STEPS OF THE INITIATION PHASE

Each project is unique. The specificity of the desired result, the participation of different people and personalities, different moments and circumstances contribute to separate each project from the rest.

The “Project Management Institute” or “PMI” has determined that projects have 5 phases (or groups of processes):

The first phase is the Initiation – This is a preliminary phase during which the foundations of the project are laid, by the Project Promoter. The general objective, concept or problem to be solved, a general schedule (expected completion date) and a budget are defined. All this is documented in the Business Case of the project. A Project Manager is identified and assigned to begin work on the project.

• Definition of the project objective.
• Review of the business case.
• Establish the scope of the project.

All projects are created for a reason. Someone identifies a need or an opportunity and designs a project to address that need. A business case is created to define the problem or opportunity and identify a preferred solution for implementation.

• Feasibility study.
• Assessment of risks and expectations.

A feasibility study is used to determine the feasibility of the project idea. Each project is Tested in 5 areas:

✓ Technical feasibility
✓ Economic viability
✓ Legal feasibility
✓ Operational feasibility
✓ Programming feasibility

A project sponsor determines whether the project is worth undertaking or should be completed through the project selection process.

• Roles are assigned to the project team.
• The project sponsor is identified.

The project sponsor issues the project charter to authorize the existence of the project that has already been approved and appoint a Project Manager. Who will be in charge of allocating resources, roles, times, quality and in general will be responsible for the success of the project.