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What does the word initiatives mean?

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li hao None Company China, Mainland
What does the word initiatives mean?

"Initiatives: The portfolios, programs, and projects created to deliver a strategic objective."
What does the word "initiatives" mean in this sentence?

Which description is more accurate?
(1)an act or strategy intended to resolve a difficulty or improve a situation; a fresh approach to something?
(2)the power or opportunity to act or take charge before others do?
(3)the ability to assess and initiate things independently?
(4)the right of citizens outside the legislature to originate legislation?
Initiatives is equal to the projects?
Which of the following words is closer to the exact meaning of this word?
plan, scheme, measure, proposal, step, action, approach,
self-motivation, resourcefulness, inventiveness, imagination, ingenuity, originality, creativity, drive, dynamism, ambition, motivation, spirit, energy, vision, get-up-and-go, pep, moxie, spunk, gumption,
Would you please give me a better explanation?

thank you very much
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Aaron Porter
Community Champion
IT Director| Blade HQ Payson, UT, United States
These are my definitions; thank the english language for a word that is both an adjective and a noun.

Adjective: self-motivation
Noun: an organized attempt to accomplish an objective

You need initiative to accomplish some initiatives... Not confusing at all, right?
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