In Some Managerial Situations, Resources Are Distributed So Each Person

question 37

Multiple Choice

In some managerial situations, resources are distributed so each person gets the same outcome, regardless of their contributions. This is most likely based upon

• A)equity.
• B)loyalty.
• C)logic.
• D)need.
• E)equality.

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Definitions:

Crash Cost

The additional expenses incurred to reduce the completion time of a project, often through measures such as overtime pay or extra resources.

Crash Duration

The shortest time period in which a task or project can be completed by allocating the maximum resources, often at increased cost.

Project Managers

Professionals responsible for planning, executing, and closing projects, managing resources and ensuring objectives are met.

Network Analysis Method

is a systematic approach used in project management that involves mapping out a project in terms of nodes (activities) and links (relationships), to identify the most efficient sequence of operations.