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What are two benefits of governance in risk and issue management?

A financial services company is launching a new banking product for which the sponsors have set a challenging timeline for an initial launch. The stakeholders have provided a list of conflicting requirements to be included in the new product design and build.
The project manager has decided to deliver the project in an iterative life cycle due to the time constraints.

PESTLE is a technique that can be used to determine factors that may impact or influence a project's business case. What does the letter "S" in PESTLE represent?

• A.Strength
• B.Stakeholder
• C.Sociological
• D.Significance

You are managing a construction project aimed at developing a new eco-friendly office building. You are tasked with ensuring that sustainability measures are effectively monitored and reported.
At which point in the project life cycle should you implement sustainability measures?

• A.Sustainability measures should be captured at the building's completion and reported in the final project report.
• B.Sustainability measures should be implemented once construction has begun and reported if significant issues arise.
• C.Sustainability measures should be monitored continuously and integrated into project planning, before construction begins.
• D.Sustainability measures should only be reviewed during major project milestones and construction stopped if targets are not being met.

Select the correct options from the drop-down lists:

Correct Answer:

Explanation:
Work is completed on time.
The skills required.
Ensuring work is completed on time is critical to effective resource management, as it ensures the project meets its deadlines.