Tuesday, August 7, 2012

Project Management Process: Initiate a Project

Initiating a project involves the following steps:

Product Description:

The product description is written in collaboration with key personals. It contains definition of problem, key objectives and constraints and business justification.


The sponsors of the project should be committed and should perform major activities of a project including approval of plans, schedule and budget, steering committee chair, ensuring availability of resources, resolve major issues and review progress of the project.

Project Charter:

The project charter is written collectively by the sponsor and project manager. It highlights direction on funding source and budget authority, level and selection of planning and controls, assignment of resources for project activities and identification of other groups of whom involvement is required in the project.

The initiation process must be approved in order to start working.

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