Discuss how projects are identified. Explain how projects are prioritized and selected. Identify and describe at least eight elements of a project charter. What is a Request For Proposal and what are they used for?
Expert Answer
Project Identification: Projects are identified based on the brainstorming sessions by the organizational key stakeholders viz., owner, chairman, investors, shareholders, stakeholders, business partners etc., Also it happens at senior management level, middle and lower management too. when there is a team or group of like-minded people, they come up with various different ideas, suggestions for the ongoing problems and improvement opportunities. Then
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