Which of the following is part of the project sponsor ' s responsibility?
A.
Monitoring the business value
B.
Advocating the business value
C.
Tracking the business value
D.
Auditing the business value
The Answer Is:
B
This question includes an explanation.
Explanation:
According to the PMBOK® Guide and the Standard for Project Management, the Project Sponsor plays a critical leadership role that bridges the gap between the project team and the organization ' s senior management.
Why Choice B is correct: The primary responsibility of a sponsor is to act as a champion for the project.
Advocacy: The sponsor promotes the project’s benefits to senior leadership and functional managers to ensure continued support and resource allocation.
Strategic Alignment: They ensure the project remains aligned with the organization ' s strategic goals and " sell " the business value to stakeholders who may be resistant to change.
Removing Roadblocks: By advocating for the project, they use their influence to overcome organizational hurdles that the project manager may not have the authority to handle.
Analysis of other options:
A (Monitoring the business value): This is typically a shared responsibility between the Project Manager and the Business Analyst during the project lifecycle to ensure the project is on track to deliver its objectives.
C (Tracking the business value): This is primarily the responsibility of the Business Analyst or a Benefits Owner. They use the Benefits Management Plan to track whether the realized benefits match the targets.
D (Auditing the business value): Auditing is an independent objective assurance activity usually performed by an Internal Audit department or a Project Management Office (PMO) to ensure that the reported value is accurate and processes were followed.
Key Concept: The Project Management Institute (PMI) defines the sponsor as the person who provides resources and support for the project and is accountable for enabling success. While others measure or track the value, the sponsor’s unique " power " role is to Advocate (Choice B) for that value to ensure the project survives and thrives within the corporate political and financial environment.
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