The Organizational Unit Responsible for Ensuring That Standard Approaches to Project

question 26

Multiple Choice

The organizational unit responsible for ensuring that standard approaches to project management are utilized across projects is called the:

• A) Program Management Office.
• B) PMI.
• C) Portfolio Management Team.
• D) Project Oversight Committee.

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Definitions:

Federal Government

The national government of a federation, which holds authority over the matters that are not delegated to the constituent units.

Potash Inc.

A company or entity involved in the production or supply of potash, a potassium-containing salt used in agriculture, industry, and other sectors.

Operating Synergy

The cost reductions achieved by economies of scales produced by a merger or acquisition.

Economy-of-Scope Advantage

Benefits derived from the ability of a company to produce a variety of products together more efficiently than producing each one of them on its own.