During the execution of the initiate phase, and if our project environment requires us to have artifacts like a project charter (or inception deck), these artifacts are to be updated with key decisions, scope, initial release plans, cost, and whatever else that needs recording.
In conclusion To wrap up the Agile Initiate Project Phase, we have a few artifacts to produce to aid the downstream efforts in our product’s life-cycle. These include SMART goals (specific, measurable, actionable, relevant and time-bound), an initial backlog, release plan, project charter and the project’s definition of done.