Project Management Professional (PMP) Practice Exam

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Study for the Project Management Professional (PMP) exam. Study with flashcards and multiple choice questions. With over 500 questions. Practice the PMP practice multiple choice questions. Updated for 2023-2025. Get ready for your exam!

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What is the purpose of a project charter?

  1. To formally authorize a project or a phase and document initial requirements which satisfy the stakeholder’s needs and expectations.

  2. To document how the project will be planned, executed, monitored/controlled, and closed.

  3. To link the project, which is going to be planned, executed, and monitored/controlled to the ongoing work of the organization.

  4. To describe the process of performing the work defined in the project management plan in order to achieve the project’s objectives.

The correct answer is: To formally authorize a project or a phase and document initial requirements which satisfy the stakeholder’s needs and expectations.

A project charter serves as a formal authorization to begin a project and outlines the initial requirements that align with the needs and expectations of stakeholders. Option B may be incorrect because while a project charter does document the project's planning, execution, monitoring/control, and closure, it is not the primary purpose of a charter. Option C may be incorrect because a project charter is not necessarily linked to the ongoing work of the organization, but rather is focused on the specific project at hand. Option D may be incorrect because it describes the process of performing the work defined in the project management plan, but does not specifically mention the purpose of a project charter. Overall, the purpose of a project charter is to lay the foundation for a project and ensure that all stakeholders are in agreement on the initial requirements and expectations.