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Questions and Answers
What is the primary purpose of project initiation?
What is the primary purpose of project initiation?
- To create a detailed project schedule
- To define the project scope clearly
- To identify project risks and mitigation strategies
- To establish project objectives and feasibility (correct)
Which document is typically created during the project initiation phase?
Which document is typically created during the project initiation phase?
- Work Breakdown Structure
- Stakeholder Engagement Plan
- Risk Management Plan
- Project Charter (correct)
Who is primarily responsible for approving the project during the initiation phase?
Who is primarily responsible for approving the project during the initiation phase?
- Project Manager
- Stakeholders
- Project Team Members
- Project Sponsor (correct)
What is a key output of the project initiation phase?
What is a key output of the project initiation phase?
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Which technique is commonly used in project initiation to validate project feasibility?
Which technique is commonly used in project initiation to validate project feasibility?
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Study Notes
Project Initiation Overview
- Aims to define the project at a high level and establish its feasibility, objectives, and scope.
- Ensures alignment with organizational goals and stakeholder expectations.
Key Document Created
- Project Charter is developed, outlining the purpose, objectives, stakeholders, and overall framework for the project.
- Serves as a formal agreement and reference for project scope and authority.
Approval Authority
- The project sponsor or executive management is primarily responsible for approving the project during the initiation phase.
- Their endorsement is essential for providing the necessary resources and support.
Major Output
- A key output of the project initiation phase is the Project Charter, which allows the project to formally commence.
- It encapsulates essential details, including sponsorship, goals, and high-level requirements.
Validation Technique
- Technical feasibility studies are commonly used to evaluate project viability.
- This technique assesses whether the project can be successfully accomplished within the given constraints.
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