Good project management allows firms to efficiently

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Reference no: EM132238135

1. Good project management allows firms to efficiently create products and services for local markets and to respond effectively to competitive local markets.

True

False

2. The critical path is a continuous path through the project network that 1. Starts at the first activity in the project 2. Terminates at the last activity in the project 3. Includes only activities with a slack more than zero.

True

False

3. To create goods and services, all organizations perform three functions: Marketing, Production/operations, and Finance/accounting.

True

False

4. Forecasting is defined as the art and science of how to prepare, monitor, and judge the accuracy of future events by not looking at historical data.

True

False

Reference no: EM132238135

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