Initiating

Initiating is one of the 5 project management process groups.

It consists of processes for

• Defining a complete new project.
• Defining a new phase of an existing project.

PMI Definition: “Initiating Process group consists of those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase. “

The 2 Processes in Initiating Process Group are

1. Develop Project Charter
2. Identify Stakeholders

Important Documents developed in Intiating Process Group

1. Project Charter
2. Assumption Log
3. Stakeholder Register

Significance of Initiating Process Group

• High level Scope defined.
• Initial financial resources are committed.
• Project will be officially authorized, when the Project Charter is approved.
• Both Internal and External stakeholders of the project are identified.
• If not already assigned, Project Manager will be selected and assigned.