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One of the main outputs of the initiation process is _____. a. identifying the project sponsor b. creating the work breakdown structure c. selecting the project manager d. developing the project charter
- Create A Project Charter Or Business Case
- Identify Key Stakeholders and Pitch Your Project
- Run A Feasibility Study
- Assemble Your Team and Tools
In this first step, you demonstrate why your project is necessary and what benefit it will bring. You can do this with either a project charter or a business case. These two documents follow the same fundamental idea, since they’re both used to outline key project details and pitch your initiative to stakeholders. The main difference between them i...
Next up, determine who needs to sign off on your project charter or business case. This includes key stakeholders who have a say in the outcome of your project—for example, executive leaders, project sponsors, or cross-functional teams that you’re requesting budget or resources from. If you’re not sure who your key stakeholders are, ask yourself th...
At this point you’ve pitched your project, demonstrating that it adds value and fits with your company’s overall strategic plan. Now, it’s time to run a feasibility studyto confirm your project is possible with the resources you have at your disposal. Simply put, a feasibility study evaluates whether your project could be successful. It answers the...
Now that your project is approved and its feasibility proven, you can finally start to assemble your team, workspace, and tools. Here are some pointers to get you started: 1. A good team can go a long way in making your project a success,and it can take time to find people with the right experiences and skills. It’s a good idea to start this proces...
Study with Quizlet and memorize flashcards containing terms like What processes include defining and authorizing a project or project phase?, What processes include devising and maintaining a workable scheme to ensure that the project addresses the organization's needs?, Which processes include acquiring and developing the project team, performing quality assurance, distributing information ...
Feb 7, 2024 · The main objectives and goals of the project management initiation phase are to define the project’s purpose, establish clear and measurable objectives, and identify the key people involved in the process. The Importance of Proper Project Initiation. The initiation phase is a crucial step to starting a new project.
Nov 21, 2023 · The initiation phase is the first step in a project. It includes the planning of a project and any necessary research. The scope of the project is decided during this phase. The initiation phase ...
The project initiation phase is the first phase within the project management life cycle, as it involves starting up a new project. Within the initiation phase, the business problem or opportunity is identified, a solution is defined, a project is formed, and a project team is appointed to build and deliver the solution to the customer.
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Initiation is defined in the PMBOK ® Guide as “the process of formally recognizing that a new project exists or that an existing project should continue into its next phase” and Scope Definition as “subdividing the major project deliverables (as identified in the scope statement) into smaller, more manageable components.” In essence, this is the phase of the project when the business ...
