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High-Performing Project Teams Start with the Personal Values of Team

question 15

Essay

High-performing project teams start with the personal values of team members.List these values and discuss three ways that a project manager can strive to improve upon them.


Definitions:

Discounted Payback Period

The time it takes to recoup an investment considering the time value of money, by discounting future cash flows to present value.

Market Value

The immediate cost at which services or assets are exchangeable in a free trading market.

Net Present Value

A financial metric that discounts all expected future cash flows to their present value to assess the viability or profitability of an investment.

Investment Cost

The total amount of money spent to acquire an investment, including all charges, fees, and acquisition expenses.

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