Ann, a Project Manager, Is Working for a New Company

question 443

Multiple Choice

Ann, a project manager, is working for a new company. On her first project, the assigned project resources do not follow her direction. She is not allowed to authorize contractors because they say she does not have the authority. Which of the following is the MOST likely explanation for what is happening?

• A) Ann is new to the organization so no one trusts her
• B) Ann has not developed a communications plan
• C) The project team is functional
• D) The project has not started

Understand the definition and process of controlling within management.

Identify the financial metrics and tools used to assess a company's health.

Distinguish between different types of managerial controls (feedback, feedforward, concurrent, and steering).

Understand the role of controlling in achieving organizational goals.

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Definitions:

Consistency

refers to the property of an estimator in which, as the sample size increases, it converges in probability to the parameter it estimates.

Interval Estimator

An interval estimator provides a range of values, defined by an upper and lower bound, that is likely to contain the population parameter of interest.

Sample Mean

The average of a subset of numbers from a larger set, representing the central tendency of that subset.

Consistent Estimator

An estimator that, as the sample size increases, converges in probability to the value of the parameter being estimated.