Which of the following statements is FALSE regarding the Continued Business Justification?
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A. B. C. D.B.
Continued Business Justification is a fundamental principle of project management that ensures the project's value proposition remains relevant and aligned with the organization's objectives throughout the project's lifecycle. It enables project managers and stakeholders to monitor and validate the project's ongoing viability and benefits realization.
The False statement among the options provided is A, "The justification for the project must remain the same throughout the project." This statement is not true as the justification for a project may change during its lifecycle due to various reasons, such as changes in business objectives, market conditions, technology advancements, or other external factors. Therefore, option A is incorrect.
Option B, "The justification for the project should remain valid," is correct. It means that the business case for the project must continue to make sense and provide value to the organization throughout the project. The project should align with the organization's strategic goals, and its objectives and benefits should remain relevant to stakeholders.
Option C, "The justification for the project may change," is also correct. Changes in the project's justification can occur as new information becomes available or business needs evolve. In such cases, the project team should review and reassess the project's justification to ensure that it continues to align with the organization's objectives and provides value.
Option D, "If the project is no longer justified, it should be stopped," is also correct. If the project's justification is no longer valid or relevant, it does not make sense to continue with the project. The project team should evaluate the project's benefits against its costs and assess whether it is still worthwhile to proceed with the project. If not, the project should be terminated.
In summary, options B, C, and D are all correct, while option A is false. The Continued Business Justification principle emphasizes the need to ensure that the project continues to make sense for the organization throughout its lifecycle, and any changes in its justification should be reviewed and validated to ensure that it remains relevant and aligned with the organization's objectives.