Laura has recently been assigned as project manager on a construction project that is currently in the initiating phase. During a board meeting Laura is asked to present the business case for her project. Instead, Laura presents the project charter. What is wrong with this approach?
A.) Nothing is wrong; the project charter can be presented in place of the business case
B.) The project charter should not be presented in place of the business case
C.) Only the relevant sections from the project charter should have been presented
D.) The board should not have asked Laura to present the business case
Question provided by The PM Exam Simulator: www.pm-exam-simulator.com
Answer & Explanation
Correct Answer: B)
Although the business case is used as an input to the Develop Project Charter process, a business case is a different document to a project charter. The project charter cannot be used as a substitute for the business case. The project manager should be very familiar with the business case in order to better manage the project and should understand the business case sufficiently to present it to an audience such as the board. Management Strategy needs to be updated, which is contained in the Stakeholder Management Plan.
Reference: PMI Code of Ethics and Professional Conduct, Honesty
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