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Archive | 1 Project Initiation

These articles are about the tools and techniques project managers use to start a project. They include the statement of work, the  scope statement, the charter, identifying the  stakeholders, gathering requirements, and defining high-level deliverables to support the scope.

Project Launch – Sell the Project & Build Political Support

The project launch meeting is an opportunity for you, the project manager, and the sponsor to build enthusiasm for the project among the project team and the project stakeholders. The team members are the people who will be doing the project work. The stakeholders are the people affected by the project. Other attendees are managers affected by the […]

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Cost-Benefit Analysis in Project Initiation

Cost-benefit analysis is a simple technique for comparing the business value a project will produce with the cost of producing it. Project managers use cost-benefit analysis in the project initiation phase to show the value of doing a project. During project initiation, the sponsor and project manager must justify the project to get the organization’s approval to spend the […]

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Project Launch – Video

Project launch, also called project initiation, is a critical phase of every project. If it is not done properly, the odds of the project’s success drop significantly. The purpose of the launch/initiation meeting is to build team member and stakeholder enthusiasm for the project. The project manager must also communicate the key strategic issues for the […]

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How To Initiate Projects

Projects fail when executives and stakeholders initiate projects like they’re ordering lunch at the drive-through window of a fast-food joint. In this situation, you, the project manager, can’t control the scope so the project finishes late and produces very little business value. Consistent project failure usually starts when PMs and sponsors initiate projects with fast food order-taking techniques. […]

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