Describe what project governance means to project management. Why is it important to organizational strategy?
Fill in the blank(s) with the appropriate word(s).
Answer will vary
Project governance means applying a set of knowledge, skills, tools and techniques to a collection of projects in order to move the organization toward its strategic goals.
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In determining lifetime value for individual customers, customer acquisition costs are determined by:
A) dividing advertising costs by the number of customer transactions B) dividing the total marketing and advertising costs by the number of new customers C) dividing the total marketing and advertising costs by the number of total customers D) dividing the advertising costs associated with acquiring new customers by the number of new customers
Chad was interviewing for jobs, and the HR manager at one firm told him that the company pays the total health insurance costs for a family of four. As a single man, this benefit did not seem especially important to him right now. Here, Chad is low on the ______ element of the expectancy theory.
A. valence B. instrumentality C. outcomes D. expectancy E. significance
Sanctions usually are imposed to
A. exact retribution for past conflicts. B. protect an infant industry. C. increase the cost of doing business in the sanctioned nation for foreign competitors. D. inflict economic harm on a nation to punish or force change.
Selling and administrative expenses incurred in generating revenues during the current period are often referred to as ________ costs
a. conversion b. period c. product d. prime