Project Initiation Template

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Project Management Template: Project Initiating Process Inputs: Business Elements 1) Gather information 2) Business plan / strategy A) Financial support i) Capital ii) Operating B) Feasibility 3) Evaluation criteria 4) Selection criteria/methods 5) Constraints 6) Product description Inputs: Project Elements 1) Project description 2) Gather historical information 3) High level time estimate (order of magnitude) 4) High level cost estimate (order of magnitude) 5) Objectives 6) Project manager & responsibilities 7) High level deliverables 8) Initial approach for managing project: A) Project Life Cycle B) Project Phases 9) High level constraints & assumptions 10) High level & key resource requirements A) Review resource pools 11) Review / create high level scope of work 12) Review any policies and procedures 13) Review alternative approaches for completing scope of work & project management 9104abbe-ab7c-46d5-bfb6-8a30e944dc95.doc page 1 of 2 2/25/05, Rev. 1 Project Management Template: Project Initiating Process Inputs: Project Plan Development 1) Methodology for creating plan A) What needs to be controlled B) Strategy for planning, executing, controlling, closing C) Identify performance criteria to be used to measure success 2) Meeting with stakeholders A) Define their roles B) Identify any existing requirements, goals, assumptions C) Determining stakeholder involvement 3) Status meetings on objectives Output: 1) Charter A) Project title & description B) Project manager & authority level C) Objectives D) Quantitative triple constaint criteria for success E) Business case (why being done) F) Product description and high (main) deliverables G) Senior management signature 2) Stakeholder approval of Charter References: 1. Mulcahy, Rita, PMP Exam Prep 2. A Guide to the Project Management Body of Knowledge, 3 rd Edition, Newtown Square, PA; Project Management Institute, 2005 3. 9104abbe-ab7c-46d5-bfb6-8a30e944dc95.doc page 2 of 2 2/25/05, Rev. 1

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