The purpose of the Initiating Guide is to guide and direct the project initiating process. During initiating the project is defined and authorized. This is how a project starts. The project is given authority and the foundation starts to form.
The project begins to take shape by reviewing the SOW or Business Case. The SOW is a narrative description of products, services, or results to be delivered by a project. The Business Case or similar document describes the necessary information from a business standpoint to determine whether or not the project is worth the required investment.
Within the Initiating processes, the initial scope is defined and initial financial resources are committed. Internal and external stakeholders who will interact and influence the overall outcome of the project are identified.
The Project Charter and Stakeholder Register are the two documents developed in the initiating process and the two outputs of the process.
The Project Charter is a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. The charter documents the business needs, assumptions, constraints, the understanding of the client’s needs and high-level requirements, and the new product, services, or result that the project is intended to satisfy.
The Stakeholder Register contains all details related to the identified stakeholders including, but not limited to identification information, assessment information, and stakeholder classification.
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