Initiative

Initiatives are organizational programs or projects to develop new capabilities

According to PMI a project is a

temporary endeavor undertaken to create a unique product, service or result. A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources.

And a program is a:

group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually

Lifecycle of an Initiative:

1. Initiation

2. Planning

3. Execution

4. Closing

Following table contains a list of information about initiative:

Field	Type	Description
Name	String	Unique name of Initiative
Short Description	String	Summary information
Long Description
Type	List of values
Line of Business	List of values
Size	List of values
Status	List of values
Start Date	Date
End Date	Date
Percent Complete	Percentage
Budget	Amount
Lifecycle Stage	List of values
Risk Assessment	Score 1-10
Risk Assessment Date	Date
Complexity Score	Score 1-10
Complexity Assessment Date	Date
Business Value Score	Score 1-10
Business Value Assessment Date	Date
Parent Initiative	Id
scope	Text Area
Vision	Text Area
Objectives	Text Area
Summary	Text Area
Project Manager	Drop down