A Project Team That Operates with a Full-Time Project Manager

question 71

Multiple Choice

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using ________ organization.

• A)Functional
• B)Balanced matrix
• C)Weak matrix
• D)Strong matrix
• E)Projectized

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Definitions:

Expected Return

The anticipated profit or loss from an investment, taking into account the possibility of various outcomes.

Standard Deviation

A parameter that assesses the extent of difference or range within a batch of numerical values.

Risk-Averse Investor

An investor who prefers lower returns with known risks rather than higher returns with unknown risks.

Slope of the Budget Line

The rate at which one good can be traded for another, reflecting the relative prices of two goods.