Hey all,
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.
Week 1 :
Initiation phase of the project life cycle :
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.
Key component of project initiation :
The key component to concider during the initiation phase are :
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 :)
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