INTRODUCTION TO PROJECT INITIATION
The Project Initiation Phase is the first phase in the Project Management Life Cycle, as it involves starting up a new project. In this phase a business problem (or opportunity) is identified and a business case which provides various solution options is defined. A feasibility study is then conducted to investigate the likelihood of each solution option addressing the business problem and a final recommended solution is put forward. Once the recommended solution is approved, a project is initiated to deliver the approved solution. The project is outlined the objectives, scope and structure of the new project, and Project Manager is appointed. The Project Manager begins recruiting a project team and establishes a Project Office environment. Approval is then sought to move into the detailed planning phase.
Purpose
The purpose of Project Initiation is to begin to define the overall parameters of a project and establish the appropriate project......

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