When a project starts as a high priority but its rank erodes or crashes during its project life cycle resulting in closure of the project, this is an example of changed priority project closure.

Answer the following statement true (T) or false (F)


True

Organizations' priorities often change and strategy shifts directions. For example, during the 2008-2010 financial crisis organizations shifted their focus from money making projects to cost savings projects. The oversight group continually revises project selection priorities to reflect changes in organizational direction. Projects in process may need to be altered or canceled. Thus, a project may start with a high priority but see its rank erode or crash during its project life cycle as conditions change. When priorities change, projects in process may need to be altered or canceled.

Business

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a. True b. False Indicate whether the statement is true or false

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Joe was a new hire last year. His individual appraisal rating was a 2.0 on a 4-point scale. The average of all the new hires’ appraisals from last year was a 3.0 and the average of the organization’s appraisals was a 3.5. What was the overall new hire performance ratio?

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