Initiating Process

Initiating
Once a decision has been made to do a project, it must be initiated
or launched. There are a number of activities associated
with this. One is for the project sponsor to create a project charter,
which defines what is to be done to meet the requirements of
project customers. This is a formal process that is often omitted in
organizations. The charter should be used to authorize work on
the project; define the authority, responsibility, and accountability
of the project team; and establish scope boundaries for the job.
When such a document is not produced, the team members may
misinterpret what is required of them, and this can be very costly.