Get the Right Start for a New Project with Project Initiation Checklist

Kickstarting a new project is a challenging task because it decides the success of your project. Before project initiation checklist, you need to consider various aspects ranging from preparing the scope to estimating the costs and delegating tasks to create a defining timeline. Simply put, all the key performance indicators (KPIs) need to be considered before initiating the project. 

Without making a framework for initiating the project, it is possible that all the necessary tasks remain pending. Let’s go through the key reasons why we should make a project initiation checklist. These reasons apply to the project initiation using either waterfall methodology or agile approach. 

Key Reasons Why You Need Project Initiation Checklist

Creating a checklist for project initiation can establish a strong foundation for successful project completion. Here are the key benefits of a project initiation checklist-

– It acts as a project charter that the project manager can use to keep all the team members and stakeholders on the same page during and after project initiation

– It can reduce the chances of miscommunication significantly and enable the team to ensure that all the necessary tasks are fulfilled on time while meeting expectations

– Project objectives are set at the initiation phase that assists the company to minimize operational costs and maximizing the benefits while delivering the real value

While creating a project initiation checklist, three factors are considered- they are capacity, team capability, and stakeholders. It is fair to mention that a project stands on three legs- time, quality, and cost. It is necessary to consider these three aspects to ensure successful project accomplishment.  

After going through the importance of the project initiation checklist, we will dig deep into aspects that you should consider including in the list. In other words, we will look at the objectives of the project initiation phase. 

Project Initiation Checklist Inclusions

The project initiation checklist includes a step-by-step process to initiate the first phase of a project. Let’s go through the steps to build an effective project initiative checklist. 

1. Define Objectives

It all starts with defining objectives because, without well-defined objectives, the project cannot exist. The predetermination of objectives can assist your team to strive for achieving a common goal. It also involves the scope of the project and helps your company improve the morale of employees. 

Also Read- The Ultimate Guide on How To Prioritize Work

2. Identify Associated Risks

As stated by Murphy’s Law, if something can go wrong, it will go wrong. Managers and stakeholders can find out risks associated with the project before initiating it to ensure a smooth project execution. A SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis can assist the enterprise or company to focus on the weaknesses of the project team and eliminates threats for the project. 

3. Make a List of Tasks

This is the third important step to consider before initiating the project. It is fair to mention that the project can have more chances to get success if all the necessary tasks are broken down into smaller subtasks. A good project initiation checklist has included all these tasks with a brief description. It can also help managers to identify all the tasks that need priority, which can be easily tracked by a robust task management tool after project initiation. 

4. Select Suitable Tools

Various tools are available to ensure the flawless execution of the project. These tools include a project tracker tool, communication tool, and other project-specific tools. For example, the software project requires a coding environment and a toolkit for software testing. It is better to include a list of such selected tools in the project initiation checklist. 

5. Delegate Tasks

Task delegation is a crucial step after making a list of tasks. A team task management tool can show you the real-time situation of resources and their availability. You can also go through the skills of resources before assigning them various tasks. A task management tool also shows the status of various tasks in real-time so that you can either assign some tasks to other available resources to meet the deadlines if necessary. 

6. Set KPIs

Merely defining objectives and identifying tasks are not sufficient, it is also necessary to set parameters or KPIs that can give tangible measures for the project’s progress. You can align KPIs with the project’s goal and measure them at regular intervals using project management software. The software can also enable project managers to monitor the project in real-time. In a way, setting KPIs and regular monitoring of the project should be parts of a project initiation checklist. 

Concluding Lines

Project management is a challenging task and there is no scope to leave anything. It is imperative to consider both internal and external factors to ensure project success, and therefore, you should make a project initiation checklist before beginning the project. A project initiation checklist can prepare your teams thoroughly for the rest of the project. It covers goals, risks associated with the project, and tasks for successful project completion. 

TaskOPad is a robust and reliable project tracker tool. It can help enterprises monitor and manage all sizes of projects efficiently. Do you want a demo of TaskOPad? Simply send us an email at info@taskopad.com. You can also register for a 15-day free trial, and we will arrange it for you. Switch to TaskOPad and track your project efficiently, today!