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Highlights of Initiation Phase Project Mission and Objective Project Background Project Objective (Client) Critical Success Factor Exclusions Key milestones Constrain HP Objectives Risk Management begins in the Initiation Phase and continues throughout the other phases: Sales team completes Risk and Opportunity Analysis Model (ROAM) Stresses value of formalized risk assessment process versus gut feeling Stresses control and profitability Good decision: Improved win/loss ratio No bad projects! Highlights of Initiation Phase(Continued) The Project Manager: Is assigned early in the process Reviews sales information on client and project Creates Project Mission and Objectives Develops Bid Plan Recommends next step May have an additional project review with client Highlights of Initiation Phase (Continued) As input to Phase 1, the Sales Team: Develops sales vision Conducts client evaluation Qualifies the Client: - Finds assurances that client can afford the solution - Determines whether client vision is compatible with HP mission Develops initial risk analysis (ROAM) Highlights of Initiation Phase (Continued) 1 out of 10 projects progress from Initiation Phase to Planning and Proposal Phase 3 out of 4 projects in the Planning and Proposal Phase progress to the Selection Phase 4 out of 5 projects in the Selection Phase progress to the Implementation Phase Success Story: UK HP Consulting Overview of Initiation Phase Key Decisions Review Points Selection of Project Manager (1.1.1) Bid Recommendation (1.4.1) Quality Review of Engagement (1.3) 1.0 INITIATION 2.0 PLANNING AND PROPOSAL 3.0 SELECTION 4.0 IMPLEMENTATION 5.0 WARRANTY 6.0 SUPPORT Activities 2.1 Prepare Technical Solution 2.2 Develop Project Scope Statement and WBS 2.3 Develop Project Schedule 2.4 Establish Project Resource Requirements 2.5 Develop Project Risk Management Plan 2.6 Develop Ad
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