02 - Project Initiation - The Key to Project Success
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02 - Project Initiation - The Key to Project Success
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About this listen
Every successful project begins with a solid foundation. Without a clear purpose, well-defined objectives, and strong stakeholder alignment, projects can easily become misaligned, leading to scope creep, resource wastage, and potential failure. The Initiation Phase is the first and one of the most critical stages of project management. It defines the project’s purpose, establishes key players, and ensures that everyone involved is working toward a common goal.
By the end of this lesson, you will:
✅ Understand the significance of the Project Initiation Phase
✅ Learn how to develop a strong business case
✅ Explore the components of a Project Charter
✅ Recognize the importance of stakeholder identification and engagement
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