Which of the Following Statements Accurately Describes the Responsibilities Typically

question 39

Multiple Choice

Which of the following statements accurately describes the responsibilities typically associated with the development of the project charter?

• A) the project sponsor typically prepares the detailed first draft of the majority of the charter
• B) the project manager typically prepares the business case and scope overview
• C) the customer typically prepares and signs the charter
• D) the project manager and team typically prepare the majority of the project charter

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Definitions:

Firms Combined

Firms Combined typically refers to the merger or consolidation of two or more businesses to form a single combined entity, often aiming for operational efficiencies and expanded market share.

Separate Values

Separate Values pertains to distinctly evaluating different assets, liabilities, or components for financial, analytical, or assessment purposes.

Synergies

The additional value created by combining two or more companies or assets, expected to lead to greater efficiency or profitability.

NPV

Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.