Initiating and

Planning
 INITIATING
O setting overall project direction and
defining project objectives.
O a description of the product of the
project, initial documentation of
project objectives, and assignment of
a project manager
 INITIATING
O Project Initiation Phase is the 1st
phase in the Project Management Life
Cycle, as it involves starting up a new
project.
Six Project Initiation steps
1. Develop a Business Case
2. Undertake a Feasibility Study
3. Establish the Project Charter
4. Appoint the Project Team
5. Set up the Project Office
6. Perform a Phase Review
 Benefits of Initiation
1. Cost reduction
2. Capability
3. Communication
4. Control
5. Competitive advantage
 PLANNING
O devising a workable scheme to
accomplish an objective.
O a documented project plan and
documented updates to the plan
as the project progresses
Project Planning Process
O Scope definition
O Project definition
O Task definition
O Task sequencing
O Duration estimating
O Schedule development
O Cost estimating
Project Planning Process
O Cost budgeting
O Plan Integration
O Quality planning
O Role and responsibility definition
O Organization planning
O Project staffing
Project Planning Process
O Communications planning
O Risk identification
O Risk assessment
O Solution development
O Procurement planning
O Solicitation
O Procurement
 Benefits of Planning
1. Project efficiency
2. Impact on the customer
3. Business success
4. Preparing for the future
Thank You!