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