Successful Project Managers Focus Primarily on Technical Dimensions of Project

question 20

True/False

Successful project managers focus primarily on technical dimensions of project management, which include planning, scheduling, and controlling projects.

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Definitions:

Payment Default

The failure to meet the legal obligations of a loan, such as not making the agreed-upon monthly payments.

Loan Principal

The initial size of the loan or the amount of money borrowed that is still owed, not including interest.

Low-credit-risk Company

A company deemed to have a minimal risk of defaulting on its debt obligations, often due to strong financial health and stability.

Operating Cash Flows

Cash generated from the core business activities of a company, excluding investing and financing activities.