Which role is responsible for ensuring the project is justified in terms of cost?
Which role is responsible for ensuring the project is justified in terms of cost?
The role of the Executive is responsible for ensuring that the project is justified in terms of cost. The Executive must make sure that the project provides value for money and balance the demands of the business, users, and suppliers. The Executive has the authority to make important decisions about the project's finances and feasibility, and ensures that the project remains viable and aligned with organizational objectives.
In project management, the role of an Executive is to ensure that the project is justified in terms of cost. The Executive is typically a senior individual within the organization who has the authority to make important decisions about the project, including whether or not to proceed with it.
The executive has to ensure that the project gives value for money, ensuring a cost-conscious approach to the project, balancing the demands of the business, user and supplier.