The Job of the Project Manager Is To

question 6

Multiple Choice

The job of the project manager is to:

• A)Control all costs
• B)Control those costs directly controllable by the project organization
• C)Control costs,schedule,and performance of the project
• D)Keep within the budget,no matter what
• E)b and c

Apply Merton's five adaptations to personal social goal achievements.

Describe historical sociological approaches to law and their societal functions.

Explain the concepts of social construction and relativity in the context of crime and deviance.

Understand the role of social institutions in moral regulation processes.

---

Definitions:

Price of Capital

This entails the expenses linked to acquiring and utilizing capital goods, such as machinery, indicating the return investors demand for use of their capital.

Cost-Minimizing

A strategy or process of finding the most efficient way to produce goods or services at the lowest possible cost.

Inputs

The resources (such as labor, capital, materials, and energy) used in the production process to produce goods and services.

Marginal Product

The increase in output that results from employing one more unit of a factor of production, holding all other factors constant.