In a scenario where a company has limited resources, which strategy is most effective for prioritizing projects?
Practice Questions
1 question
Q1
In a scenario where a company has limited resources, which strategy is most effective for prioritizing projects?
Choosing projects based solely on employee preference.
Evaluating projects based on potential return on investment and alignment with strategic goals.
Allocating resources equally across all projects.
Focusing on projects that require the least amount of resources.
The most effective strategy is to evaluate projects based on potential return on investment and alignment with strategic goals, which is option 1.
Questions & Step-by-step Solutions
1 item
Q
Q: In a scenario where a company has limited resources, which strategy is most effective for prioritizing projects?
Solution: The most effective strategy is to evaluate projects based on potential return on investment and alignment with strategic goals, which is option 1.
