Exam 4: Chartering Projects

The project charter serves as a formal legal contract between the project team and the project sponsor.

The milestone schedule in the project charter:

Project charters typically include all of the following elements EXCEPT:

Which of the following documents serves as an informal contract between the project team and the project sponsor?

Which of the following statements most accurately identifies the typical contents of the project charter?

Which section of the project charter signed by the sponsor,project manager and core team members typically describes decision authority and the expected commitment for each of these key persons?

Risks,assumptions and constraints are included in the project charter so that key participants will be aware of what could prevent them from successfully completing the project.

Charters used in different industries and in different companies have somewhat different elements.

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:

The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more detailed project planning stage.

A charter is used to quickly screen potential projects and to eliminate the poor choices.

Risks identified in the project charter include events that if they occur will have either a positive or a negative effect on a project's objectives

Which of the following charter elements defines the project purpose and serves as the project justification statement?

Describe and contrast the roles played by the project sponsor and the project manager with respect to the preparation of the project charter.

In a project charter,acceptance criteria:

Quality control standards are the criteria,including performance requirements and essential conditions,that must be met before project deliverables are accepted.

Within the project charter,the scope overview accomplishes all of the following EXCEPT:

The signing of the project charter signals the transition from the high-level project initiating stage into the more detailed project planning stage.

Project managers and teams should consider risks in the project charter for all the following reasons EXCEPT:

When developing the milestone schedule for the project charter it is helpful to identify relatively few milestones and key deliverables.