Project Authorization is a general process of verifying a proposed project for initiation and further development. This process aims to confirm that the project is feasible and cost-effective, so it can step through the initiation phase and proceed to the planning phase. It involves key stakeholders in review and analysis of the project to confirm this project is worth initiation.
As a process, project authorization carries out a series of activities. In general, these activities are:
- Propose the project. This activity involves identification and description of project goals, deliverables, benefits and impact. It creates a proposal request that is submitted to the sponsor and customer for review.
- Review the project. This activity aims to review the proposed project through analyzing its feasibility and cost-effectiveness.
- Approve/reject the project. The final activity is intended to generate a response to the proposal request and submit it to the development team. Such a response authorizes or rejects the project for initiation and further development.