Project Management Phases- The Initiation Phase

Topic

Project Management Phases- The Initiation Phase

Instructions

Discuss the Initiation Phase in Project Management.

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Project management involves activities that start and end within a predefined timeline after delivering the intended change. In general terms, the purpose of a project is to solve an existing problem or take advantage of existing opportunities. The distinctiveness of activities is what determines whether the project delivers the intended results to the client or beneficiaries. A standard project involves five phases (project initiation, planning, implementation, control and closure). These phases are executed in a structured manner to ensure that the project manager and the teams deliver results within the budget and scope limits. The process undertaken from the beginning to the end of the project is referred to as project life cycle. The purpose of this document is to provide a presentation with insights to project management stakeholders on what project lifecycle entails and activities involved.

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