Initiation is a formal commencement of the work by obtaining authorisation. The Project Initiation means that the project execution team begins the project works or activities. Establish a project organisation, project baselines and kick-off meetings with internal and external members, and define what to do; who is going to be key members; overall project scope of work (responsibility); project schedule; budget, and project goals and objectives (execution philosophy or principle) to be a basis of the Project Execution Plan (PEP) and procedures. The Project Initiation team should agree with the overall project status include risks from a proposal team or a corporate planning team.
Related Definitions in the Project: The Project Management; Project
