Governance of All Project Management Processes and Procedures Helps Provide

question 41

Multiple Choice

Governance of all project management processes and procedures helps provide senior management with all of the following EXCEPT

• A)A method to ensure projects that are important to senior management are being implemented.
• B)An assessment of the risk their portfolio of projects represents.
• C)An overview of all project management activities.
• D)A metric to measure the improvement of managing projects relative to others in the industry.
• E)A big picture of how organizational resources are being used.

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Definitions:

Cost of Debt

The effective rate that a company pays on its borrowed funds from external sources.

Cost of Capital

The rate of return a company must earn on its investments to maintain its market value and satisfy its investors and creditors.

Financial Decision Making

The process of making choices related to investments, budgeting, and spending strategies to optimize financial goals.

Top Managers

Executives at the highest level of organizational management who are responsible for the overall direction and success of the company.