Reasons to Lyv is the top client of a large marketing firm. Trudy is the president of Reasons to Lyv and has decided to launch a product that leverages new GPS tracking technology. She has high confidence that the project will be a success and asks the marketing firm to make it their top priority by generating a unique campaign that will run in parallel with her project. Billy, a top executive from the marketing company, briefs his team about this unique situation that they have not managed before, and a project is launched shortly thereafter. Trudy’s project came about as a result of what?
Which of the following project selection methods is considered to be the least precise?
All of the following are true regarding projects except for which one?
Which of the following is true about benefit-cost ratio?
You are a senior manager overseeing projects for Fun Days Vacation Packages. You manage projects and weigh the value of each project against the business’s strategic objectives. You also monitor projects to make certain they adhere to those objectives and that you get the most efficient use of resources possible. Which of the following does this scenario describe?