Project Status Meetings Have Poor Attendance

question 453

Multiple Choice

Project status meetings have poor attendance. A SME from the hardware team dominates the meetings when questions are asked, not allowing input from other members. Which of the following steps should the PM take to make the meetings more productive? (Select two.)

• A) Facilitate the meetings by adhering to the agenda.
• B) Encourage interaction among team members during the meetings.
• C) Ensure meetings minutes are accurately recorded.
• D) Adjust the number of meetings.
• E) Change the number of action items.
• F) Schedule impromptu meetings when the SME is absent.

Distinguish between the various models of oligopoly pricing and output.

Explain the concept of the prisoner's dilemma and its relevance to oligopoly behavior.

Understand the role and effects of advertising within the context of oligopolies.

Assess the competitive nature of markets using different tools and indices.

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Definitions:

Sensitivity Analysis

A technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

CVP Analyses

Cost-Volume-Profit Analyses, a financial modelling technique that analyzes how changes in costs and volume affect a company's profits.

Estimates

Approximations or educated guesses used in planning and decision-making, especially in budgeting and forecasting.

Safety Margin

The difference between the actual performance of a business and the break-even point, indicating the buffer or cushion against drop in performance.