PMP Exam Cram™ 2

Chapter 3. Project Initiation

Terms you'll need to understand:

• Initiation

• Project charter

• Assumptions

• Constraints

• Management by Objectives

• Project charter

Techniques and concepts you'll need to master:

• The importance of project initiation

• The purpose and elements of a project charter

• The proper role to issue the project charter

• The importance of the project charter to the project manager

• The timing and importance of the project manager assignment

• The value of project selection methods

• The two general types of project-selection methods

• The sources of expert judgment

• The Management by Objectives (MBO) process

• The relationship of project initiation to planning activities

Project initiation is the first project management process to execute in the project lifecycle, ...