Why Do Project Managers Need to Understand Their Organization's Mission

question 73

Multiple Choice

Why do project managers need to understand their organization's mission and strategy?

• A) To reduce project duration and increase the number of projects implemented
• B) So they can make appropriate decisions and adjustments and be effective project advocates
• C) It is only important for senior management to understand the organization's mission and strategy
• D) To get their job done and increase opportunities for promotion
• E) So that they can make sure the customer is satisfied

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Definitions:

Contractual Relation

The connection between parties that is established by the terms and conditions of a contract.

Parties

Individuals, groups, or entities that are directly involved in a legal transaction or dispute.

Sarbanes-Oxley Act

A United States federal law enacted in 2002 that sets new or enhanced standards for all U.S. public company boards, management, and public accounting firms, aiming to protect investors from fraudulent financial reporting.

Audit

A systematic examination and evaluation of data or documents by a qualified professional to check their accuracy and compliance with established standards or regulations.