According to the PMBOK Guide, the Initiating Process Group consists of those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase.
* Purpose of Initiating: The primary goal is to align the stakeholders ' expectations with the project ' s purpose, give them visibility into the scope and objectives, and show how their participation in the project and its associated phases can ensure that their expectations are met.
* Key Processes: There are two core processes within this group:
* Develop Project Charter: The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
* Identify Stakeholders: The process of identifying the people, groups, or organizations that could impact or be impacted by a decision, activity, or outcome of the project.
* Outcome: Within the Initiating processes, the business case is reviewed, the project manager is usually assigned, and the initial scope is defined. Once the charter is approved, the project becomes " officially
" authorized.
Comparison with Other Options:
* Planning (B): This group consists of those processes required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives. It happens after the project has been defined and authorized in Initiating.
* Executing (C): This group consists of those processes performed to complete the work defined in the project management plan to satisfy the project requirements. It is the " doing " phase of the project.
* Closing (D): This group consists of those processes performed to formally complete or close the project, phase, or contract. It is the final stage of the project life cycle.