Marcus Is Asked by Higher Management to Create a Document

question 58

Multiple Choice

Marcus is asked by higher management to create a document that provides a high-level description of a project that has not yet been approved. The document should describe the major deliverables of the project and should provide the financial and strategic justification for the project. In this scenario, Marcus needs to prepare a _____.

• A) project baseline
• B) RACI matrix
• C) work breakdown structure
• D) project charter
• E) contingency plan

---

Definitions:

Profitable Use

The effective and efficient utilization of resources or assets to generate maximum profit.

Special Order Units

Items that are produced or ordered specifically for a particular customer, which may have different pricing or costing compared to regular orders.

Annual Financial Advantage

The benefit gained in financial terms over the course of a year, which may result from increased revenues, decreased costs, or other financial improvements.

Regular Customers

Customers who repeatedly purchase goods or services from a business, showing loyalty and contributing to stable revenue.