A Project Initiation Document (PID) is a document that outlines the key objectives, scope, and initial plans
for a project. It is created during the project initiation phase and serves as a reference point for all stakeholders involved in the project.
The PID typically includes the following information:
- Project scope: Defines the objectives, goals, and deliverables of the project, as well as any constraints or limitations.
- Project organization: Outlines the roles and responsibilities of the project team and stakeholders, as well as the project governance structure.
- Project timeline: Provides an overview of the project schedule, including key milestones, deadlines, and dependencies.
- Project budget: Specifies the estimated budget for the project, including any funding sources and financial constraints.
- Project risks and issues: Identifies potential risks and issues that could impact the success of the project, and outlines plans to mitigate or manage them.
- Project quality management: Describes the quality standards and processes that will be used to ensure that the project deliverables meet the required level of quality.
The PID serves as a guide for the project team and stakeholders throughout the project lifecycle, providing a common understanding of the project objectives, scope, and plans. It is often used as a reference point for decision-making and as a basis for project reporting and monitoring.