GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is a continuous series of events with an unlimited life span.
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Its primary use is for completing complex activities.
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It requires a signed contract from stakeholders.
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It involves the coordination of multiple activities.
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Detailed explanation-1: -3. Project time management. Nearly all projects rely on several different timelines and the schedules of multiple people.
Detailed explanation-2: -Which of the following statements is true? Project management is no longer a special-need management. It is rapidly becoming a standard way of doing business. The future promises an increase in the importance and the role of projects in contributing to the strategic direction of organizations.
Detailed explanation-3: -A program manager acts as a coordinator between multiple projects at a business or organization to be sure they’re benefiting each other and aligning with overall business goals. They are different from project managers because they do not directly oversee individual projects.
Detailed explanation-4: -Answer – b. Developing a common understanding involves defining project success, determining potential barriers to success, establishing milestones, and identifying decision-makers.