IS ________________________ Is a Directed Effort to Plan, Organize, and Manage

question 27

Multiple Choice

IS ________________________ is a directed effort to plan, organize, and manage resources to bring about the successful achievement of specific IS goals.

• A) business process improvement
• B) organizational planning
• C) project management
• D) strategic development

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Definitions:

Over Budget

A situation where the actual spending exceeds the planned or allocated budget for a project or operation.

Under Budget

Refers to a situation where the actual spending is less than the amount that was allocated or anticipated for a specific period or project.

Fixed Budgets

Financial plans that allocate a predetermined amount of resources for a specific period, not allowing for modifications based on actual income or expenses.

Policies and Procedures

Established guidelines and methods of operation that an organization sets to regulate its activities and achieve objectives efficiently and in compliance with legal standards.