You Are Managing a Project and Need to Cut the Cost

question 21

True/False

You are managing a project and need to cut the cost of the project.You decide to transfer workers to another job to cut the project's costs.Costs associated with transferring the workers are an example of project indirect costs.

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Definitions:

Target Design

The process of developing products or systems with specific goals and requirements in mind, aimed at meeting the needs of the end-user.

Customer's Desires

The needs or wishes that drive consumers to purchase goods or services.

Group Technology

A product and component coding system that specifies the type of processing and the parameters of the processing; it allows similar products to be grouped.

Time-based Competition

A business strategy focusing on reducing the time required to deliver products and services to gain a competitive advantage.