Identify high-risk projects, assign risk analysts, conduct site visits to gather data, review historical data and precedents, assess project-specific risks through SWOT analysis, provide mitigation strategies and monitor progress.
Type: Fill Checklist
The Project Initiation phase is the initial step in the project management process. It involves defining the project's objectives, scope, timelines, and resources required to deliver a successful outcome. This phase sets the stage for the entire project lifecycle by establishing clear expectations among stakeholders, team members, and sponsors. During this phase, key activities include: Defining project goals and objectives Establishing a project charter or document that outlines the project's scope, timeline, and budget Identifying stakeholders and their roles in the project Developing a preliminary project schedule and resource plan Effective Project Initiation ensures that all parties involved are aligned with the project's vision, goals, and deliverables, thereby reducing the risk of misunderstandings and miscommunications that can arise later in the project. It also helps to establish a solid foundation for the subsequent phases of the project lifecycle.
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