Answered: Which of the following is most…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Related questions

Question

Which of the following is most important for project managers?

A. To take care to operate within the law

B. To have a good knowledge of commercial law

C. To have a god knowledge of contract law

D. To know more than one legal system

Expert Solution

Step 1

Project managers play lead role in planning, executing, monitoring, controlling and closing the projects. They form accountable for the entire project scope, project team and resources, success and failure of the projects.

A project manager charged with multiple responsibilities are generally considered to be the change agents and they make project goals their own and use their skills and expertise so as to inspire a sense of mutual and shared purpose within the project team.