Wednesday, April 7, 2021

Get the Right Start for a New Project with Project Initiation Checklist


Project Management Software

Kickstarting a new project is a challenging task because it decides the success of your project. Before project initiation checklist, you need to consider various aspects ranging from preparing the scope to estimating the costs and delegating tasks to create a defining timeline. Simply put, all the key performance indicators (KPIs) need to be considered before initiating the project. 

Without making a framework for initiating the project, it is possible that all the necessary tasks remain pending. Let’s go through the key reasons why we should make a project initiation checklist. These reasons apply to the project initiation using either waterfall methodology or agile approach. 

Key Reasons Why You Need Project Initiation Checklist

Creating a checklist for project initiation can establish a strong foundation for successful project completion. Here are the key benefits of a project initiation checklist-

 It acts as a project charter that the project manager can use to keep all the team members and stakeholders on the same page during and after project initiation

 It can reduce the chances of miscommunication significantly and enable the team to ensure that all the necessary tasks are fulfilled on time while meeting expectations

 Project objectives are set at the initiation phase that assists the company to minimize operational costs and maximizing the benefits while delivering the real value

While creating a project initiation checklist, three factors are considered- they are capacity, team capability, and stakeholders. It is fair to mention that a project stands on three legs- time, quality, and cost. It is necessary to consider these three aspects to ensure successful project accomplishment.  

After going through the importance of the project initiation checklist, we will dig deep into aspects that you should consider including in the list. In other words, we will look at the objectives of the project initiation phase.

Original Source: Get the Right Start for a New Project with Project Initiation Checklist

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