4th Understand the Project Initiation Phase

The Project Charter

Provides high-level information to define project objectives, set boundaries, align expectations, and describe success.

Key Purpose: Authorizes the project to begin

Business Case

A value proposition for a proposed project. Include business needs, options, recommendations, feasibility study.

Key purpose: Should the project proceed.

Stakeholder Register

A documentation of each stakeholder's contact information, position, concerns, interests, and attitude toward the project. The project manager updates the register as new stakeholders are identified and when stakeholders leave the project.

Responsibility Assignment Matrix (RAM)

Assigns project deliverables to key stakeholders who will be responsible for them

RACI

Responsible, Accountable, Consulted, Informed

R(Responsilbe)

Does the work- only 1 name

A(Accountable)

Approves or signs off the work- only 1 name

C(Consulting)

Provides info or input - can have multiple names

I(Informed)

Needs to be kept in the loop- Can have multiple names

Records Management

Retention and disposal requirements which will vary depending on your industry they type of info, and your geographical location

Product Vision

A short, high level statement outlining the business purpose of our product

Product Roadmap

Provides some general time frames for major themes of the product experience

The Kickoff Metting

Usually, the first official meeting between the project team and the sponsor.

-Make introductions

-Communicate the project purpose and goals

-Set expectations

-Clarify roles and responsibilities

-Take questions