The above statement is true. The project sponsor is a senior manager from the business unit most affected by a project who assures the project will fulfill the needs of his or her firm.
- The project sponsor is in charge of the project's overall success, which includes selecting the project manager and team, establishing success parameters, and guaranteeing the project's timely completion.
- Executive sponsor is a position in project management, typically held by the project board's most senior member and frequently its chair. A top executive at a company who is accountable to the company for the project's success will serve as the project sponsor.
- Members of senior management who support projects and have a significant amount of influence and power are known as project sponsors. The names of project sponsors vary frequently, including those of product sponsors, project directors, account managers, and business unit managers.
Thus this is definition of project sponsor.
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<u>Answer:</u> Does not require any privacy policy.
<u>Explanation:</u>
Privacy policy is not stated as compulsory under any federal laws and statutes. Under certain circumstances it is important to provide the privacy policy in the website. When collecting information from children for using the websites.
If the website collects the personal information then according to law it has to provide the ways of usage of these information. Burns medicine shop does not collect children information, financial information or identifiable information so it does not require privacy policy according to law.
Answer: D- 9.12%
Explanation:The current net income percentage is calculated thus:
Current year net income = $59,120
Prior year net income = $53,700
diff in btw the two period = $59, 120-$53,700 = $5,420
current year net income percentage = $5,420/$59,120 = 0.0912779 *100
= 9.12%