Project Management Professional (PMP) Practice Exam

When taking over a new project, it's important to investigate the Enterprise Environmental Factors during the chartering process. Enterprise Environmental Factors are external influences that can impact a project, such as industry standards, organizational culture, and market conditions. By understanding these factors, a project manager can better anticipate potential challenges and make informed decisions to ensure project success. Project Management Plan, Project Risk Register, and Team Performance Reports are all important project documents but they are more relevant to the executing and monitoring phases of a project, rather than the initial chartering process. Therefore, they are incorrect options for this question.