Which of the Following Statements About Projects and Project Management

question 8

Multiple Choice

Which of the following statements about projects and project management is NOT true?

• A)A project is typically a one-time event.
• B)Completing a project within budget is the most critical criterion for project success.
• C)Projects are typically staffed with people from several different functional areas who may have more loyalty to their function than to the project.
• D)None of the statements are true.

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Definitions:

Stratified

A sampling method that involves dividing a population into smaller groups, known as strata, that share similar characteristics.

Cluster

A grouping of similar items, individuals, or data points among a set of data.

Standard Error

Standard Error is the standard deviation of the sampling distribution of a statistic, often used to measure the accuracy with which a sample reflects a population.

Sample Size

The number of observations or elements selected from a population to be included in a sample.