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Chapter 2. Understanding Project Initiat... > Developing the Project Charter—Tools...

Developing the Project Charter—Tools and Techniques

After a decision is made to enter the initiation process for a project, the collection of input information begins. This is where the project boundaries can be a little unclear, but it is generally accepted that activities starting with the collection of inputs for initiation are part of the project. Remember that the project has not yet been authorized, so all resources required for the initiation processes must be funded explicitly by the project initiator. In other words, someone has to pay for the time required to produce the project charter.

It is entirely possible that the organization decides not to pursue a project after it sees the project charter. The project charter might show that the project will not be worth the resource expenditures. In such a case, the resources already expended to produce the project charter have actually saved the organization from wasting many more resources. Therein lies part of the value of project initiation.


  

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