Initiating Phase Part 1 Quiz

The Sponsor issues the....

• Project Charter

• Project Management Plan

• Project Schedule

• Project Statement of Work

The Project Charter does all but...

• Formally authorizes the existence of a project.

• Provides the Project Manager authority to apply organizational resources to project activities

• Creation of a formal record of the project

• Officially approves the change request

Answer explanation

The Project Charter

-Formally authorizes the existence of a project

-Provides the Project Manager authority to apply organizational resources to project activities

-Gives a well-defined project start and project boundaries

-Creation of a formal record of the project

-Way for senior management to formally accept and commit to the project

The Project Statement of Work references these 3 things:

• Strategic Plan

• Product Scope Description

• Work Breakdown Structure (WBS)

• Business Need

Answer explanation

Provides a narrative description of products, services, or results to be delivered by a project

Project Charter Details (List as many as possible)

Answer explanation

Project purpose/justification

Measurable project objectives and related success criteria

High-level Requirements

Assumptions and constraints

High-level project description and boundaries

High-level risks

Summary milestone schedule

Summary budget

Stakeholder List

Project Approval Requirements

What constitutes project success?

Who decides the project is successful?

Who signs off on the project?

Assigned project manager, responsibility, and authority level

Name and authority of the sponsor or other person(s) authorizing the project charter

Business Needs may include...

• Social Need

• Technological Advance

• Legal Requirement

• Customer Request

Answer explanation

Business needs may include:

Market Demand, Organizational need, Customer Request, Technological Advance, Legal Requirement, Ecological Impacts, Social Need