Answer: C - Although the project budget may play a small role in the decision, it is not one of the key factors.
Key takeaway: When deciding on the number of management stages, it is important to consider the nature and duration of the project. A small project, in which all the work can be easily planned in one stage, would suffer unnecessary cost and time delays with the introduction of extra management stages. Likewise, a large project would become unwieldy and impractical to run in a single stage. The key is to balance all the important factors.
