Q: As a project manager, you determine the budget, people, and material that you will need for an upcoming project. Which project initiation component are you trying to determine?
or
Q: As a project manager, you estimate how much money, personnel, and supplies you’ll need for an impending project. Which element of project beginning are you attempting to identify?
- Success criteria
- Project charter
- Resources
- Goals
Explanation: The “Resources” component is the one that you are mostly focusing on when you, as a project manager, are determining the money, personnel, and materials that are required for a forthcoming project. Performing this step entails determining and planning the human, financial, and material resources that are needed to effectively carry out the project.