In a scenario where a company has limited resources, which strategy is most effe

Practice Questions

Q1
In a scenario where a company has limited resources, which strategy is most effective for prioritizing projects?
  1. Choosing projects based solely on employee preference.
  2. Evaluating projects based on potential return on investment and alignment with strategic goals.
  3. Allocating resources equally across all projects.
  4. Focusing on projects that require the least amount of resources.

Questions & Step-by-Step Solutions

In a scenario where a company has limited resources, which strategy is most effective for prioritizing projects?
  • Step 1: Understand Limited Resources
  • Step 2: Identify Projects
  • Step 3: Evaluate Return on Investment (ROI)
  • Step 4: Check Alignment with Goals
  • Step 5: Prioritize Projects
  • Step 6: Choose the Best Strategy
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