What Is a Key Factor That Must Be Considered When

question 18

Multiple Choice

What is a key factor that must be considered when an organization evaluates the potential of a project?

• A)The project's fit with overall organizational strategy.
• B)The availability of resources to execute the project.
• C)The business justification for investing in the project.
• D)All items are correct.

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Definitions:

Bottleneck Hour

Bottleneck Hour refers to the specific time period during which the flow of operations or processes is significantly slowed down due to limitations in capacity.

Bottleneck

A stage in a process that reduces the efficiency of the overall system due to limited capacity or resource.

Demand

An economic principle referring to a consumer's desire and willingness to pay a price for a specific good or service.

Further Processing

Additional processing or manufacturing operations performed on a product to enhance its value before final sale.