The Project Maturity Model Developed by the Center for Business

question 56

Multiple Choice

The project maturity model developed by the Center for Business Practices would have ________ rings if a spider-web diagram were used.

• A)three
• B)four
• C)five
• D)six

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Definitions:

Investment Center

A business unit within an organization that is responsible not only for generating profits but also for managing its own investments and capital.

Rate of Return

measures the gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Profit Generated

The total amount of financial gain made by a business after all expenses have been subtracted from total sales.

Controllable Margin

The portion of profit or margin over which management has control, often excluding fixed costs.