Why is a Project Initiation Document so important?The Project Initiation Document (PID) defines all major aspects of a project and forms a base for its management. PID also serves as the key input for the evaluation of a project’s overall success. It is primarily used to:
- Ensure everyone with an interest in the project knows what to do, when events will happen, who will be involved and how the project will be executed and managed
- Ensure a baseline exists for project progress and decision making associated with status, changes, management of issues and determining ongoing viability of the project.