Hello Everyone,

It is critical to know which steps can be taken to successfully go through project initiating phase as quickly and efficiently as possible. To be a good project manager, you should know how to initiate projects successfully, get sponsorship support, conduct a feasibility study, cooperate, communicate and share important information with team and stakeholders. There are few steps that I want to share how to initiate a project successfully.

Make a business case- outlines the risks or opportunities and come up with alternative solutions for problems. At this stage, one should know the reason behind starting the project, key benefits and cost required for the project. It is important to know that business case is to be developed and approved by the sponsor before submitting the solution not by project manager.
Conduct a feasibility study- document the requirements for a solution, research factors that influence the projects feasibility, investigate alternative solution, assess risk and issues with each solution and develop a feasibility report and document results to initiate projects.
Develop the project charter- at this phase, project manager sets the time duration and decides which activities and tasks the project actually starts. It gives a clear vision to the stakeholders and shows what objectives, scopes, and deliverables are to be achieved within the project.
Assign the team- Tasks and activities are assigned by the project manager based on team members’ qualification. Project manager also assigned the team leaders responsibility for making team assignments, fulfill team requirements, making sure project progress and deliverable and report documents to the project manager.
Review the project-to ensure that all of the requirements has been fulfilled in order to be proceed to the next planning phase.

Kindly Share your opinion or experience??