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CAPM Practice: Determine how to follow and execute planned strategies or frameworks

Question 28 of 100 in Determine how to follow and execute planned strategies or frameworks

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Match each project initiation activity on the left with its primary purpose on the right. Items: 1. Conducting stakeholder identification 2. Creating the project charter 3. Developing the business case 4. Performing benefits analysis Which option correctly matches each item to its description?
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Correct answer: 1. Conducting stakeholder identification → To determine who can impact or be impacted by the project 2. Creating the project charter → To formally authorize the project and assign the project manager 3. Developing the business case → To justify the investment and document why the project should be undertaken 4. Performing benefits analysis → To establish how project outcomes will deliver organizational value

Explanation

Stakeholder identification determines who has an interest in or influence over the project. The project charter formally authorizes the project and names the project manager. The business case provides justification for why the organization should invest in the project. Benefits analysis establishes how the project will deliver value and measures expected outcomes against organizational objectives.

**Why not A:** This option incorrectly assigns stakeholder identification to establishing organizational value (which belongs to benefits analysis) and benefits analysis to determining who can impact the project (which belongs to stakeholder identification). These two descriptions are swapped.

**Why not B:** This option incorrectly assigns stakeholder identification to justifying the investment (which belongs to the business case), the project charter to establishing organizational value (which belongs to benefits analysis), the business case to determining who is impacted (which belongs to stakeholder identification), and benefits analysis to authorizing the project (which belongs to the charter). All four pairings are wrong.

**Why not D:** This option incorrectly assigns stakeholder identification to authorizing the project (which belongs to the charter), the business case to establishing organizational value (which belongs to benefits analysis), and benefits analysis to determining stakeholders (which belongs to stakeholder identification). Multiple pairings are mismatched.

Key Concept

This question covers Determine how to follow and execute planned strategies or frameworks under Determine how to follow and execute planned strategies or frameworks (Project Management Fundamentals and Core Concepts).

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