ACCA Strategic Professional · Strategic Business Leader · Leading and managing projects
Brindle Retail has approved a project to replace its customer loyalty platform. A project manager has been appointed and has drafted a document defining the project's objectives, scope, deliverables, constraints, key stakeholders and governance, which will be agreed with the sponsor as the baseline for later control. Which document is this?
This is the project initiation document, also called a project charter. It sets out objectives, scope, deliverables, constraints, stakeholders and governance, and is agreed with the sponsor as the baseline against which the project is later controlled, unlike narrower documents such as a risk register.
- AProject initiation document (or project charter)Correct
- BRisk register
- CBenefits realisation plan
- DLessons learned log
Explanation
The project initiation document (PID) or charter formalises objectives, scope, deliverables, constraints, stakeholders and governance and forms the baseline for control. A risk register records risks only. A benefits realisation plan concerns post-delivery benefits, and a lessons learned log is a closing activity.
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