Purpose of Initiating a Project

C.

The purpose of the initiating a project process is to ensure that a project is well-defined and has a solid foundation before proceeding with its execution. This process is the first stage of the project management life cycle and involves the following key activities:

1. Determine project feasibility: The first step is to determine if the project is feasible and worthwhile to undertake. This includes identifying and analyzing the business case, determining the project goals and objectives, assessing the resources required, and identifying potential risks and constraints.

2. Establish project team: Once the feasibility of the project has been established, the project team is formed. This includes identifying the key stakeholders, defining their roles and responsibilities, and establishing the project governance structure.

3. Develop project charter: The project charter is a document that formally authorizes the project and outlines its purpose, goals, scope, constraints, risks, and assumptions. It also identifies the project sponsor, project manager, and key stakeholders.

4. Identify high-level requirements: The project team identifies and documents the high-level requirements for the project. This includes defining the project scope, identifying the major deliverables, and developing a preliminary project timeline.

5. Define project approach: The project approach is determined based on the project goals, scope, and constraints. This includes deciding on the project methodology, determining the project management processes and procedures, and developing the project management plan.

Overall, the purpose of initiating a project is to ensure that there is a clear understanding of what the project will entail, why it is being undertaken, who will be involved, and how it will be executed. This helps to establish a solid foundation for the project and sets the stage for its successful execution. Option A, "To decide if it is worthwhile to initiate a project," is partially correct, but it does not encompass the full purpose of initiating a project. Option B, "To decide on the project approach," is also partially correct, as this is one of the key activities involved in initiating a project. Option C, "To establish solid foundations for a project," is the most comprehensive and accurate answer, as it encompasses all of the key activities involved in initiating a project. Option D, "To identify the number of work packages required," is incorrect, as this activity is typically performed during the planning phase of the project management life cycle.