The Project Manager Should Prepare a Written Performance Evaluation of Each

question 25

Multiple Choice

The project manager should prepare a written performance evaluation of each member of the project team that mentions how each has

• A) made mistakes in the problem and how much that mistake cost the organization.
• B) expanded her or his knowledge as a result of the project assignment and identifies areas she or he needs to develop further.
• C) interacted with other team members, especially where conflict has caused problems for reaching the final goals of the project.
• D) contributed to the project with a list of activities and the time on each and an analysis of what was done incorrectly on each activity.

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Definitions:

Carrying Values

The recorded cost of an asset in a company's financial statements, minus any accumulated depreciation or amortization.

Proportionate Consolidation Method

An accounting technique used to combine a company's share of the assets, liabilities, income, and expenses of a jointly controlled entity on a line-by-line basis in its financial statements.

Fair Value Enterprise Method

A valuation approach determining the price a willing buyer would pay for an entire business in an orderly and open market transaction.

Identifiable Net Assets Method

A valuation method that calculates an entity's value based on the fair value of its identifiable tangible and intangible assets minus its liabilities.