The Project Management Concept That Can Be Best Applied to Situations

question 4

Multiple Choice

The project management concept that can be best applied to situations such as R&D,computer systems design,and military invasions is:

• A)PERT
• B)CPM
• C)Gantt chart
• D)a and c
• E)None of the above

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Definitions:

Core Competency

A set of knowledges and skills that make the organization superior to competitors and create value for customers.

Strategic Planning

The process of defining a business's strategy or direction and making decisions on allocating resources to pursue this strategy.

Propensity Analysis

The use of statistical techniques to predict the likelihood of a specific event or behavior occurring.

Outsourcing

The practice of delegating certain tasks or functions to external parties or contractors instead of handling them in-house.