Business plans are seldom obsolete and last throughout the lifecycle of a project.

Question

Quizplus · Accepted Answer

Business plans should be living documents that evolve as the project progresses and new information is obtained. As such, they may become obsolete and need to be updated or completely revised to reflect changes in the market, industry, or company. Therefore, it is not accurate to say that they last throughout the entire lifecycle of a project without any changes.

Business Plans Are Seldom Obsolete and Last Throughout the Lifecycle