Project Managers Who Understand the Role That Their Project Plays

question 49

Multiple Choice

Project managers who understand the role that their project plays in accomplishing the organization's strategy will be inclined to do all of the following EXCEPT

• A)Demonstrate to senior management how their project contributes to the firm's mission.
• B)Explain to team members why certain project objectives and priorities are critical.
• C)Explain to stakeholders why certain project objectives and priorities are critical.
• D)Be able to respond appropriately to delays and/or questions about product design.
• E)Be able to focus on problems or solutions if the project is a low priority strategically.

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Definitions:

Regressive Tax

A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.

Regressive Income Tax

A tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on low-income earners.

Efficiency

The optimal allocation of resources to ensure the best possible outcome or output.

Equity

Refers to fairness and justice in the distribution of resources and opportunities.