Discover the key role accountable for ensuring project cost justification in the PRINCE2 methodology. Gain insights into the responsibilities of this crucial position.
Table of Contents
Question
Which role is responsible for ensuring the project is justified in terms of cost?
A. Project manager
B. Executive
C. Senior user
D. Senior supplier
Answer
B. Executive
Explanation
The executive is responsible for ensuring the project is justified in terms of cost. In the PRINCE2 project management methodology, the executive represents the project’s business interests and is ultimately accountable for the project’s success. One of the executive’s primary duties is to ensure the project remains viable and cost-effective throughout its lifecycle. They make critical decisions regarding the project’s business case, which includes assessing and approving the project’s budget and ensuring that the expected benefits outweigh the costs. The executive continually monitors the project’s progress and reviews the business case at key decision points to confirm that the project remains justifiable from a financial perspective.
PRINCE2 Foundation certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the PRINCE2 Foundation exam and earn PRINCE2 Foundation certification.