Project Phases

Project Phases and what you need to complete for each phase:
Phase1: Initiation Phase
1. Why is this a Project (do not forget a project is temporary)? Briefly explain your project.
2. Is it feasible? (can this project succeed and why do you think the project will succeed)
3. Explain how this project benefits your organization, client, or yourself.
4. Prepare a scope
a. what is the timeline for your project (how long will it take to complete the
project)?
b. What is your project deliverable (examples finished building a house, you
finished the remodeling of the kitchen, started a business, and it is now ready to
open)?
c. What is the budget for your project (you do not need to prepare a budget, provide
an estimate)?
d. What are the items excluded in your project (example, if your project is building a
house, swimming pool is not part of the project, if you are starting a business, a
website is not part of the project)?
e. Who are your stakeholders (people who have some control or will be affected
by your project)?
f. Who is going to be on your team? Why did you choose that person to be on your
team? (Example, CFO because they have a functional role in managing the
money, Marketing manager because the person oversees marketing products for
your organization).