Common Pitfalls in Project Initiation and How to Address Them
The article outlines typical mistakes made during the project initiation phase—such as missing proposals, inadequate feasibility studies, and undefined scope—and then details the essential feasibility study components, four prerequisite processes, and a step‑by‑step workflow to ensure a solid project launch.
Common Pitfalls in Project Initiation
Missing or incomplete project proposal.
No detailed feasibility study conducted.
Feasibility study lacks required content.
Feasibility assessment performed by the project team itself.
Kick‑off meeting held without endorsement from key decision‑making leaders.
Failure to identify all critical stakeholders, leading to hidden objections and project delays or suspension.
Absence of a clear, signed scope agreement from all key stakeholders.
Pre‑project product research not performed, resulting in discovery of “pseudo‑requirements” and wasted resources.
Essential Elements of a Project Feasibility Study
Investment necessity.
Technical feasibility.
Financial feasibility.
Organizational feasibility.
Economic feasibility.
Social feasibility.
Risk factors and mitigation measures.
Four Mandatory Processes Before Project Approval
Opportunity research.
Preliminary feasibility study.
Detailed feasibility study.
Evaluation and decision making.
Main Steps of a Feasibility Study
Define project scale and objectives.
Analyze existing systems.
Build a logical model for the new system.
Derive and evaluate alternative solutions.
Recommend a feasible solution.
Draft the feasibility study report.
Submit the feasibility study report.
Lisa Notes
Lisa's notes: musings on daily life, work, study, personal growth, and casual reflections.
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