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
- Assumptions
- Baseline
- Backlog
- BOSCARD
- Burn Rate
- Balance Scorecard
- Business Case
- Contingency Plan
- Case Study
- 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)
- Change Management
- Deliverable
- Dependency
- Earned Value
- Execution Phase
- Extreme Programming (XP)
- Fast Tracking
- Feasibility study
- Forecasting
- Goal Setting
- Gantt Chart
- Human Resource Plan
- Initiation phase
- Iteration
- Just in Time (JIT)
- Knowledge Area
- Kanban
- Kickoff Meeting
- Key Performance Indicator (KPI)
- Life Cycle
- Lead Time
- Lean Production
- Milestone
- Net present value (NPV)
- Objectives
- Project Portfolio
- Program Manager
- Performance Indicator
- Planning phase
- PRINCE2 (PRojects IN Controlled Environments)
- Project
- Project Proposal
- Project Manager
- Priority Matrix
- Quality Assurance (QA)
- Quality Control (QC)
- Risk Mitigation
- Risk
- Resource Management
- Risk Register
- Scope Statement
- Six Sigma
- Schedule Management Plan
- Scheduling
- Scope
- Scope Creep
- Scrum
- Sprint
- Stakeholder
- Timeline
- 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
