The three major processes in Project Initiation are:
Develop Project Charter, where the initial business case is made; where the Proposed Solution is described, along with alternatives considered; and where the budget and resources are identified for the Project Planning (High Level)
Evaluate Project Charter, where the business case and proposed solution are evaluated for moving to Project Planning (High Level)
Select Project Charter, where a consensus is reached on the project’s feasibility and relative importance in comparison to other proposed projects, and a decision is formally made regarding the Project Charter
This guidebook does not include detailed information about the Evaluate Project Charter and Select Project processes, although they are covered in a general way.
The following diagram illustrates all of the processes and deliverables of Project Initiation in the context of the project management lifecycle.
Diagram: Processes, Tasks, and Deliverables for Project Initiation