Ideally, How Many Members Should Be There in a Steering

question 35

Multiple Choice

Ideally, how many members should be there in a steering team for systems development?

• A) Five to seven
• B) Upto fifty
• C) Minimum ten
• D) Three to five

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Definitions:

Conditional Value

A numerical value assigned to an outcome in a decision-making process, dependent on specific conditions being met.

Optimistic Decision

A decision-making approach that involves choosing the option with the most favorable possible outcome under uncertain conditions, assuming the best-case scenario.

Analytical Decision Making

A process that utilizes data, quantitative analysis, and logical reasoning to make decisions that aim to solve specific problems or achieve desired outcomes.

Expected Monetary Value

A statistical technique in decision making used to calculate the average outcome when the future includes scenarios that may or may not happen.