While Preparing to Plan a Project, the Project Manager Meets

question 477

Multiple Choice

While preparing to plan a project, the project manager meets with the key stakeholders to determine the flexibility between the project constraints. Which of the following techniques should the project manager consider to reduce personal bias and increase buy-in?

• A) Send the stakeholders a survey about the project constraints to complete anonymously
• B) Watch and determine which constraint is most important
• C) Compare the constraints two at a time and have the stakeholders vote on importance
• D) Look at historical information regarding the flexibility preferences of key stakeholders

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Definitions:

Domestic Quantity

The amount of a product or service produced within a country's borders.

Demanded

Refers to the desire of consumers to purchase a good or service, coupled with the capacity to pay for it, at a certain price level.

Producer Surplus

Producer Surplus is the difference between what producers are willing to sell a good for and the actual price they receive, representing profit.

Equilibrium

A state in a market where supply equals demand, meaning there is no excess of goods or shortage, and prices are stable.