Member-only story
Starting a project is an essential phase that can determine its likelihood of succeeding or failing. It’s the beginning phase of the project to transform into actionable steps. Navigating this step can set you on a path to success, but failing to do so can spell disaster for you.
What is Project Initiation?
Project initiation is a high-level overview and the first phase in the project lifecycle, serving as the formal start to any project. Think of it as a workshop where everyone involved gets to understand what the project is about, what goals to achieve, and who’s going to do what.
What steps should be taken in this phase?
- Project Charter
During this stage, you create a project charter. A well-crafted project charter includes objectives, key stakeholders, scope, and deliverables. It serves as a reference point, guiding your team throughout the project lifecycle.
Why do you need a project charter?
A project charter is more than just another document to fill out. It serves as a contract between the project sponsor and the project team. It lays down the ground rules and expectations, clarifies objectives, and helps mitigate risks.
