What is "management by wandering around" and why would it be useful to project managers?

Fill in the blank(s) with the appropriate word(s).


Answer will vary

Management by wandering around (MBWA) is the spending of time outside the office and making contact with key players to keep abreast of developments, anticipate potential problems, provide encouragement, and reinforce the objectives and vision of the project.

Business

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Which of the following statements about a manager's worklife is not among the findings of management scholar Henry Mintzberg?   

A. Managers work long hours. B. Most managerial tasks require lengthy periods of time for completion. C. Managers rely more on verbal than on written communication. D. Managers work at an intense pace. E. Managers' work is characterized by variety.

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An audit is part of which type of investigative method?

a. theft b. conversion c. concealment d. inquiry

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The process through which analysts sift through massive amounts of available data to identify unique patterns of behavior among different customer groups is called ________

A) structuring data B) information overload C) reality mining D) data warehousing E) data mining

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If indirect costs are a significant percentage of total project costs, reductions in project time can represent very real savings.

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

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