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1 (5 points) Tailoring your project management approach suggests that the appropriate project management processes, inputs, tools, techniques, outputs, and life cycle phases should be

1 (5 points) Tailoring your project management approach suggests that the appropriate project management processes, inputs, tools, techniques, outputs, and life cycle phases should be selected to manage a project. Tailoring should address the competing constraints of scope, schedule, cost, resources, quality, and risk. True False Question 2 (5 points) The is a documented economic feasibility study used to establish the validity of the benefits of a selected component lacking sufficient definition and that is used as a basis for the authorization of further project management activities. project charter business case project plan benefit plan Question 3 (5 points) As with any process, the use of models, methods, and artifacts has associated costs related to time, level of expertise/proficiency in use, impact on productivity, etc. As much as possible, project teams should avoid models, methods, and artifacts that have the following characteristics, with the exception of: duplicates or adds unnecessary effort is not useful to the project team and its stakeholders produces accurate or timely information caters to individual needs versus those of the project team

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