What product forms the contract' between the Project Board and the Project Manager?
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A. B. C. D.B.
The product that forms the contract between the Project Board and the Project Manager is the Project Initiation Documentation (PID), which is option B.
The PID is a document that is created during the initiation stage of a project and it outlines the project's objectives, scope, timelines, budget, risks, and stakeholders. It serves as a reference point for the Project Manager and the Project Board throughout the project's lifecycle.
The PID contains information that is crucial to the success of the project and it is agreed upon by both the Project Board and the Project Manager. It serves as a contract between the two parties, outlining the expectations and responsibilities of each party.
The Project Board is responsible for ensuring that the project is aligned with the organization's objectives and that it is delivering value to the business. They are also responsible for providing the necessary resources and support to the Project Manager.
The Project Manager is responsible for managing the project's resources and ensuring that the project is delivered on time, within budget, and to the required quality standards. They are also responsible for communicating with the Project Board and keeping them informed of the project's progress.
In conclusion, the Project Initiation Documentation serves as the contract between the Project Board and the Project Manager, outlining the expectations and responsibilities of each party and serving as a reference point throughout the project's lifecycle.