The Project Initiation Documentation (PID) - one of the most significant artifacts in project management, which provides the foundation for the business project.
PID bundles the information, which was acquired through the Starting up a project and Initiating a Project in a PRINCE2 controlled project environment. PRINCE2's 2009 renaming Document to Documentation indicates a collection of documentation that has been collected up creating a project rather than all the information in the system.
The Project Initiation Document provides a reference point throughout the project for both the customer and the Project Team.
A Project Initiation Document often contains the following:[[https://en.wikipedia.org/wiki/Project_Initiation_Documentation#cite_note-1]]
- Project Goals
- Project Organization
- Business Case
- Project Controls
- Reporting frameworks
- PID Sign Off
Project Charter document could be created instead of PID document, as implies significant similarities. Project Charter is less detailed and not suitable for detailed documents where we have resources to write.https://en.wikipedia.org/wiki/Project_Initiation_Documentation#cite_note-2