Which Statement About Organization for Project Management Is BEST

question 10

Multiple Choice

Which statement about organization for project management is BEST?

• A)The overall structure of the organization specifies how project team members should communicate with the project manager.
• B)The internal project team structure specifies the arrangement of all units or interest groups participating in the development of the project.
• C)Two distinct organizational structures operate simultaneously within the project management context: the organizational structure and the project team structure.
• D)All of these statements are correct.

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Definitions:

Arithmetic Average

A statistical measure of central tendency calculated by summing a set of values and dividing by the number of values in the set.

Geometric Average

A method of calculating the average rate of return that accounts for compounding, commonly used for investment portfolios.

Total Returns

Total returns include all sources of investment return including capital gains, dividends, and interest, measured over a specific time period.

Variance

A statistical measure of the dispersion of data points in a data series around the mean.