Dr. Simon touched on the importance of Due Diligence during the initiation phase of a project. He mentioned a couple of questions to think about during this phase:

Is there a business need for project?
What are project objectives?
How complicated is this thing, really?
Who are the stake holders?

The more questions that we ask ourselves at this point in the project, the better off we will be as the project progresses. What are some questions that you would ask yourself at this stage, and why are they important?