What is the initiation phase in project management?
Within the project management lifecycle, the initiation phase refers to the first step that marks the start of a project. This phase involves finding out the exact goals and requirements of your client to ascertain if you have the right resources to successfully complete the project on time and on schedule.
Further Reading:
– Project Initiation: A Guide to Starting a Project the Right Way
– 10 Best Free Project Management Tools – Features Comparison
– 7 Strategies to Manage and Track Multiple Projects at Once
– 11 Project Management Best Practices You Need to Follow Right Now
All Terms
- Acceptance Criteria
- Adaptive Project Framework (APF)
- Aggregate Project Plan (APP)
- Agile
- Artifact
- Backlog
- Burn Rate
- Constraint
- CAPEX (Capital Expenditure)
- Change control
- Change freeze
- Change management plan
- Change request
- Closing Phase
- Communications Management Plan
- Cost Management Plan
- Cost Overrun (Budget overrun)
- Cost Performance Index (CPI)
- Critical Chain Project Management (CCPM)
- Critical Path
- Critical Path Method (CPM)
- Deliverable
- Dependency
- Execution Phase
- Extreme Programming (XP)
- Feasibility study
- Gantt Chart
- Human Resource Plan
- Initiation phase
- Iteration
- Just in Time (JIT)
- Kanban
- Kickoff Meeting
- Key Performance Indicator (KPI)
- Lead Time
- Lean Production
- Milestone
- Net present value (NPV)
- Objectives
- Planning phase
- PRINCE2 (PRojects IN Controlled Environments)
- Project
- Project Manager
- Quality Assurance (QA)
- Quality Control (QC)
- Risk
- Risk Register
- Schedule Management Plan
- Scheduling
- Scope
- Scope Creep
- Scrum
- Sprint
- Stakeholder
- Test
- Use Case
- User Acceptance Test (UAT)
- Virtual Teams
- Value stream mapping
- Work Breakdown Structure (WBS)
- Workaround
- Waterfall Methodology
- X-bar control chart
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What is the initiation phase in project management?
Within the project management lifecycle, the initiation phase refers to the first step that marks the start of a project. This phase involves finding out the exact goals and requirements of your client to ascertain if you have the right resources to successfully complete the project on time and on schedule.
Further Reading:
– Project Initiation: A Guide to Starting a Project the Right Way
– 10 Best Free Project Management Tools – Features Comparison
– 7 Strategies to Manage and Track Multiple Projects at Once
– 11 Project Management Best Practices You Need to Follow Right Now
