A Project Is an Endeavour to Achieve a Specific Objective

question 50

True/False

A project is an endeavour to achieve a specific objective through a unique set of interrelated tasks and the effective utilisation of resources.

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Definitions:

Representativeness Heuristic

A cognitive shortcut used in decision-making that relies on comparing the similarity of current situations to stereotypes or prototypes.

Cognitive Tendency

Refers to habitual patterns or biases in thinking that can influence judgment and decision-making.

Typical Prototype

An ideal or standard example of a particular category that embodies the most common and salient features of that category.

Expectancy Model

A theory that proposes an individual's motivation is determined by their expected outcome and the valuation of that outcome.