Chapter 2: Project Planning and Initiation
Abstract: Project planning and initiation" refers to the first crucial phase of a project management lifecycle, where the project's scope, objectives, stakeholders, and necessary resources are clearly defined, laying the groundwork for detailed planning and ultimately gaining approval to proceed with the project; essentially, it's the process of formally starting a project by establishing its foundation and securing buy-in from key parties involved. Key aspects of project planning and initiation: Defining project goals and objectives: Clearly stating what the project aims to achieve and the desired outcomes. Identifying stakeholders: Recognizing all individuals or groups impacted by the project, including their needs and expectations. Scope definition: Establishing the boundaries of the project, outlining what is included and excluded. Feasibility analysis: Assessing whether the project is technically and financially viable to undertake. Develop...