Which of the following roles has approval authority for project funding?
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A. B. C. D.D.
https://books.google.com.pk/books?id=scjmDQAAQBAJ&pg=PA29&lpg=PA29&dq=comptia+roles+has+approval+authority+for+projectThe role that typically has approval authority for project funding is the Sponsor.
The Sponsor is a key stakeholder who is responsible for providing the necessary resources, including financial resources, for the project to succeed. They act as a champion for the project and have the authority to allocate funds from the organization's budget to fund the project.
While the Champion is also a key stakeholder who advocates for the project, they may not have the authority to approve project funding. The Champion's role is to promote the project within the organization and provide support to the project team.
The Chief Financial Officer (CFO) is responsible for overseeing the financial activities of the organization and ensuring that financial resources are allocated appropriately. While the CFO may be involved in the decision-making process for project funding, they may not have direct approval authority.
The Project Management Office (PMO) is a department within an organization that is responsible for standardizing project management practices and providing support to project managers. While the PMO may provide guidance on project funding, they typically do not have approval authority for project funding.
In summary, the Sponsor is the role that typically has approval authority for project funding, as they are responsible for providing the necessary resources for the project to succeed.