Final answer:
During the project initiation phase, the initial groundwork for a project is laid out.
Step-by-step explanation:
This phase involves defining the project's purpose and goals, ensuring there is a clear understanding of what the project aims to achieve. It also includes preparing a project proposal that starts with identifying a problem and then proposing a solution, thereby establishing the necessity of the project.
Key actions include the creation of a project charter or a project initiation document that officially authorizes the work and outlines the objectives, key stakeholders, and the project manager's authority level. This phase sets the vision of the project and is crucial for getting all stakeholders on the same page before moving ahead to detailed planning and execution.