Project Initiation Basics:

Project initiation is the first phase of the project lifecycle. This stage sets the foundation for the success of the project by defining its purpose, scope, and deliverables.

A business case outlines the project’s rationale, justifying its investment and potential benefits. It includes financial analysis, market research, and competitive analysis.

Acceptance criteria define the standards and conditions that must be met for the project to be considered complete and successful. They are specific, measurable, achievable, relevant, and…

A project brief summarizes the project’s goals, objectives, target audience, and key deliverables. It serves as a concise overview for stakeholders and team members.

Project deliverables are the tangible outputs or outcomes that the project aims to produce. They can be products, services, or even changes in processes or systems.

A well-defined project initiation ensures a clear understanding of the project’s goals, scope, and requirements, laying the groundwork for effective planning, execution, and delivery.