Project Initiation

What is the purpose of a business case?

• To increase approval success

• To authorize the project

• to define the problem or opportunity in detail and identify a preferred solution to be implemented.​

What is a project scope?

• A project management technique used to determine the longest path of dependent tasks in a project and calculate the project's overall duration.

• A detailed description of what the project will and will not encompass.

• A “single, consolidated source of information” for project initiation and planning. It describes your current knowledge about the project and includes information such as the names of all stakeholders, a statement of your organization’s needs, the history leading up to the project, the project’s purpose, deliverables, and roles and responsibilities.

• Factors or conditions that are believed to be true but require validation or limitations that must be considered.

What are assumptions and constraints?

• A “single, consolidated source of information” (Richter 2014) for project initiation and planning. It describes your current knowledge about the project and includes information such as the names of all stakeholders, a statement of your organization’s needs, the history leading up to the project, the project’s purpose, deliverables, and roles and responsibilities.

• A project management technique used to determine the longest path of dependent tasks in a project and calculate the project's overall duration.

• Factors or conditions that are believed to be true but require validation or limitations that must be considered.

• A detailed description of what the project will and will not encompass.

What is a project charter?

• A detailed description of what the project will and will not encompass.

• Factors or conditions that are believed to be true but require validation or limitations that must be considered.

• A project management technique used to determine the longest path of dependent tasks in a project and calculate the project's overall duration.

• A “single, consolidated source of information” (Richter 2014) for project initiation and planning. It describes your current knowledge about the project and includes information such as the names of all stakeholders, a statement of your organization’s needs, the history leading up to the project, the project’s purpose, deliverables, and roles and responsibilities.

A project management technique used to determine the longest path of dependent tasks in a project and calculate the project's overall duration. 

• Project Charter

• Critical Path Method

• Project Scope

• Constraints

An individual or group responsible for providing the necessary resources and support for the project.

• Project manager

• Client

• Project Sponsor

• Project Team

An individual or entity within an organization who is assigned the responsibility for managing and mitigating a specific risk.

• Risk Owner

• Risk Assistant

• Risk Sponsor

• Risk Management

When do you create a project charter?

• implementation

• planning

• initiation

• closure

Prioritizing stakeholder participation is the main goal of stakeholder mapping.

• True

• False

What is the significance of including a project's assumptions and constraints in the charter?

• To manage stakeholder expectations and aid in making decisions

• To outline the project manager's responsibilities

• To clarify external factors that may impact the project's success

• 
  To provide a detailed breakdown of project costs