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Describe the Project Initiation process. Provide 3 reasons why projects are initiated.What is a Project Scope statement? Why is it important? What is the purpose

Describe the Project Initiation process. Provide 3 reasons why projects are initiated.What is a Project Scope statement? Why is it important? What is the purpose of a Work Breakdown Structure/Workplan? Define its components - phases, deliverables, milestones, and dependencies.Who are the stakeholders in a project? What are their contributions to requirement development?

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