The primary purposes of the initiation phase are to determine why a project is needed and if it’s feasible . Another important purpose is to determine what is needed for the project, which involves determining what the result will be, such as data, a prototype, proof of concept, or a working product.
What is the main purpose of the initiation step in project management quizlet?
Establishing the project initiation plan involves organizing an initial core of project team members to assist in accomplishing the project initiation activities . The focus of the developing a communications plan activity is to collect and organize the tools that will be used while managing the project.
What is the purpose of the initiation phase of a project?
The initiation phase encompasses all the steps you must take before a project is approved and any planning begins. The goal is to define your project at a high level and tie it into the business case you wish to solve .
What is initiation stage in project management?
Project initiation is the first phase of the project management life cycle and in this stage, companies decide if the project is needed and how beneficial it will be for them. The two metrics that are used to judge a proposed project and determine the expectations from it are the business case and feasibility study.
Why is the initiation stage of project management important?
The project initiation phase holds great value since it involves hiring a project team and setting solid goals . Without an efficient project team and clear goals, it gets difficult to perform the required duties throughout the project cycle.
Which project management process group should you spend the most time and money?
The most time should be spent on executing, followed by planning . 3.
What are the five project management process groups in order?
There are 5 phases to the project life cycle (also called the 5 process groups)— initiating, planning, executing, monitoring/controlling, and closing .
What are the major steps in project initiation?
- Developing a business case. ...
- Running a feasibility study. ...
- Drafting a project charter. ...
- Enlisting & managing stakeholders. ...
- Selecting the right team & project office. ...
- Putting the finishing touches.
What are the 5 phases of a project?
- Project Initiation.
- Project Planning.
- Project Execution.
- Project Monitoring and Controlling.
- Project Closing.
What are the 4 phases of project management?
Whether you’re in charge of developing a website, designing a car, moving a department to a new facility, updating an information system, or just about any other project (large or small), you’ll go through the same four phases of project management: planning, build-up, implementation, and closeout .
What is the initiation process?
The initiation phase is the beginning of the project. In this phase, the idea for the project is explored and elaborated . The goal of this phase is to examine the feasibility of the project. ... Examples of this type of project proposal include business plans and grant applications.
What are the six phases of project management?
- Initiation phase.
- Definition phase.
- Design phase.
- Development phase.
- Implementation phase.
- Follow-up phase.
What happens during the initiation stage?
During the initiation phase, the scope will be discussed and its points negotiated until all major stakeholders see their objectives being met . The final scope is then documented within the project charter and signed off by the major stakeholders.
Why is the process of initiation important?
Initiation is the first step in the project management process, and it is the first step in the scope-management process. It authorizes (formally) a project to begin and links a project to the work and to the strategic objectives of the organization .
What are the five dimensions that must be managed on a project?
Projects should be measured on five specific dimensions: efficiency, customer, business-now, business-future, and team success . From these dimensions, business measures, customer measures, and process measures should form the basis for creating various metrics to measure the project manager.
What kind of documents do you need during project initiation?
- Purpose. ...
- Project Scope Statement. ...
- Project Background. ...
- Assumptions, Dependencies and Constraints. ...
- Organization and Governance. ...
- Communication Plan. ...
- Quality Plan. ...
- Initial Project Plan.
