Peter is working in a plan-driven project work. He is involved in the process of developing a project document that formally gives him authority over the project to assign resources required to complete the project. This process is known as?
A. Planning.B. Monitor and control.
C. Project charter.
D. Closing.
Answer: Option C is correct. It formally authorizes a project. Project charter authorizes the PM to apply resources to complete the work on the project. It is the first thing done on a project. An approved project charter initiates the project. It is in the Initiating process group. Since project is sponsored by sponsors, charter needs to be approved by sponsors. PM should be allocated while developing the project charter for the purpose of understanding the requirements. Charter identifies the business needs and stakeholders' expectations.