All of the Following Are Indications That the Project Is

question 6

Multiple Choice

All of the following are indications that the project is successful EXCEPT:

• A) Customers receive a significant benefit from the project.
• B) The project meets its return on investment goal.
• C) The project meets the established time and budget criteria.
• D) The project prepares the organization for future success and growth.
• E) The project profits are high and last for a very short time period.

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Definitions:

Downsizing

Planned elimination of jobs

Outsourcing

The practice of hiring external firms to perform tasks, handle operations, or provide services that are either difficult to manage or outside the company's expertise.

Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance.

Statistical Method

A technique or procedure applied to numerical data for the purpose of analyzing, interpreting, or explaining statistical phenomena.