👉 The initial phase of a project involves laying the foundational groundwork, which includes defining the project scope, setting clear objectives, and identifying key stakeholders. This stage also entails conducting a preliminary feasibility study to assess the project's viability, gathering initial resources and budget, and creating a detailed timeline. During this early stage, team members collaborate to establish a project charter that outlines the purpose, goals, and expected outcomes, setting the stage for more detailed planning and execution.