Which of the following statements is true regarding low grade and low quality?
A. Low grade is a goal, low quality is how you measure it.
B. Low grade and low quality mean the same thing.
C. Low grade is achieved by the team, low quality is determined by the project manager.
D. Low grade is acceptable, low quality is unacceptable.
Donna tells you she is extremely happy that her work was finally noticed. Her project manager sent a note to Donna’s manager about how wonderful her performance on the last project was. As a result, Donna was named Team Member of the Month for her department and received a gift card. In this example, the project manager exercised what type of power?
Steven, the assigned project manager, was given authority by his sponsor to not only staff resources to his team but also manage the team on a day-to-day basis. He decides that he will leverage his title and position to motivate his team to follow his lead. This is an example of what type of power?
Megan is working with her finance department to determine depreciation for a warehouse forklift that was purchased. She is told that accelerated depreciation will be used. If the forklift cost $50,000 and Megan wants to spread the depreciation over five years, which of the following will the first year most likely be?
While determining which project to pursue, your management decides to use net present value (NPV) as the key criteria. If the NPV for Project X is 12,000 and the NPV for Project Y is 15,000, which project should be chosen?
A. Project X
B. Project Y
C. Either can be chosen since the numbers are so close
D. NPV cannot be used to chose projects