Project Initation Document PID PJ0026 (14 pages)
Project Initiation Document is used for documenting the essential rationales for initiation and implementation of a project. The Project Goals are identified and defined through it. For instance, it is identified that:
- Why the project is undertaken?
- Why the implementation of project is necessary to achieve?
- What are the underlying factors that necessitate and require project implementation?
Similarly, the Scope of the project is also defined in this Project Management document, also represented as PID. Furthermore, the project organizations and individuals who are directly or indirectly related to the project are also identified. All the contributing factors are also located and regulated. The cost of the project and the underlying benefits of the project are also evaluated. In this regard, the most important section of PID is the identification of the stakeholders and entities that are responsible for successful initiation and implementation of the project. The responsibilities are elaborated and assigned to respective entities.
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