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Introduction to Week 1: Initiation of a Project

Welcome to the World of Projects! This first week we will start to answer the following questions: How do we define and organize a project? What are the necessary activities that need to take place before a project gets started?

During week one you will gain an understanding of what a project is, what it isn’t, and why that matters. We’ll consider how projects are defined and a project’s three objectives. We will look at a model for examining a project’s organization and its stakeholders, and then analyze those stakeholders using a power/interest grid. We’ll look at the main reasons why many projects fail and then learn how to measure success. Finally, we will review the key stages in the project life cycle and highlight the important features of each stage.

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This article is from the free online course:

Fundamentals of Project Planning and Management

Darden School of Business, University of Virginia