Which is a factor when deciding the duration of a management stage?
Which is a factor when deciding the duration of a management stage?
The level of risk in the project is a significant factor when deciding the duration of a management stage. High-risk projects typically benefit from shorter management stages to allow for more frequent assessments and reviews by the project board, ensuring that risks are monitored and managed effectively. This helps maintain control over the project's progress and makes it easier to mitigate potential issues.
B is correct. "The number of management stages within a project is clearly a balance between risk and cost as well as other factors. For example a high risk project would tend to have shorter management stages since the project board would want to review progress and the overall project status more often."
B is correct
B is correct
B is correct, according to the linked resource - " By observing which risks may occur in which of the management stages, decisions can be made about end stage assessment points and stage duration."