PK0-005 Practice Question: In which project life cycle phase are the key…

Correct answer & explanation

Key performance indicators (KPIs) are established during the planning phase as part of the project management plan to define how project success will be measured. Option A is incorrect because the execution phase is where the project work is performed and KPIs are used to monitor progress, but they are not established here. Option C is incorrect because the closure phase involves reviewing KPIs to evaluate project success, not setting them. Option D is incorrect because the initiation phase focuses on project authorization and high-level objectives, not the detailed definition of KPIs.