A critical step that must be taken before the project moves to Project Planning Phase is to appoint a Sponsor. It may very well be that the Initiator is to become the Sponsor but it should be agreed now as to who is going to be the Sponsor. The Sponsor is responsible for providing resources (money and physical resources) to the project. They are the person who will champion the project and provide support at senior levels. Ultimate responsibility for the outcome rests with this person.
Before moving to the next phase, the Sponsor should review
the work undertaken in this phase to ensure it is complete
and accurate. They should give written sign off to the project
- or potential project - to move to the next stage.