Project initialization key components

Last updated Jun 5, 2023

Components:

• Goals
• Scope
• Deliverables
• Success criteria
• Stakeholders
• Resources

• The goal is what you’ve been asked to do and what you’re trying to achieve
• Project goals

• Scope definition: the process to define the work that needs to happen to complete the process
• Project scope

• Products and services that you will create for your customer, client, or project sponsor
• Tangible or intangible

• The standards by which you measure how successful a project was in reaching its goals
• Success criteria

• They’re people who both have an interest in, and are affected by, the completion and success of a project.
• Stakeholders

• Budget
• People
• Materials

Project charter