The Project Management Process Involves Two Major Functions

question 14

Multiple Choice

The project management process involves two major functions

• A) establishing the plan and executing the plan to accomplish the objective.
• B) working with project managers and assigning the project team.
• C) communicating with stakeholders and satisfying the customer.
• D) determining the budget and expending the budget for work performed.

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Definitions:

Contract Negotiations

The process of discussing and determining the terms of a contract between two or more parties, aiming to reach a mutual agreement that benefits all involved.

Culture

The broad set of knowledge, beliefs, laws, morals, customs, and any other capabilities or habits acquired by humans as members of society.

Country-Of-Origin Effects

The beliefs and associations people in one country have about goods and services produced in another country.

Norms

Formal or informal societal rules that specify or prohibit certain behaviors in specific situations.