The Project Organization Works Best When Which of the Following

question 57

Multiple Choice

The project organization works best when which of the following conditions are satisfied?
I. Work can be defined with a specific goal and deadline.
II. The job is typical and familiar to the existing organization.
III. The work contains interrelated tasks requiring specialized skills
IV. The project is temporary but unimportant to long-term organizational success
V. The project cuts across organizational lines.

• A) I,II,III,IV,V
• B) None of the above conditions need to be satisfied
• C) I,III,V
• D) I,II,III,V
• E) I,III,IV,V

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Definitions:

MC

A term often short for Marginal Cost, which is the cost added by producing one additional unit of a product or service.

MR

Short for Marginal Revenue, which is the additional income earned by selling one more unit of a product or service.

ATC

Average Total Cost, which is the total cost of production (fixed plus variable costs) divided by the quantity of output produced.

ATC

Average Total Cost, which is the total cost of production divided by the quantity of output produced.