Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Project sponsor
- This topic has 2 replies, 2 voices, and was last updated 8 years ago by
abdulbasit16.
- AuthorPosts
- April 24, 2017 at 1:39 pm #383366
Bpp says
The project sponsor provides and is accountable for the resources invested into the project and is 12/09 responsible for the achievement of the project’s business objectives.The project owner is the person for whom the project is being carried out and as such, they are interested in the end result being achieved and their needs being met.
And in the end also says: Some organisations use the terms project owner and project sponsor in a way exactly opposite to the usage we have outlined here! An example is the Scottish Executive construction works procurement guidance, which makes the project owner subordinate to the investment decision-maker and superior to the project sponsor. Be careful in your use of these terms and explain what you mean when you use them.
What do you suggest in this case?
April 24, 2017 at 6:51 pm #383472If different organisations interpret sponsors and ownership differently you mustn’t try to insist there is only one set of definitions. Organisations are free to use their own terminology.
Stick with BPP’s original definition and you will do fine.
April 25, 2017 at 2:52 pm #383648Alright
- AuthorPosts
- The topic ‘Project sponsor’ is closed to new replies.