A Project Manager Is Tasked with Completing a Project in Two

question 32

Multiple Choice

A project manager is tasked with completing a project in two months on a limited budget. What step should the manager take first to achieve the goal?

• A) Identify necessary resources.
• B) Request additional budget information.
• C) Map out a strategy.
• D) Obtain feedback on a regular basis.

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Definitions:

Insurance Expenses

The cost incurred by a business or individual for purchasing insurance policies to protect against risk.

Specific Legacy

A bequest in a will that leaves a particular piece of property or a specific asset to a designated beneficiary.

Probate Laws

The legal process through which a deceased person's estate is valued, beneficiaries are determined, and assets are distributed according to the deceased's will or state law.

Remaining Principal

The amount of the original loan or mortgage that has not yet been repaid.