Project initiation documentation: Difference between revisions

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The PID bundles together documentation to form the logical document that brings together all of the key information needed to start and run the project on a sound basis. It should be conveyed to all stakeholders and agreed and signed off by the [[Executive sponsor|business sponsors]]. In short, this is the, "who, why, and what", part of the project. It defines all major aspects of a project and forms the basis for its management and the assessment of overall success. The project initiation document builds upon the business case (if it exists) using the information and analysis data produced during initiation activities.<ref>[http://www.pmhut.com/project-initiation-and-the-project-initiation-document-pid Project Initiation and the Project Initiation Document] - ''Retrieved on June 3, 2010''</ref>
 
A common part of formal project methodologies such as [[PRINCE2]]<ref>Prince 2: A Practical Handbook By Colin Bentley, {{ISBN |978-0-7506-5330-5}}</ref> the document is a major [[Milestone (project management)|milestone]] in the ''Initiating a Project'' process. It is the document that goes before the ''Project Board'' for sign- off to commence a project.
 
The Project Initiation Document provides a reference point throughout the project for both the customer and the Project Team.