Construction Project Timeline and Cost Estimation Tools Workflow

Step 1: Project Initiation

Type: Fill Checklist

Project Initiation is the first step in the business workflow process. This stage involves defining the project's objectives, scope, and timeline. The goal of this phase is to set clear expectations for all stakeholders and ensure everyone is aligned with the project's vision. Key activities during Project Initiation include: - Identifying project requirements - Defining deliverables and milestones - Establishing a budget and resource allocation plan - Selecting project team members and assigning roles By completing this phase, organizations can create a solid foundation for their project, enabling them to effectively plan, execute, and monitor its progress. A well-defined Project Initiation stage ensures that all stakeholders are informed and engaged throughout the project lifecycle, ultimately contributing to its success.