Initiation 1.3 - Project Charter and Project Management Plan

Question 1

What does the Project Charter do?

Answer 1

The project charter documents the initial requirements that meet all stakeholders’ needs.

Question 2

Inputs of the Project Charter

Answer 2

Business Documents + Benefits Management Plan + Agreements

Question 3

What is the Business Case and who provides it?

Answer 3

The project sponsor or external customer usually provides a business case
explains why a project is justified from a business point of view.
identifies the business need a project will meet.
usually includes a cost benefit analysis to show that it’s worth investing in the project

Question 4

What is the Benefits Management Plan

Answer 4

outlines the benefits anticipated by the project

Question 5

Business documents, Agreements and benefits management plans are key inputs to what?

Answer 5

Project Charter

Question 6

What are Agreements?

Answer 6

Input for Project Charter. - The customer and performing define the basic goals for the project. An agreement may be a formal document, such as a contract, memorandum of understanding, service level agreements, or letter of intent. Or it may be informal, like an email or verbal agreement.

Question 7

What are the Outputs of the Develop Charter Process?

Answer 7

Project Charter and Assumptions Log

Question 8

What is the Project Charter?

Answer 8

• documents relevant project information, such as a description of the customers’ needs, the project’s purpose, a list of known risks, and a summary schedule and budget.
• enables the project team to plan a project according to stakeholder expectations and to fulfill a project’s objectives.
• input to the Develop Project Management Plan Process, in which a more detailed project management plan is created

Question 9

What is an input to the Develop Project Management Plan process?

Answer 9

The Project Charter

Question 10

What is the Assumptions Log?

Answer 10

Used to record assumptions and constraints throughout the project.

Question 11

The Project Management Plan define, integrates and coordinates what subsidiary plans?

Answer 11

• scope,
• schedule,
• cost,
• quality,
• resource,
• communications,
• risk,
• procurement,
• and stakeholder management plans.

Question 12

The Project Management plan defines the ways a project team should…?

Answer 12

execute, monitor, control, and close a project. it’s a process that is repeated throughout the other process groups.