Why Does Project Management Often Involve the Management of Conflict

question 2

Multiple Choice

Why does project management often involve the management of conflict?

• A)Projects often compete with routine operations and other projects for resources and personnel.
• B)Project managers are under greater pressures than other managers in a firm.
• C)Projects are often staffed with the personnel who have the least available expertise.
• D)All items are correct.

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Definitions:

Cumulative Translation Gain

The total gain or loss resulting from the translation of foreign currencies into the functional currency over a period of time.

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as a single entity.

Consolidated SCI

Refers to the consolidated statement of comprehensive income which combines all financial activities of a parent company and its subsidiaries.

Calculate Exchange Gain/Loss

The process of determining the profit or loss from foreign exchange transactions, based on changes in exchange rates.