Design Build Construction Companies for Commercial Properties Workflow

Project Initiation

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Project Initiation is the initial stage of a project where the project concept is defined and formally approved. This step involves identifying the key stakeholders, understanding their needs and expectations, and outlining the scope of work to be performed. The goal of Project Initiation is to ensure that all parties are aligned on the project's objectives, timelines, and resource requirements. A typical Project Initiation workflow includes: 1. Identifying the project requestor and stakeholders 2. Defining the project charter, which outlines the project's purpose, goals, and scope 3. Conducting a preliminary risk assessment to identify potential risks and mitigation strategies 4. Establishing a project schedule and budget 5. Approving the project plan with all relevant stakeholders The outcome of Project Initiation is a well-defined project plan that serves as a foundation for the subsequent project stages.