Exam 18: Project Management for New Products and Processes

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In general,the most important dimension for evaluating project success is _____.

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_____ is associated with the minimum necessary spending on project activities because there is no urgency to complete the project as soon as possible.

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PERT and CPM differ regarding the notion of a critical path.

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With really large and complex projects,the PERT calculations can be done by hand.

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_____ is the interaction of elements that,when combined,produce a total effect that is greater than the sum of the individual elements.

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When using the equation Estimate - Actual result = Error to collect data,it is possible to evaluate estimators in terms of _____.

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_____ is responsible for managing the inventory of knowledge that exists in the company.This includes the ability to find,select,and absorb new knowledge to add to the prior encyclopedic storehouse.

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One rule that applies to a company's new product selection is to choose products that have attributes that are familiar to management because of existing experiences.It is usually best to play to one's strengths (core competencies).

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Below are four project life cycle stages.There are five.Which one is missing? (1) describing the goals;(2) planning the project;(3) carrying out the project;(4) completing the project;(5) _____.

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What is the fundamental idea of resource leveling?

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