Project initiation is the first phase of a project management process, where the project's feasibility and value are assessed. This stage involves defining the project's objectives, scope, and stakeholders, ensuring that everyone understands the project's purpose and goals. Key documents, such as the Project Charter, are created to outline the project's vision and secure approval from stakeholders. During project initiation, a preliminary analysis is conducted to identify potential risks and resources needed. This phase sets the foundation for planning and execution, helping to align the project with the organization's strategic goals. Effective communication and collaboration among stakeholders are crucial for a successful start.