Question

What is the definition of Project Sponsors according to PMBOK?

1) Individuals or organizations that provide resources and support for the project
2) Individuals or organizations that are responsible for approving the project
3) Individuals or organizations that are responsible for executing the project
4) Individuals or organizations that are responsible for monitoring the project

Answer 1

Project sponsors according to PMBOK are individuals or organizations that provide resources and support for the project, not typically involved in day-to-day execution or monitoring.

Step-by-step explanation:

According to the PMBOK (Project Management Body of Knowledge), Project Sponsors are individuals or organizations that provide resources and support for the project, which aligns with option 1 from the choices given. They play a key role within project management by ensuring that the project has sufficient funding, by approving project deliverables, and by assisting with high-level project guidance. Project sponsors are essential stakeholders; they are not typically responsible for executing or monitoring the project on a day-to-day basis, which are roles usually filled by the project manager and the project team.