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The project sponsor is known and actively involved in supporting the project. The project sponsor has sufficient authority within the project environment to effectively champion

  1. The project sponsor is known and actively involved in supporting the project.
  2. The project sponsor has sufficient authority within the project environment to effectively champion the project team.
  3. Functional managers supplying personnel or other resources to the project have been identified and are ready to supply the required resources.
  4. The people who will approve requirements and specifications, changes to requirements and specifications, and who will accept the final product are identified and have agreed to the process for these approvals.
  5. The people who will approve funding and changes to funding are known and a process exists for approving changes to funding.
  6. Stakeholders inside and outside the firm who will have veto power over any decision in the project are known and are identified in the responsibility matrix and communication plan.
  7. All contributors necessary to complete the project have been identified and understand their role on the project.
  8. The stakeholders who will receive and operate the outcome of the project are included in the responsibility matrix.
  9. Stakeholders who will be affected by the outcomes of the project are known, their stake is understood, and there is a strategy for managing them to benefit the project.
  10. A project charter that clearly identifies and shows management support for the project manager has been published.

Select the five items that you believe are the most important items on the list with regard to "financial performance of the project" and the five items you believe are the most important with regard to "team cohesion and harmony". Support your choice with two or three explanatory sentences or an example.

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