Project Managers Develop the Skills Necessary to Be an Effective

question 103

Multiple Choice

Project managers develop the skills necessary to be an effective project manager through any of the following except

• A) gaining experience by working on projects.
• B) learning from others.
• C) participating in education and training.
• D) telling other people how to do their tasks instead of delegating.

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Definitions:

Operating Cycle

The duration between the acquisition of inventory by a company and the collection of payment for the sales of that inventory.

Bank Financing

The process of obtaining capital through the borrowing of funds from a bank.

Collection Period

A metric that measures the length of time it takes for a business to convert its accounts receivable into cash.

Accounts Receivable Balance

The combined total of receivables a business has from its customers for goods or services that have been consumed but remain unpaid.