The Project Initiation Documentation (PID) is one of the most significant artifacts in project management, which provides the foundation for the business project.
PID bundles the information, which was acquired through the Starting up a project and Initiating a Project processes in a PRINCE2 controlled project environment. PRINCE2's 2009 renaming Document to Documentation indicates a collection of documentation that has been collected up creating a project rather than all the information in the system.
The Project Initiation Document provides a reference point throughout the project for both the customer and the Project Team.
A Project Initiation Document often contains the following:
Project GoalsScopeProject OrganizationBusiness CaseConstraintsStakeholdersRisksProject ControlsReporting frameworksPID Sign OffSummaryA Project Charter could be created instead of a PID; the two document types are highly similar. But a Project Charter is less detailed, which makes it more suitable for cases in which content producers are less available.
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