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The project documentation (PID) is one of the most significant artifacts in project management, which provides the foundation for the business project.
The project initiation documentation bundles the information, which was acquired through the starting up a project (SU) and initiating a project (IP) processes in a PRINCE2 controlled project environment. PRINCE2's 2009 renaming "document" to "documentation" indicates a collection of documentation that has been collected up creating a project rather than all the information in the system.[according to whom?]
The project initiation document provides a reference point throughout the project for both the customer and the project team.
A project initiation document often contains the following:
- Project goals
- Scope
- Project organization
- Business case
- Constraints
- Stakeholders
- Risks
- Project controls
- Reporting frameworks
- PID sign off
- Summary
A project charter could be created instead of a project initiation documentation; the two document types are highly similar. But a project charter is less detailed, which makes it more suitable for cases in which content producers are less available.