Once a proposal for approval is approved and agreed to by the project's key stakeholders, it is known as the:
A) project initiation document.
B) project charter.
C) project sponsorship.
D) project plan.
E) project deliverables.

Question

Quizplus · Accepted Answer

Once a proposal for approval is approved and agreed to by the project's key stakeholders, it becomes the project charter, which formally authorizes the project and outlines its objectives, scope, stakeholders, and success criteria. The project initiation document (A) is prepared by the project manager to define the initial requirements and constraints of the project. Project sponsorship (C) refers to the support and involvement of senior management or an executive sponsor who champions the project. The project plan (D) is a detailed roadmap that outlines the tasks, timelines, resources, and budget required to meet the project objectives. Project deliverables (E) refer to the tangible or intangible outputs that the project will produce or achieve.

Once a Proposal for Approval Is Approved and Agreed to by the Project's