IT Project Management: Feasibility Studies and Team Assembly

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Questions and Answers

What is the primary purpose of a Project Charter?

To assemble the project team and tools

To identify key stakeholders and pitch the project

To conduct an ongoing progress review of the project

To provide a short, succinct explanation of the project's objectives and scope (correct)

What is the main objective of a Feasibility Study in the project initiation phase?

To establish the project's budget

To assess the project's likelihood of success (correct)

To create a detailed project schedule

To identify key stakeholders and their roles

What is the purpose of creating a Business Case in the project initiation phase?

To identify the project team members and their roles

To conduct a feasibility study

To establish the project's timeline

To demonstrate the project's business value and benefits (correct)

What is the primary objective of Step 1 in the Project Initiation process?

To create a project charter or business case Signup and view all the answers

What is the main focus of the Project Initiation phase?

To define the project's objectives and scope Signup and view all the answers

What is the primary role of key stakeholders in the project initiation phase?

To provide approval for the project to proceed Signup and view all the answers

What is the purpose of assembling the project team and tools in the project initiation phase?

To prepare the project team to execute the project Signup and view all the answers

What is the primary outcome of a successful project initiation phase?

A clear project scope and objectives Signup and view all the answers

What is the primary benefit of creating a project charter or business case?

To demonstrate the project's business value and benefits Signup and view all the answers

What is the primary objective of the project initiation phase?