2. Which of the following is not correct about initial phase of a project?
a. The cost associated at the beginning of the project is highest.
b. Stakeholders have maximum influence during this phase
c. The highest uncertainty is at this stage of the project.
d. All the above statements are correct.
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d.)is the correct answer
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The answer to this question is the option “D”.
All the give options are correct.
During the initial phase of a project, it is the stakeholders who have a maximum say as they are the initial investors.
The cost of the initial phase of the project is much because at this phase investments are done for land, building, machinery, furniture, manpower and infrastructure development.
Again the success of the project is not known, so it is a phase of highest uncertainty.
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