In a Project Portfolio, a Project That Involves a New

question 18

Short Answer

In a project portfolio, a project that involves a new technology or even a disruptive technology that is known to the industry would serve as an example of a __________ project.

---

Definitions:

Max Weber

A German sociologist, philosopher, and political economist known for his theory on the protestant ethic and the spirit of capitalism, as well as his ideas on bureaucracy.

Bureaucratic Organization

An organizational model characterized by a hierarchical structure, formal rules, and a clear division of labor designed to achieve efficiency.

Traditional Organization

An organizational form that relies on established customs and norms to structure management and operational activities, often resistant to change.

Laissez-Faire

An economic philosophy advocating minimal governmental intervention in the operation of markets and businesses.