Which of the following best describes the main purpose of project initiation?
Managing changes to the project scope
Defining detailed project schedules and budgets
Approving final project deliverables
Formally authorizing a project and identifying stakeholders
The main purpose of project initiation is to formally authorize a project and identify its stakeholders. In this phase, the project charter is developed, which provides the project's objectives, scope, and participants, and serves as an agreement between the project sponsor and the project manager. Defining detailed schedules and budgets occurs during the planning phase, approving final deliverables is part of project closing, and managing changes to scope happens throughout the project but is not the main purpose of initiation.
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