A Project That Is Exceptionally Risky Might Still Be Undertaken

question 46

Multiple Choice

A project that is exceptionally risky might still be undertaken by a firm if they have several other projects underway that are considered more of a sure thing.This approach to project selection is BEST described by the criterion called:

• A)Strategic "fit."
• B)Risk.
• C)Desire for portfolio balance.
• D)Top management pressure.

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Definitions:

Tuckman Phase

A model outlining the stages of team development, including forming, storming, norming, performing, and adjourning.

Team Development

Team development involves the process of improving collective performance by enhancing the skills, collaboration, and structures within a group working towards a common goal.

Interpersonal Skills

Refers to the abilities required to effectively communicate, interact, and work well with individuals and groups.

Avoid Texting

The practice of minimizing or abstaining from the use of text messaging in communication, often to maintain professionalism or prevent misunderstandings.