The Importance of the Increase in Project Oversight to Today's

question 46

Multiple Choice

The importance of the increase in project oversight to today's project manager includes all of the following except:

• A)Increase in expected profits from projects
• B)Increased interest in supporting and helping the project manager
• C)Impact on the environment in which the project will be implemented
• D)Impact on how the project manager's performance will be measured
• E)The reporting of project progress to an oversight group

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Definitions:

Profit Potential

The capability of a business or investment to generate earnings over a period, indicating its financial viability and attractiveness.

Lifetime Value Analysis

A comparison of the costs of retaining customers and the costs of acquiring new customers, to determine how much money each type of customer requires.

Retaining Customers

Strategies and activities that a business uses to prevent customer defection and to maintain long-lasting relationships with them.

Acquiring New Customers

The process of gaining new consumers or clients for a business's products or services, often involving marketing and sales strategies.