Which of the following is not one of the sources of authority for a project manager?
Delegation from subordinates
A project manager needs authority to effectively lead the project team, make decisions, and manage resources. This authority typically comes from formal sources established within the organization and the project governance structure.
Let's examine the given options to determine which one is NOT a standard source of authority for a project manager:
Based on the analysis, it is clear that authority is delegated from senior management to the project manager, defined by the job description, and formalized in the project charter. Authority is not delegated *upwards* from subordinates to the project manager.
Therefore, delegation from subordinates is not one of the sources of authority for a project manager.
An interface between the functional application and the data is
The following statements relate to project network. Choose the correct code for the statements being correct or incorrect.
Statement I: An activity cannot be represented by more than one arrow, but an arrow can represent one or more activities.
Statement II : The activities in a critical path can be preponed or postponed.
A public limited company has 9,00,000 shares outstanding at current market price of Rs. 130 per share. The company needs Rs. 2.25 crores to finance its proposed new project. The board of the company has decided to issue rights shares to raise the required money at Rs. 75 per share (as subscription price) to ensure that the rights issue is fully subscribed. How many rights are required to purchase a new share ?
What are the characteristics of job shop production ?
A. Different product types are produced
B. Very large quantities are produced
C. Single type of product is produced
D. Low quantities of product are produced
Match List I with List II
LIST I (Project Network concepts) | LIST II (Underlying meaning) | ||
| A. | Crashing an activity | I. | Length of the longest path through the project network |
| B. | Project Network | II. | It shows the time and cost when the activity is fully crashed |
| C. | Critical path | III. | It consists of a number of nodes and a number of arcs that connects two different nodes |
| D. | Crash point | IV. | Taking special (costly) measures to reduce the duration of an activity below its normal value |
Choose the correct answer from the options given below: