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Project Initiation Document

   

Added on  2022-11-30

13 Pages3976 Words249 Views
Leadership Management
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PROJECT INITIATION
DOCUMENT
Project Initiation Document_1

Table of Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
BACKGROUND.....................................................................................................................................3
PROJECT DEFINTION..........................................................................................................................3
PROJECT TOLERANCES.....................................................................................................................4
PROJECT CONTROLS..........................................................................................................................4
INITIAL BUSINESS CASE....................................................................................................................4
INITIAL PROJECT PLAN.....................................................................................................................5
PROJECT ORGANISATIONAL STRUCTURE....................................................................................5
COMMUNICATON PLAN....................................................................................................................6
PROJECT QUALITY PLAN..................................................................................................................6
CUSTOMER QUALITY EXPECTATION.............................................................................................6
CONCLUSION...........................................................................................................................................6
REFERENCES............................................................................................................................................7
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INTRODUCTION
Project initiation document is refer to that type of document which defines project scope,
overall success criteria, management so that team can go back to the project. It reflects basic
information about whole project that creates an outline for competing it in an efficient manner. It
is essential to guide external stakeholder related to internal activities(Mahonand et. al., 2020).
This project is based on model an organisation that is a Stock Not obsess boutique. This firm will
deal in several different categories such as edible non-perishables, edible perishables, clothing,
home wares etc. This report includes project definition, tolerances, controls, initial business case,
project plan, organisation structure, communication plan, and customer quality expectation. All
these are indulge to develop project initiation document that gives successful results to business
firm in their long term survival.
MAIN BODY
BACKGROUND
Business plan case is to be developed during the early stage of project that outlines what,
why, who and how necessary to take decisions for continuing the project. It is very essential to
develop a business case because it helps in defining problems that were constructing under
project, cost and timescale that are needed to complete the project. Investment appraisal that is
essential to start and finish the project. in this project manager plan interviews to collect required
information from stakeholders that are essential for collecting information so that further other
task are to be attained on time. This case study is based on Stock Not Obsess Boutique
organisation that deals in different product categories to attract customers and retains them for
longer period of time. This case study is based on focusing on web experience at the COVID 19
time so that number of customers is buying products and services. To start web business Nigiel
and Tuff focus on preparing business case so that it provide beneficial rewards to company
sustainability in competitive marketplace.
PROJECT DEFINTION
Project is defines as a sequence of task that is used to completed or achieve specific
outcome. It represents as an effort to create and modify particular product or service(Nicholas
Project Initiation Document_3

and Steyn, 2020). Projects reflect temporary work efforts that show clear beginning and end. In
terms of Stock Not obsess boutique this project helps in developing business case to sustain in
market to longer time period.
The objective of project is to attract number of customers via web business where they
make payments through online medium that is termed as contactless payment.
The milestone of project is based on approvals of different stakeholders to implement
new business strategy for attracting profitable results. In terms of Stock Not Obsess Boutique
organisation, stakeholders are mainly owner that are Nigiel and Tuff and both approved web
business idea for enhancing visibility of stores and earning profits.
The project constraint’s is based on cost that was incurred while completing the particular
project. Hence, to complete this project the cost is around $50000.
PROJECT TOLERANCES
It provides boundary for the particular area of project in which an individual person or
company make changes a without taking approval from project sponsor. In terms of Stock Not
obsess boutique it is essential to get successful results so that profitability results are enjoyed.
The time of completing this project is around one month in which an organisation needs
to expect 100 visits from the store that helps in encouraging towards earning more and more
profits.
In this scale tolerance is reflected that particular business firm highly focuses on
essential and non-essential items that are highly needed with in pandemic situation so that they
get more revenues within small period of time.
The importance of this particular project is to completing the targets in systematic
manner so that organisation will attain profitable outcomes.
The risk that was faced by Stock not obsess boutique is leaking information by doing
business via web. In completing the project they also face the issue of small amount of funding
and time.
Project Initiation Document_4

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