PRINCE2-Initiating a Project

The purpose of the initiating a project process is to establish solid foundations for the project, enabling the organization to understand the work that needs to be done to deliver the project's products before committing to a significant spend.

The objective of the initiating a project process is to ensure that there is a common understanding of:

  • the reasons for doing the project, the benefits expected and the associated risks
  • the scope of what is to be done and the products to be delivered
  • how and when the project's products will be delivered and at what cost
  • who is to be involved in the project decision-making
  • how the quality required will be achieved
  • how baselines will be established and controlled
  • how risks, issues and changes will be identified, assessed and controlled
  • how progress will be monitored and controlled
  • who needs information, in what format and at what time
  • how the corporate, programme management or customer method will be tailored to suit the project.

The activities within the initiating a project process are project manager oriented and are to:

  • agree the tailoring requirements
  • prepare the risk management approach
  • prepare the change control approach
  • assemble the project initiation documentation.
  • refine the business case
  • create the project plan
  • set up the project controls
  • prepare the communication management approach
  • prepare the quality management approach