Which of the following statements about the Project Initiation Documentation are true? 1. The Project Initiation Documentation is used to ensure that a sound basis exists before the Project Board authorizes a project. 2. The Project Initiation Documentation should be updated at the end of each stage to reflect the current status of a project. 

Answer options:

A. Only 1 is true
B. Only 2 is true
C. Both 1 and 2 are true
D. Neither 1 or 2 are true

C