The Power of Enterprise-Wide Project Management

25.1. Project Initiation Processes

Project initiation consists of formally authorizing the start of planning for a new project. For example, when beginning the initiating activities, business needs and requirements are reviewed. The project is initialized with a charter issued by either the associated program manager or portfolio manager or, if it is a standalone project, by the project’s sponsor (see Chapter 22). The charter contains a basic description of the project scope, deliverables, and duration, as well as a forecast of the resources needed. The charter authorizes the manager to expend the organization’s resources. The core project team is identified and assembled just before the planning process begins to help develop the plan that ...