Project initiation
Project initiation establishes the project’s purpose, objectives, high-level scope, justification, governance and initial delivery arrangements. It develops sufficient understanding for an informed decision about starting or committing further resources. The level of detail should match the decision and uncertainty, with important assumptions and dependencies visible. Initiation is connected to planning but does not require every future detail to be known with certainty.
Worked example
Before replacing a booking system, an organisation identifies the service problem, compares options, appoints a sponsor and defines the first release and approval arrangements. More detailed planning follows once the initial direction is authorised.
Common mistake
Beginning implementation without a clear owner, justification and boundaries can create expensive commitments before key choices have been examined.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Supporting | September 2026–June 2027 |