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Question
"Outsourcing to provide extra workers during periods of peak workloads can be much more economical than trying to fill entire projects with internal resources." Which of the following advantages does this characteristic of outsourcing provide organizations?a. Offers control over all aspects of projects that suppliers carry out
b. Provides a company flexibility in staffing
c. Shifts accountability from external suppliers to internal staff
d. Helps avoid any form of dependency on suppliers
Answer
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Related questions
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A(n) _____ is a tool that helps clarify expectations and lists project measures of success as well as priorities, expectations, and guidelines related to each measure.
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The project sponsor, project team and the support staff would be the _____ project stakeholders.
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_____ can be classified as internal to the organization or external.
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Issue logs can be used to address issues related to other knowledge areas like project scope management or project quality management.
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Sensitive information can be included in the stakeholder register as very few people in the organization have access to it.
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Groups representing consumer, environmental, or other interests can be identified as project stakeholders.
a. True
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The main output of the identifying stakeholders process is the project charter.
a. True
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a. True
b. False
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What are some of the advantages that outsourcing offers which is encouraging many companies to adopt it?
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A(n) _____ type of e-procurement that sends requests for information and prices to suppliers and receives the response of suppliers using Internet technology.
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Explain the basic steps involved in performing a Monte Carlo analysis.
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A(n) _____ is a list of risks that are low priority, but are still identified as potential risks.
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The term _____ is used to describe risks that the project team has identified and analyzed.
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_____ is the amount of satisfaction or pleasure received from a potential payoff.
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A project _____ is an uncertainty that can have a negative or positive effect on meeting project objectives.
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_____ applies to positive risks when the project team cannot or chooses not to take any actions toward a risk.a. Risk enhancement b. Risk acceptancec. Risk sharing d. Risk exploitation
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_____ involves allocating ownership of the risk to another party.a. Risk exploitation b. Risk sharingc. Risk enhancement d. Risk acceptance
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_____ involves shifting the consequence of a risk and responsibility for its management to a third party.a. Risk avoidance b. Risk acceptancec. Risk transference d. Risk mitigation
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_____ involves doing whatever you can to make sure the positive risk happens.a. Risk exploitation b. Risk sharingc. Risk enhancement d. Risk acceptance
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_____ involves reducing the impact of a risk event by reducing the probability of its occurrence.a. Risk avoidance b. Risk acceptancec. Risk transference d. Risk mitigation
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Identifying risks is a subprocess of the _____ process of project risk management.a. planning b. executingc. monitoring and controlling d. closing