The Project Management Process Online Template demonstrates The entirety of a project's life cycle. To approve, postpone, or cancel a new project depends on how well the team does during the Project Initiation Phase. The primary purpose of the Initiation Phase is to establish a shared understanding of the project's success criteria among all stakeholders and project teams. As early as possible in the project's lifecycle, both internal and external stakeholders should be involved to maximize the likelihood of success. By doing so, you can better align expectations and increase the likelihood of completing all deliverables throughout the project management life cycle.
