How Does a Project Charter Help in Managing a Project

question 68

Multiple Choice

How does a project charter help in managing a project?

• A)defines project metrics very clearly so there is no scope for change midway through project execution
• B)helps make the project management process more informal and fosters greater collaboration
• C)tracks the progress of the project and sets benchmarks for the project team to achieve
• D)avoids unexpected surprises and leaves room for changes to meet organization's needs

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Definitions:

Wage

The fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.

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Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of that good that suppliers are willing to offer for sale.

Supply

The overall quantity of a particular product or service that is accessible to buyers.