Which of the following is the formal acceptance of the project?
Which of the following is the formal acceptance of the project?
The formal acceptance of a project is known as a sign-off. This is when project stakeholders officially approve the project deliverables and outcomes, indicating that the project has met its objectives and is complete. A project review, risk assessment, and inspection trend analysis are important activities in project management, but they do not constitute formal acceptance of the project.
Business analysts are responsible for obtaining stakeholder approvals and are required to understand who holds decision-making responsibility and who possesses authority for sign-off across the initiative.
Project sign-off is one of the many activities you'll do at the end of a project. This is the phase where you've handed over all deliverables and are about to dismiss the project team. The typical steps in this phase include: Project sign-off and completion of all other legal formalities.