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PMP Exam Cram™ 2, Second Edition by Michael Solomon

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Chapter 2. Understanding Project Initiation

Terms you’ll need to understand:

Assumptions

Constraints

Go/No-go decision

Management by objectives (MBO)

Project boundaries

Project charter

Project initiation

Project initiator

Project scope

Project selection

Project sponsor

Techniques and concepts you’ll need to master:

Gathering initial project information

Project authorization

Understanding the importance of project initiation

Assignment of project manager

Shared project ownership

Developing a project charter

Developing a preliminary project scope statement

Knowing the difference between initiating and planning process group activities

The first process group you will encounter in the project life cycle is project initiation. Although project initiation ...

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