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Initiating a Project (IP) PROCESS

Written by Andy Trainer – Thu 12 Jul 2007

PRINCE2® PROCESSES – Initiating a Project (IP)

See our training for PRINCE2.

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

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