The Project Initiation Document (PID) or Project Charter is the most important management artifact of the project as it gathers information from the previous stage, elaborates it, and puts it forward for approval as the contract for the project.
In The Critical Path, the PID is divided into several deliverables to make it more manageable:
- Project Detail - Background, scope, timing, budget, requirements
- Project Tolerances - Define 'flag' and 'halt' boundaries for six tracking criteria (budget, schedule, scope, benefits, risk, quality)
- Project Objectives
- Scope Management Plan
- Risk Management Strategy
- Configuration Management Strategy
- Quality Management Strategy
- Change Management Strategy
- Communication Management Plan
The PID is a living document, meaning that changes are appropriate as circumstances change. It is recommended that the PID be approved early in the project so that all changes can be controlled in the Change Request process.