The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more detailed project planning stage. It is a TRUE STATEMENT
When the project portfolio statement is signed, the high-level project initiation stage ends and the more in-depth project planning stage begins. The organization's existing state should be positively, powerfully, and vividly described in the vision.
<h3>What is a background statement in project management?</h3>
The project charter must include a background statement, which serves as the foundation for the scope overview and business case. (T/F) The important schedule milestones, significant points, and events in the project are identified in the project master network, which is a summary-level timetable.
<h3>What should the prioritization of projects in a portfolio consider?</h3>
Whether the requirements for carrying out each project are properly known should be taken into account when ranking the projects in a portfolio. The project business case outlines the goals and methods for the project. A formal legal contract between the project team and the project sponsor is established via the project charter.
<h3>How to develop a background document for your project initiative?</h3>
Consider the following details when creating a background document for your project initiative: primary target (what is to be addressed by the project) a list of requirements and the main justifications for launch. a typical explanation of how to carry out the job
Learn more about smooth running of the projects:
brainly.com/question/17301765
#SPJ4
