Project Governance Does NOT Include

question 12

Multiple Choice

Project governance does NOT include

• A)Setting standards for project selection.
• B)Overseeing project management activities.
• C)Centralization of project processes and practices.
• D)Options for continuous improvement.
• E)Allowing project managers to plan the project the way they see fit.

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Definitions:

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choosing between two or more options.

Truck

A motor vehicle designed to transport cargo, with various types and sizes for different load capacities.

Car

A wheeled motor vehicle used for transportation, typically carrying a few passengers.

Opportunity Cost

The cost of forgone alternatives, or the benefits that could have been received by choosing the next best alternative.