GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rules and regulations for keeping a project on track are known as
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governance mechanisms.
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project laws.
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risk inhibitors.
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execution standards.
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Explanation:
Detailed explanation-1: -Project Oversight Mechanisms: These are the mechanisms used to oversee projects, including implementation of appropriate control processes, management of risks, and realization of business benefits.
Detailed explanation-2: -The governance in a project refers to the hierarchy of contributing roles in decision-making groups. To have an effective governance of your project, you need to establish two type of regular meetings: the steering committee, the project core team.
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