The Initiating Process Group consists of those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase. Within the Initiating processes, the initial scope is defined and initial financial resources are committed.
What is an initiating process group?
The initiating process group is generally when a project is formally approved and assigned a project manager. The group includes two primary processes: developing the project charter and identifying the project stakeholders. Typically, a project charter will also include: Resources required. Key stakeholders.
What is the purpose of the initiation?
Initiation is a rite of passage marking entrance or acceptance into a group or society. It could also be a formal admission to adulthood in a community or one of its formal components. In an extended sense it can also signify a transformation in which the initiate is ‘reborn’ into a new role.
What is the main purpose for initiating a project?
The initiation phase encompasses all the steps you must take before a project is approved and any planning begins. The goal is to define your project at a high level and tie it into the business case you wish to solve.
Why is a process of initiation important?
Importance of Project Initiation The project initiation phase holds great value since it involves hiring a project team and setting solid goals. Without an efficient project team and clear goals, it gets difficult to perform the required duties throughout the project cycle.
What happens in the initiating process?
The initiating process group consists of processes necessary to define a new project or a new phase of an existing project. It involves obtaining authorization for the project or project phase. It defines objectives, outcomes, and success criteria. It assigns a project manager.
How important is the project charter in the initiating process group?
The initiating process involves developing the project charter, and identifying all stakeholders. The project charter helps the project manager to define the constraints of the project so that all expectations and objectives are clear from the beginning of the project.
What is the main purpose of the initiating step in project management quizlet?
Project initiation is the second phase of the project management process, which focuses on defining clear, discrete activities and the work needed to complete each activity within a single project.
What is the initiation phase?
The initiation phase is the beginning of the project. In this phase, the idea for the project is explored and elaborated. The goal of this phase is to examine the feasibility of the project. The project officially begins at the time of approval.
What does being initiated mean?
As a verb, initiate means to start. As a noun, initiate refers to someone who has been inducted into a group. As a verb, to initiate is to begin, pioneer, or broach a topic.
What is the importance of the two processes in the initiating process group?
The Initiating process group has two processes: Develop Project Charter and Identify Stakeholders. After completing the processes in this group, a project manager has the authority to use organizational resources for project activities.
What are the main tasks during initiation phase?
The Project Initiation Phase is the 1st phase in the Project Management Life Cycle, as it involves starting up a new project. You can start a new project by defining its objectives, scope, purpose and deliverables to be produced.
What is the five step process of initiating a project?
According to the PMBOK Guide (Project Management Body of Knowledge) by the Project Management Institute (PMI), a project management life cycle consists of 5 distinct phases including initiation, planning, execution, monitoring, and closure that combine to turn a project idea into a working product. 4