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PK0-005 · Question #260

In the initiation phase, a PM is reviewing the objectives, the high-level requirements, the success criteria, and the budget resources. Which of the following action items will benefit from this…

The correct answer is B. Identifying and assessing stakeholders. During initiation, reviewing objectives, high-level requirements, success criteria, and budget helps the PM determine who has an interest in or influence over the project - in other words, identifying and assessing stakeholders. Stakeholder identification depends on…

Project Life Cycle Phases

Question

In the initiation phase, a PM is reviewing the objectives, the high-level requirements, the success criteria, and the budget resources. Which of the following action items will benefit from this analysis?

Options

  • ADeveloping a RACI
  • BIdentifying and assessing stakeholders
  • CAssigning project resources
  • DEstablishing communication channels

How the community answered

(35 responses)
  • A
    3% (1)
  • B
    86% (30)
  • C
    3% (1)
  • D
    9% (3)

Explanation

During initiation, reviewing objectives, high-level requirements, success criteria, and budget helps the PM determine who has an interest in or influence over the project - in other words, identifying and assessing stakeholders. Stakeholder identification depends on understanding what the project is trying to achieve and what resources are involved. A RACI, resource assignment, and communication channels come later and require the stakeholder list to already be established.

Topics

#Project initiation#Stakeholder identification#Project phases#PM activities

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