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PMP Exam Cram™ 2 by Greg Horine, David Francis

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PROJECT INITIATION

  1. Initiation is the first step in the scope management process.

  2. Initiation formally authorizes a project to begin or to continue to the next phase.

  3. Initiation formally links a project to the work and to the strategic objectives of the organization.

  4. Someone external to the project team and higher up in the organization must issue the project charter.

  5. The project charter gives the project manager authority to “get the job done.”

  6. The project charter establishes the targets for the project.

  7. A signed contract can serve as a project charter.

  8. The two types of project selection methods are benefit measurement methods and constrained optimization methods.

  9. Management by Objectives (MBO) supports project initiation by linking projects to corporate ...

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