Project initiation documentation

The project initiation documentation (PID) is one of the most significant artifacts in project management, which provides the foundation for the business project. The project initiation documentation bundles the information, which was acquired through the starting up a project (SU) and initiating a project (IP) processes in a PRINCE2 controlled project environment. PRINCE2's 2009 renaming "document" to "documentation" indicates a collection of documentation that has been collected up creating a project rather than all the information in the system. The project initiation document provides a reference point throughout the project for both the customer and the project team. A project initiation document often contains the following: Project goals Scope Project organization Business case Constraints Stakeholders Risks Project controls Reporting frameworks PID sign off Summary A project charter could be created instead of a project initiation documentation; the two document types are highly similar. But a project charter is less detailed, which makes it more suitable for cases in which content producers are less available. The project initiation documentation is a PRINCE2 term representing the plan of approach in project management. It is assembled from a series of other documents, including the business case, the terms of reference, the communication plan, the risk register, the project tolerances, the project plan, and any specific project controls or inspections as part of a departmental quality plan or common project approach. The project initiation documentation represents a detailed version of the basic project start-up document called the project brief. The project initiation documentation bundles together documentation to form the logical document that brings together all of the key information needed to start and run the project on a sound basis. It should be conveyed to all stakeholders and agreed and signed off by the business sponsors. In short, this is the, "who, why, and what", part of the project.