The Project Charter Should Help the Project Team and the Project

question 33

Multiple Choice

The project charter should help the project team and the project sponsor to develop a common understanding of what the project is all about.All of the following items are elements of that common understanding EXCEPT:

• A) understanding how the project aligns with the goals of the organization
• B) understanding the detailed project schedule
• C) understanding project success measures
• D) understanding what is included and excluded

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Definitions:

Non-Strategic View

A perspective that does not involve long-term planning or consideration of competitive positioning.

Terms of Agreement

A set of conditions and stipulations agreed upon by parties entering a contract or negotiation.

Outside Options

Alternatives available to the parties involved in a negotiation or transaction if the current deal does not materialize.

Bargaining Power

The relative capacity of one party in a negotiation to influence the terms of an agreement.