Page 6 - Introduction to IT Project Management Framework
P. 6


                    Identification                                Planning                                     Closeout

                                             Initiation                                Execution &

               • Its primary objective is to determine whether a proposed IT project should be undertaken.

               • Activities of this phase involve identifying solutions and providing recommendation based on the
                  analysis of cost and benefits for each possible solution.

               • By the end of this phase, a project proposal will be developed.

               • A project sponsor evaluates it and determines if the project should be undertaken. Projects
                  receiving formal sponsorship progress to the next phase of the life cycle.

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