Recently I've started the second course of Project Management specialization created by Google and titled : Project Initiation : Starting a successful project. I decided to post my notes here as a memo.
Among Project Manager responsibilities during the project initiation phase we find:
- Identify goals and resources based on initial discussion with stakeholders
- Ask the right questions to stakeholders, perform research
- Document the key component of the project.
Getting in the same page with the stakeholders, by clarifying the goals of the project, will save a lot of time and extra work for everyone throughout the project.
It's a crucial phase, because it determines how well the goals will be met, and it ensures that the benefits will outweigh the cost of the project.
Once key components established, you need to create a project charter, the document that contain all project details to review with stakeholders in order to get their approval so you can start with the planning stage.
Next, I will write about cost-benefit analysis and its importance in project management.
Have a nice day all :)