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PRINCE2 PROCESSES – Initiating a Project (IP)

The purpose of the Initiating a Project process is to establish solid foundations for the project, enabling the organisation to understand the work that needs to be done to deliver the project’s products before committing to a significant spend.

The objective of the Initiating a Project process is to ensure that there is a common understanding of:

• The reasons for doing the project, the benefits expected and the associated risks
• The scope of what is to be done and the products to be delivered
• How and when the project’s products will be delivered and at what cost
• Who is to be involved in the project decision making
• How the quality required will be achieved
• How baselines will be established and controlled
• How risks, issues and changes will be identified, assessed and controlled
• How progress will be monitored and controlled
• Who needs information, in what format, and at what time

Other products created and ready for use when the project commences are:

• Risk Management Strategy and Risk Register
• Configuration Management Strategy, Initial Configuration Item Records and Issue Register
• Quality Management Strategy and Quality Register
• Communication Management Strategy
• Project Controls
• Role Descriptions
• Project Management Team Structure
• Project Plan
• Product Descriptions
• Benefits Review Plan
• Detailed Business Case
• Project Initiation Documentation

Similar resources you may like

1. Download PRINCE2 Project Templates
2. Starting Up a Project (SU) PROCESS
3. Managing a Stage Boundary (SB) PROCESS
4. Controlling a Stage (CS) PROCESS
5. Closing a Project (CP) PROCESS

Tags

Configuration Management Strategy, Initial Configuration Item Records, Initiating a Project Process, IP, Issue Register, PRINCE2, PRINCE2 Foundation Training, PRINCE2 Initiating a Project, PRINCE2 Practitioner Training, PRINCE2 Processes, project decision making, Project Management Team Structure, Project Plan, Risk Management Strategy, Risk Register

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This entry was posted by Alistair Wylie on Thursday, July 12th, 2007 at 11:22 am and is filed under PRINCE2®. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.