A(n)____ Is a Document That Formally Recognizes the Existence of a Project

question 62

Multiple Choice

A(n) ____ is a document that formally recognizes the existence of a project and provides direction on the project's objectives and management.

• A)balanced scorecard
• B)business case
• C)net present value analysis
• D)project charter

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Definitions:

Maximum Output

The highest level of production that a company can sustain with the current resources and technologies.

Capacity

The throughput, or number of units a facility can hold, receive, store, or produce in a period of time.

Demand

The quantity of a product or service that consumers are willing and able to purchase at a certain price.

Lead

The initiation or start of a project or process, or the advantage or interval by which someone or something is ahead in a competition or race.