The suggested answer is C.
Execution entails steps to carry out and finish the project according to the measures drawn through the planning stage.
Answer option A is incorrect. Initiating is a process group or stage that occurs at the beginning of the project. It determines the nature and scope of the development. If this stage is not performed well, it is unlikely that the project will be successful in meeting the business needs. The initiating stage should include a cohesive plan that encompasses the following areas:
✑ Study analyzing the business needs in measurable goals
✑ Review of the current operations
✑ Conceptual design of the operation of the final product
Equipment and contracting requirements including an assessment of 'long-lead' items
✑ Financial analysis of the costs and benefits including a budget
✑ Stakeholder analysis, including users, and support personnel for the project
✑ Project charter including costs, tasks, deliverables, and schedule
The key project controls needed here are an understanding of the business environment and ensuring that all necessary controls are incorporated into the project.
Any deficiencies should be reported and a recommendation should be made to fix them. Answer option B is incorrect. Monitoring and controlling guarantees that only agreed changes are made so that the project does not morph into something unrecognizable over time.
Answer option D is incorrect. Closing concludes a project and closes it. It often consists of satisfying the terms of any outstanding contracts.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition"
Chapter: Procurement and Project Integration
Objective: Project Execution -
Annotate
C