Answer: (B) Project charter
Explanation:
Project charter is one of the type of short document which basically describe about the main objective of the given project and it also include all the duties, role and the main goal of the project.
The project charter is helps in providing the main aim of the project so that it helps in understanding the important key factors of the project to the project manager.
According to the given question, the project charter is one of the informal type document contract between the project sponsor and the project team. Therefore, Option (B) is correct answer.
The project charter is a document that plays a role of an informal contract among the project team and the sponsor.
So, option b. is correct.
Any deal that you enter into without any formal legal effect is referred to as an informal contract.
A project charter is a one-page document that serves as the foundation for the project. The b. project charter is a document that plays a role of an informal contract among the project team and the sponsor.
It acts as a formal confirmation of the project's existence as well as a future reference point. The charter provides direction and a feeling of purpose to management from start to finish.
Option b. is correct.
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