Why Six Tips for Success of Your First Entrepreneurial Project. The majority of people start a business within the industry they’re already well-familiar with. The problem, however, lies in the fact that this gives them a lot of false confidence when it comes to running a new business startup.
Each phase of project management has a distinct purpose, importance, and set of outputs designed to ensure that the project manager is moving the project towards the desired results. The first phase is Project Initiation.