All of the Following Are the Functions of a Project

question 57

Multiple Choice

All of the following are the functions of a project management office EXCEPT:

• A) it maintains the organization's project management policies and procedures.
• B) it supervises the project managers.
• C) it monitors project performance.
• D) it assigns project managers from other departments but does not procure contract project managers.
• E) it provides functional support to projects like project scheduling and project cost analysis.

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Definitions:

Earnings Per Share

A company's profit divided by the number of outstanding shares of its common stock, indicating the company's profitability.

Quick Ratio

A liquidity indicator that measures a company's ability to meet its short-term obligations with its most liquid assets.

Marketable Securities

Financial instruments that can be easily converted to cash, typically within one year, such as stocks or bonds.

Inventory

The raw materials, work-in-progress products, and finished goods that are considered to be part of a business's assets that are ready or will be ready for sale.