Tailoring to Suit the Project

D.

According to the tailor to suit the project principle, effective project management is based on adapting the project management approach and methods to suit the specific needs of the project at hand. This means that there is no one-size-fits-all approach to project management and that the project manager must consider the project's unique characteristics, objectives, and constraints when designing the management approach.

Option A - holding appropriate meetings - is not a sufficient basis for effective project management on its own. While meetings are an important aspect of project management, the project manager must also consider other factors such as communication channels, team roles and responsibilities, and project reporting.

Option B - dividing the project into an appropriate number of stages - is a common practice in project management, but it is not the basis for effective project management. The number of stages required will vary depending on the nature of the project and the organization's project management methodology. It is more important to ensure that the project is broken down into manageable components that allow for effective planning, monitoring, and control.

Option C - providing appropriate information for decision-making - is an essential aspect of effective project management. Project managers must ensure that stakeholders have the necessary information to make informed decisions about the project's direction and progress. However, this alone is not enough to ensure effective project management. The project manager must also consider factors such as risk management, resource allocation, and stakeholder engagement.

Option D - ensuring the project method relates to the project's environment - is a key aspect of the tailor to suit the project principle. Project managers must consider the project's internal and external environment, including organizational culture, stakeholder expectations, legal requirements, and industry standards when designing the project management approach. A mismatch between the project environment and the project management approach can lead to inefficiencies, delays, and project failure.

In summary, the tailor to suit the project principle suggests that effective project management is based on adapting the project management approach and methods to suit the specific needs of the project. While there are several important factors to consider, including appropriate meetings, stage division, and information provision, ensuring the project management approach relates to the project environment is a key principle that underpins effective project management.