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Initiating Phase - Introduction
August 29, 2008 | Author: PM Hut | Filed under: Project Lifecycle Phases, Project Management Definitions
Initiating Phase - Introduction (#1 in the series Initiating Phase)
By Michele Berrie, Queensland University of Technology
Definition: declaring and authorising the project.
This phase includes notification of the intention of developing a project proposal. As part of the same phase, the authority controlling project resources, typically funding, will approve or reject the proposal. With approval, the projects will have funds reserved for resources and the following process may be followed.
- Project Notification
- Project Proposal (may be used in three ways)
- Project Proposal - define the conceived project as the basis for approving and reserving funding for a project.
- Project Specifications Request - request funding to prepare detailed project specifications.
- Feasibility Study Request - request funding to conduct a Feasibility Study, used to provide an analysis of the objectives, requirements, and concepts of the proposed work
- Feasibility Study Report
Queensland University of Technology (QUT) is a highly successful Australian university with an applied emphasis in courses and research. Based in the city of Brisbane with a global outlook, it has 40,000 students, including 6000 from overseas, (QUT Statistics) and an annual budget of more than AU$500 million. Courses are in high demand and its graduate employment rate is well above the national average for Australian universities.
Related Articles
- Project Management Process - Phase 1 - Initiating - Identify Project Sponsor
- Project Management Process - Phase 1 - Initiating - Charter and Announce Project
- Duties of the Project Manager During the Initiating Phase
- Project Management Process - Phase 1 - Initiating - Select and Brief Project Planning Team
- Project Management Process - Phase 1 - Initiating - Identify Project Alternatives
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