In: Operations Management
Formal approval of the Business Case is required from the executive to ensure there is senior management commitment to the project. This approval is part of? | |
A | Starting up a Project |
B | Initiating a Project |
C | Directing a Project |
D | Managing Product Delivery |
A | Senior User |
B | Project Executive |
C | Senior Supplier |
D | Project Assurance |
Which of these PRINCE2 roles needs to ensure the desired project outcome is specified? | |
A | Senior User |
B | Project Executive |
C | Senior Supplier |
D | Project Manager |
Who is responsible for communicating the Project Mandate? | |
A | Project Manager |
B | Project Executive |
C | Corporate Management |
D | Project Support |
Which is a type of risk response for a threat? | |
A | Denial |
B | Fallback |
C | Pending |
D | Reject |
1. Formal approval of the Business Case is required from the executive to ensure there is senior management commitment to the project. This approval is part of?
Formal approval of the Business Case is required from the executive to ensure there is senior management commitment to the project. This approval is part of directing a project. Directing a project is all about making the senior management as well as overall team accountable for the project. The formal approval of the business case states that the executive has gone through the project and has affirmed for its implementation.
Answer: Option C
2. Which of these PRINCE2 roles needs to ensure the desired project outcome is specified?
The senior user needs to ensure the desired project outcome is specified and it gets achieved by the project design and implementation. The senior user is required to facilitate the project and monitor that it is being executed on track.
Answer: Option A
3. Who is responsible for communicating the Project Mandate?
Corporate or Programme Management is required to develop and provide the project mandate. This project mandate is communicated to the team by the corporate management.
Answer: Option C
4. Which is a type of risk response for a threat?
Denial is a type of risk response for a threat. There are primarily 4 ways in which a project team can respond to a threat – denial, accept, mitigate or transfer. Denial or avoidance is the way project management responds if the threat is not that severe and will not have severe impact on the project.
Answer: Option A