A Matrix Organization for Project Management Has a Distinct Advantage

question 88

Multiple Choice

A matrix organization for project management has a distinct advantage because:

• A)dual hierarchies mean two bosses.
• B)a significant amount of time is spent negotiating the sharing of critical resources.
• C)workers must reconcile competing project and functional demands.
• D)project importance is enhanced by setting authority equal to that of functional departments.

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Definitions:

Investment

The allocation of resources, such as time, money, or effort, in expectation of a future benefit or return.

Missing Value

A term used to describe data that is absent or not available in a dataset or equation.

Compounded Annually

Interest calculation method where the interest is added to the principal at the end of each year, impacting the amount in the following year.

Maturity Value

The amount that will be received at the end of a fixed-income investment period such as a bond or certificate of deposit.