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Natalija [7]
3 years ago
5

Agile project management is superior to traditional project management in which of the following situations?

Business
1 answer:
OleMash [197]3 years ago
8 0

Answer:

The correct answer is (d) when you have a small, experienced team assigned to work on the project .

Explanation:

Agile project management is a project management methodology that is defined by its signature iterative and incremental approach to achieving requirements throughout the project life cycle. Its particularly suited for small dynamic projects and relies heavily on teamwork.

Traditional project management is a project methodology that emphasizes on a sequential predetermined approach to the project life cycle. The procedures to be followed throughout every phase of the project's life is already laid out. Changes to the laid down plan are not anticipated.This project management style is preferred  for larger projects.

In conclusion,when you have a small, experienced team assigned to work on the project  then you should utilize the agile project management style. Since the team is small, they are more suited to handle a smaller or medium project and  will have to rely more on their teamwork to ensure project success. A traditional project management approach would require a bigger team whose experience wouldn't add any substantial edge since the project plan is already laid out. Additionally, a traditional project management approach is inherently personnel intensive, whereas the available personnel is smaller.

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Explanation:

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Typically, when economists say that the demand for labor is a derived demand, what they do really mean is that, this demand for labor is related to the demand by the consumers for the product or service labor is producing.

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The producer surplus from selling the additional unit of the product given the selling price and the cost of production is $9.

<h3>What is producer surplus?</h3>

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To learn more about producer surplus, please check: brainly.com/question/15282739

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