Examlex
Which of the following terms best describes the amount of funds needed above the estimate to reduce the risk of overruns?
Productivity
The measure of efficiency in converting inputs into useful outputs, often analyzed to improve performance in business or personal tasks.
Task Analysis
The process of breaking down a task into its components to study the task’s requirements and the skills needed to perform it.
Management Object
An element or goal that management aims to achieve through planning, organizing, leading, and controlling organizational resources.
Frederick Taylor
A pioneer of industrial engineering and management science, best known for his work on improving industrial efficiency through the principles of scientific management.
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