A Project Is Coming to the End of a Phase

question 448

Multiple Choice

A project is coming to the end of a phase. The PMO required that the quality team review the work and budget before moving on to the next phase of the project. The project manager must schedule the review of the phase and have the stakeholders present. This review is referred to as:

• A) change management.
• B) a milestone.
• C) a tollgate.
• D) an incident response.

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Definitions:

Monthly Basis

A regular interval or frequency of events or assessments occurring once every month.

Proving Accuracy

The process of ensuring that financial records and transactions are correct, precise, and free from error.

Cash Records

Documentation and tracking of all cash transactions, including receipts and expenditures, crucial for accurate financial reporting.

Accounts Receivable

Financial obligations of customers to a business for received goods or services awaiting payment.