A project ________ is a document composed of a set of project characteristics - costs, benefits, risks, etc. - that aid organizational decision makers in deciding what projects to work on.
A) plan
B) charter
C) contract
D) business case

Question

Quizplus · Accepted Answer

A business case is a document that outlines the justification for a project, including the potential benefits, costs, risks, and other factors that need to be considered before making a decision to move forward with the project. It is often used to help decision-makers determine whether a project is worth investing in and to prioritize projects based on their expected value. A project plan is a more detailed document that outlines the specific tasks, timelines, and resources needed to complete a project, while a project charter formalizes the project and authorizes its existence, providing the project manager with the authority to apply organizational resources to project activities. A contract, on the other hand, is a legally binding agreement between two parties that defines the terms and conditions of their relationship. While contracts may be used in project management to formalize agreements with suppliers or other stakeholders, they are not typically used to evaluate project proposals.

A Project ________ Is a Document Composed of a Set