Pls Answer this Q'n..!

Submitted by maheshgonuguntla on Tue, 10/08/2013 - 04:49

 You are the project manager for the Silver project. You have been brought on to this project in the very early stages and you have been asked to write the charter for it. Over the past 10 days you have met with a number of stakeholders, received their input and you are now ready to have the charter signed. You have the charter in your hand and you are leaving your office. Who will you go see for the signature?

A.) The Portfolio Manager
B.) The Chief Executive Officer of your company
C.) All Project Stakeholders
D.) The Project Management Team

I guess the answer is C

 

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PMP / CAPM exam Question bank
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Vishwanath

Tue, 10/08/2013 - 05:10

 Dear Friend,

         C is the best answer.

Regards,

Vishwanath

 

maheshgonuguntla

Tue, 10/08/2013 - 12:50

I also thought that answer is C , but take a look at the below explaination...

 

B.) is correct. A project charter is normally signed by an authorized approver who is outside of the boundaries of the project. This ensures that authorization and funding is given from without and not from within the project. The Portfolio Manager isn't really at the appropriate authorization level and the Stakeholders and the Project Management Team are inside the boundaries of the project. While it may not be normal that the CEO signs a charter, in this question here, the CEO is the only person who is at the correct level of authority outside of the project boundaries and therefore the right person to sign it.

The PMBOK Guide says "Projects are authorized by someone external to the project such as a sponsor, PMO or portfolio steering committee." The available answer option in our question is "porfolio manager" and not "a member of the portfolio steering committee". That is why "CEO" is correct in this case. 

kinnumann1

Tue, 10/08/2013 - 16:11

 

The PMBOK quote that you have provided is from PMBOK 4.   Just want to point out that PMBOK 5 uses different language (emphasis is mine): "Projects are initiated by an entity external to the project such as...".

Additionally, PMBOK 4 explicitly says who signs the Project Charter, but PMBOK 5 is not explicit on this point.

 

-KM

 

diba_perfect

Wed, 10/09/2013 - 18:29

A typical project can have tens and hundreds of stakeholders. Thus it may not be feasible to get the charter approved/signed by one and all. Even that's one pointer to striking out option C.

~ Diba

vikula01

Tue, 10/08/2013 - 17:24

 Charter is signed by the one who pays money for the project - If its an external client we use the term Sponsor - and if like a CEO CIO initiative you may have the PMO or he CEO/CIO sign the charter itself -  AS the PMBOK evolves the process/knowledge will be more dfeined but the latest versions dont negate the  old ones ...

atverma

Wed, 10/09/2013 - 04:50

 B

engrwaqas_11

Thu, 10/24/2013 - 13:20

B.) is correct. A project charter is normally signed by an authorized approver who is outside of the boundaries of the project. This ensures that authorization and funding is given from without and not from within the project. The Project Sponsor, Stakeholders and the Project Management Team are inside the boundaries of the project. While it may not be normal that the CEO signs a charter, in this question here, the CEO is the only person who is outside of the project boundaries and therefore the right person to sign it.