1 point In which phase is the idea for a project evaluated to determine if it will be done? O Execution O Closing O Initiation and planning O Planning and executing Who are the stakeholders in a project? 1 point Those who have expertise in specific areas and provide you with advice where necessary The people who carry out your delegated tasks throughout the projects duration O Those who will be affected by the project's outcome and are involved at specific stages O Those who are sponsoring your project and provide its resources The longest stage of project life cycle is 1 poin O Planning O Executing O Closing O Initiating N Which of the following is not a potential advantage of using good project management? 1 point Shorter development times O Higher worker morale O Higher profit margins O Lower cost of capital