Project Vision Statement

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A vision statement is usually made during the very early stages of a project, in the Conception and Initialization phase. It is often a part of the project charter process, which also includes elements such as project description, assumptions and requirements.  
 
A vision statement is usually made during the very early stages of a project, in the Conception and Initialization phase. It is often a part of the project charter process, which also includes elements such as project description, assumptions and requirements.  
 
A vision statement is applied and included in a project as early as possible, in order to create a common focus and define the end goal from the very beginning.  
 
A vision statement is applied and included in a project as early as possible, in order to create a common focus and define the end goal from the very beginning.  
<ref>https://www.smartsheet.com/blog/demystifying-5-phases-project-management<references/>
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<ref>https://www.smartsheet.com/blog/demystifying-5-phases-project-management<ref/>
  
 
This will limit the confusion of the project team as they will work towards a common goal and not several objectives in different directions of each other.  
 
This will limit the confusion of the project team as they will work towards a common goal and not several objectives in different directions of each other.  

Revision as of 15:49, 22 February 2019

Abstract/Summary

A Vision Statement is a description or declaration of what an organization/project team wants to obtain or accomplish in the future. A Project Vision Statement is used as a road map for projects, pinpointing where it should be heading and what the ultimate goal and vision is. It can be a guidance for employees, as well as give inspiration and motivation. Typically, a Project Vision Statement is part of the earliest phases of a project. Often is part of the Conception and initialization phase. A Project Vision Statement should be: concise, clear, oriented towards the future, time-bound, hold many possible solutions, challenging, motivating and inspiring. In this article an example related to the NASA Apollo program is presented, as well as an example from the American automaker Tesla. All organizations and projects can use and benefit from having a vision statement. There are several benefits from having a vision statement. These include motivation and guidance of project teams, as well as inspiration for both internal and external project stakeholders. It is however important that the Project Vision Statement is communicated to all members of a project, as well as changes made to it while the project is underway. The briefness of the statement also means that it does not contain details about how the project is planned, the teams working on the project or how the project is financed.

The Big Idea

A Project Vision Statement is a description or declaration of what an organization/project team wants to obtain or accomplish upon the completion of a project. While the vision is the grand idea, the vision statement is a clear and concise announcement and description of the big picture. It usually consists of only a few sentences, but still highlights the end goal. The purpose of a Project Vision Statement is to show the direction of the project and define the criteria of success. Furthermore, is it to motivate, engage and inspire the project team working on the project, as well as the projects different stakeholders.

Application

According to the PMI standard, there are 5 phases of project management (Figure 1).

These include:
Figure 1. The 5 phases of Project Management
  • Conception and Initialization
  • Definition and Planning
  • Launch or Execution
  • Performance and Control
  • Project Close

A vision statement is usually made during the very early stages of a project, in the Conception and Initialization phase. It is often a part of the project charter process, which also includes elements such as project description, assumptions and requirements. A vision statement is applied and included in a project as early as possible, in order to create a common focus and define the end goal from the very beginning. Cite error: Closing </ref> missing for <ref> tag

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