Page 203 - E2 Integrated Workbook STUDENT 2018
P. 203

Managing projects




               4.5   Project initiation document (PID)

               A project initiation document (PID) is a reference document produced at the outset of
               a project – at the end of the initiation stage. There are two primary reasons for having
               a PID.


                    For authorisation by the project steering committee or project board

                    To act as a base document against which progress and changes can be
                     assessed.


               A project initiation document (PID) should contain at least the following
               sections:


                    purpose statement – explains why the project is being undertaken

                    scope statement – puts boundaries to the project by outlining the major
                     activities

                    deliverables – tend to be tangible elements of the project, such as reports,
                     assets and other outputs


                    cost and time estimates – it is a good idea for the project team to have some
                     feel for the organisation’s expectations in terms of the project budget

                    objectives – a clear statement of the mission, CSFs and milestones of the
                     project


                    stakeholders – a list of the major stakeholders in the project and their interest
                     in the project


                    chain of command – a statement (and diagram) of the project organisation
                     structure.





























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