Initiation sets the scene for the project and ensures that the project objectives are aligned with the objectives and strategies of the organization. The project foundations and the project order are drawn up and the decision on project release is made.
  1. Based on the project initiation order, the project sponsor releases the resources for the initiation phase. He commissions a project manager to carry out the initiation phase.
  2. The study with a situation analysis, objectives and rough requirements as well as the options are compiled. The options are described in such detail that they can be evaluated in a comprehensible and transparent manner. Among other things, the project and operational risks are determined, and the legal basis analysis and the protection requirements analysis are drawn up and included in the decision. The option decision is made.
  3. Based on the chosen option, the project management plan and project order are drawn up and compared with the strategies, specifications and overriding objectives of the core organization. Stakeholder interests are analyzed and conflicts of interest are resolved.
  4. The decision on project release is made and the project order is signed. The release is carried out by the core organization and the project sponsor.
At the end of the initiation phase, a check is carried out to see whether it is wise to release the project. Possible reasons for termination include economic inefficiency, excessive risks, infeasibility, lack of alignment with the objectives and strategies of the organization.