With Respect to Acquiring Resources,there Is a High Potential for Conflict

question 31

Essay

With respect to acquiring resources,there is a high potential for conflict between the functional manager and the project manager.Describe a major source of that conflict and suggest how it can be managed properly.

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Definitions:

Bearing Risk

The action or practice of assuming the potential for loss or danger in a financial operation or investment.

Dollar Return

The total amount of money gained or lost on an investment, expressed in dollars.

Preferred Stock

A class of ownership in a corporation with a specified dividend that is paid out before dividends to common stockholders and typically does not carry voting rights.

Annual Dividend

The total dividend payment a shareholder receives from a company in one year, often expressed as an amount per share.