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Initiating a Project (IP)
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The objectives of Initiating a Project are to:
- Agree whether or not there is sufficient justification to proceed with the project
- Establish a stable management basis on which to proceed
- Document and confirm that an acceptable Business Case exists for the project
- Ensure a firm and accepted foundation to the project prior to commencement of the work
- Agree to the commitment of resources for the first stage of the project
- Enable and encourage the Project Board to take ownership of the project
- Provide the baseline for the decision-making processes required during the project's life
- Ensure that the investment of time and effort required by the project is made wisely, taking account of the risks to the project
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