For a Project Manager, Monitoring _____

question 85

Multiple Choice

For a project manager, monitoring _____.

• A) involves controlling capital
• B) includes monitoring the progress of the project, evaluating results, and taking corrective action when necessary to stay on target
• C) consists of staffing, which includes selecting the project team and assigning specific tasks to team members
• D) includes identifying and arranging project tasks and estimating completion times and costs

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders, often used for reinvestment in the business or to pay down debt.

Equity Method

An accounting approach for recording investments in other entities, where the investment's value is adjusted based on the investor's share of the investee's profits or losses.

Dividends

Payments made by a corporation to its shareholder members, distributed from the company's profits.

Investment

The allocation of resources, usually financial, in expectation of a future return.