Smith is working as a project manager in an organization known as Firstcorp. He follows all the 5 process group initiating of planning, executing, monitor and control and closing to complete the project. Currently, he is working on developing project charter as well as identifying the stakeholders in the project. The process group which identifies the stakeholders as well as develop project charter is called?
A. Planning
B. Monitor and control.
C. Initiating.
D. Closing.
Answer: Option C is correct. Initiating process is to define and authorization to start the project. Initiate the project and decide what is going to be built for the project. It is using the identify stakeholder and develop project charter. The main outputs in this process group are project charter, identified stakeholders and stakeholder register. Project manager is assigned during this process. Once the project charter is approved, the project starts officially.