In Which of the Following Project Management Maturity Model Levels

question 18

Multiple Choice

In which of the following Project Management Maturity Model Levels is the focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods?

• A) Ad hoc project management
• B) Formal application of project management
• C) Institutionalization of project management
• D) Management of project management system
• E) Optimization of project management system

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Definitions:

Technology Changes

The process of innovation and improvement in technology, affecting productivity, efficiency, and society's overall way of life.

Depression Phase

An economic downturn marked by a long period of decline in GDP, high unemployment, falling prices, and reduced levels of trade and investment.

Unemployment Rate

The percentage of workers who are jobless and actively seeking positions.

Economic Indicators

Statistics about economic activities that allow analysis of economic performance and predictions of future performance.