The More Autonomy and Authority the Project Manager and Project

question 99

Multiple Choice

The more autonomy and authority the project manager and project team need to be successful, the more appropriate a dedicated project team or a(n) ________ matrix structure is to manage the project.

• A) weak
• B) dedicated
• C) strong
• D) projectized
• E) balanced

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Definitions:

Margin of Safety

The difference between actual or expected sales and the break-even point, indicating the amount of sales that can decline before a firm incurs a loss.

Contribution Margin Ratio

A financial metric that represents the contribution margin as a percentage of total sales, assessing the profitability and efficiency of production.

Operating Income

Income generated from normal business operations, excluding expenses such as taxes and interest payments.

Margin of Safety Percentage

A financial metric indicating the difference between actual sales and break-even sales, expressed as a percentage of actual sales.