Which of the Following Best Describes the Role of a Project

question 29

Multiple Choice

Which of the following best describes the role of a project sponsor?

• A)He or she ensures that a project will meet the needs of his or her organization.
• B)He or she has a passion to see a project succeed and removes barriers to the project success.
• C)He or she provides knowledge and expertise in a particular aspect important to a project.
• D)He or she ensures proper technology staffing for a project.

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Definitions:

Collinearity

A statistical phenomenon where two or more predictor variables in a multiple regression model are highly correlated, making it difficult to isolate the individual effects of each predictor.

Odds Ratio

The odds that y = 1 given that one of the independent variables increased by one unit (odds1) divided by the odds that y = 1 given no change in the values for the independent variables (odds0); that is, Odds ratio = odds1 / odds0.

Estimated Income

An estimate of the revenue anticipated to be generated during a certain timeframe.

Yearly Income

The total pre-tax earnings received by an individual or household over the course of one year from all sources combined.