Ultimate success of the project is determined by Whether the project meets speci
ID: 421581 • Letter: U
Question
Ultimate success of the project is determined by
Whether the project meets specifications.
Whether the customer is happy.
Whether the project was under budget.
Whether the project was completed on time.
Whether the project served the purpose it intended.
An organization that has identified an opportunity for long-term outsourcing can expect
Outsourcing project work to a supplier with questionable labor practices can cause a situation called
When a team is able to use identified individual talents to meet a projects given needs is a common characteristic of
Which of the following is true in regard to negotiation when managing projects?
All of the above.Explanation / Answer
1: Ultimate success of project is
Ans:- Whether the project served the purpose it intended.
2:Ans:Lowered administrative cost
Outsourcing can definitely reduce administrative cost
3:And: Realised risk
Risk factor will be there if we don't have confidence over the questionable supplier
4:Ans:Synergy
It is the ability of team to utilise their talent and capabilities with cumulative manner.
5:And: It cannot be viewed as a contest
In project management negotiation deals with delivering their requirements at the right point of time by having a mutual agreement which can optimise the cost, resource and time.
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