CHAPTER 6: DIRECTING A PROJECT
Projects take time and cost money to initiate, so the activities for initiation should be planned, monitored and controlled. The project board activity to authorize initiation ensures that such investment is worthwhile.
What this means
Decision: Is this project idea worthy of further investigation?
Once an idea that is at least worthy of a second (more detailed) look has been discovered, a request will be sent to the project board to authorize initiation. This decision publicly shows commitment to the organization and other senior managers. In essence, the project board is saying, “This idea has been deemed worthy of further investigation. If the project manager comes around to ...