Resource Management Quiz

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Questions and Answers

Which of the following is NOT considered a resource in organizational studies?

  • Project management (correct)
  • Inventory
  • Human skills
  • Financial resources

What is one of the key elements to execute and monitor a project successfully?

  • Cross-functional resource allocation
  • Project human resource management
  • Activity resource estimating
  • Resource management (correct)

Which organization has developed processes and techniques for resource allocation in project management?

  • Organizational Studies Institute (OSI)
  • Resource Management Institute (RMI)
  • Project Management Institute (PMI) (correct)
  • Project Management Body of Knowledge (PMBOK)

What is the efficient and effective development of an organization's resources when they are needed called?

<p>Resource management (D)</p> Signup and view all the answers

What is one of the components of a comprehensive project management plan?

<p>Resource management (B)</p> Signup and view all the answers

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Study Notes

Organizational Studies and Project Management

  • Time is NOT considered a resource in organizational studies.
  • One key element to execute and monitor a project successfully is resource allocation.
  • The Project Management Institute (PMI) has developed processes and techniques for resource allocation in project management.
  • The efficient and effective development of an organization's resources when they are needed is called resource allocation.
  • Resource allocation is one of the components of a comprehensive project management plan.

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