Mastering Project Management

  The project initiation is an imperative step in the project management lifecycle that signifies the official launch of a project and provides the basis of achieving its success. In this step, the identification of the project objectives and the main goals that justify the existence of the project are the first steps. The initiation stage will involve the involvement of stakeholders in order to consult with them on their expectations, demands, and benefits that they expect the project to yield. Such collaboration process assists to benefit a common experience on the purpose of the project and streamline the interests of all the parties. One of the important parts of project launch is project charter development, which is a document, which defines project scope, goal, and significant stakeholders. The project charter acts as a guideline in the project; hence, all people are on the same terms on the objectives and can make sound decisions as the project is going on. It is also use...