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Questions and Answers
Engineering management involves functions such as planning, organizing, leading, and controlling.
True
SWAT analysis, PEST analysis, and Porter's Five Forces Model are strategic analysis tools used in engineering management.
False
Mission and vision statements play a crucial role in guiding organizational objectives and decision-making processes in engineering management.
True
Strategy formulation involves creating strategies that align with external factors only, ignoring internal capabilities.
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Developing and communicating mission and vision statements are not essential tasks in engineering management.
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Engineering Management covers areas such as financial management, organizational behavior, and supply chain management.
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Project planning, risk management, leadership, and compliance are practical skills essential for effective engineering project oversight.
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Engineering Management aims to equip students and professionals with the knowledge to ensure unsuccessful project delivery while ignoring ethical and quality standards.
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Classical management theories, human relations theory, and contingency theory are key concepts within the field of Engineering Management.
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Analyzing historical developments in management theories within the engineering field is not relevant for effective project leadership in modern contexts.
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