Why is the 'learn from experience' principle applied to a project?
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A. B. C. D.A.
https://link.springer.com/chapter/10.1007/978-3-319-23000-9_4The "learn from experience" principle is a crucial element in the project management process. It means that project teams should learn from their past experiences and apply this knowledge to improve their current and future projects.
Answer A is correct. By learning from past successes, the project team can repeat actions that worked well in the past, thereby increasing the chances of achieving success in the current project. This helps in avoiding mistakes and minimizing the risks associated with the project. By leveraging previous project experience, the project team can build on what they have already learned and use it to achieve better outcomes.
Answer B is not correct. Developing a business case for a project is a separate activity that typically occurs at the beginning of the project. It involves analyzing the feasibility of the project, including its costs, benefits, and risks. While past experiences can inform the development of the business case, this is not the primary reason why the "learn from experience" principle is applied to a project.
Answer C is also not correct. Dividing a project into management stages is a separate principle in project management called "manage by stages." It involves breaking down the project into smaller, more manageable stages or phases to help control the project's progression and identify any issues early on. While learning from past experiences can inform the development of these stages, this is not the primary reason why the "learn from experience" principle is applied to a project.
Answer D is not correct. Delegating authority through the use of tolerances is a separate principle in project management called "manage by exception." It involves giving team members the authority to make decisions within specified tolerances, reducing the need for constant oversight. While learning from past experiences can inform the development of these tolerances, this is not the primary reason why the "learn from experience" principle is applied to a project.
In summary, the "learn from experience" principle is applied to a project to enable the project team to repeat successes from previous projects, avoid mistakes, and minimize risks associated with the project.