Project Initiation Phase - Explained
What is the Project Initiation Phase?
Written by J. Mance Gordon
Updated at April 21st, 2024
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What is the Project Initiation Phase?
The project initiation phase might include the following major task:
- Identifying the business problem or opportunity
- Defining the Project,
- Comparing Options
- Forming a project,
- Appointing a project team, and
- Getting Approval of the Project from Stakeholders
At the end of the startup activities, the Sponsor will make the decision of whether to pursue the project.