Project Human Resource Management

question 50

Multiple Choice

Project Human Resource Management

• A) focuses on creating and developing the project team.
• B) includes identifying the project phases and activities and estimating, sequencing, and assigning resources.
• C) focuses on planning, developing, and managing the quality environment allowing the project to meet or exceed stakeholder expectations.
• D) focuses on identifying and responding appropriately to risks that can impact the project.
• E) is concerned with acquiring project resources that are outside the organization.

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Definitions:

Compensation Budgeting

The process of allocating and managing financial resources meant for employee salaries, bonuses, benefits, and other forms of compensation.

Budgeted Amount

The estimated financial spending for specific purposes or projects as planned in a budget over a set period.

Employee Satisfaction

A measure of how content and fulfilled employees feel within their job roles and work environment.

Compensation System

An organized approach utilized by companies to pay and reward employees for their contributions, including salary, wages, bonuses, and benefits.