Some Organizations Rely Upon a Formally Constituted Group of Stakeholders

question 7

Multiple Choice

Some organizations rely upon a formally constituted group of stakeholders to review,evaluate and approve changes to the project. This group is typically known as a:

• A) stakeholder review board.
• B) change control board.
• C) project evaluation committee.
• D) steering committee

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Definitions:

Dollar Amount

The value of something measured in units of currency, specifically U.S. dollars.

Preferred Stock

A class of stock that provides a specific dividend that is paid before any dividends are paid to common stock holders, and which typically has priority over common stock in the event of a liquidation.

Common Stock

A form of corporate equity ownership, representing a claim on a portion of a company's profits and a right to vote on some corporate decisions.

Capital Stock

The total amount of stock that a company is authorized to issue, representing ownership in the company.