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Questions and Answers
Which of the following is NOT considered a resource in organizational studies?
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?
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?
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?
What is the efficient and effective development of an organization's resources when they are needed called?
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What is one of the components of a comprehensive project management plan?
What is one of the components of a comprehensive project management plan?
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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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