While initiating a project a project manager may often perform a project assessment based upon available information, lessons learned from previous projects, and meetings with relevant stakeholders in order to:

a. validate project alignment with organizational strategy and expected business value

b. support the feasibility of new products or services within the given assumptions and constraints

c. ensure a common understanding of the project’s key deliverables, milestones and stakeholder roles and responsibilities

d. ensure stakeholders are in agreement with the project charter