A Project Manager Bases His Time and Labor Estimates on a Learning

question 15

True/False

A project manager bases his time and labor estimates on a learning curve of 86%.The actual learning curve turns out to be 89%.The manager,because of the decreased learning,will complete his project in more time and with more labor use than his estimate suggested.

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Definitions:

Measure

A quantitative or qualitative assessment tool or method used to evaluate, compare, or track performance or productivity.

Motivating Their Workforces

The process or methods by which an organization encourages and stimulates its employees to perform to their highest ability.

Nonprofits

Entities organized for purposes other than generating profit, where surplus revenues are used to further their philanthropic or community-focused objectives.

Competitive Salaries

Wage offerings that are attractive in the job market to lure and retain top talent, often compared to what is offered by other organizations within the same industry.