Start Up Health Check
Starting Up a Project ...
... is the stage where the project is being prepared. In this proces you'll examine whether it makes sense to start a project.
In practice this is a short, sharp stage, where the project manager cooperates intensively with corporate management of the business executive (if appointed).
Starting Up has as trigger a given project mandate. The result of this stage is a project brief.
In this process the project team is appointed and a project brief (describing, in outline, what the project is attempting to achieve and the business justification for doing so) is prepared. In addition the overall approach to be taken is decided and the next stage of the project is planned. Once this work is done, the project board is asked to authorize the next stage, that of initiating the project.
Source: http://en.wikipedia.org/wiki/PRINCE2 and http://nl.wikipedia.org/wiki/prince2 (translated)
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