Choose the best definition for a project management methodology. 3.Choose the best definition for a project management methodology. 1 / 1 point A project management methodology is a set of guiding laws and measures for owning a project through its life cycle. A project management methodology is a set of guiding tasks and measurements for owning a project through its life cycle. A project management methodology is a set of guiding principles and processes for owning a project through its life cycle. ✓ A project management methodology is a set of guiding ethical values for operating a project through its life cycle. Correct Related Questions & Answers: Which of the following are important project management responsibilities? Select all that apply. 4. Which of the following are important project management responsibilities? Select all that apply. 1 / 1 point Managing tasks ... Read more... As a project manager, you learn that the stakeholders are changing the nature of the project and the team’s deliverables will change as a result. You aren’t sure how this will affect the team’s tasks. How will you handle this ambiguity and deliver the news to the team? 6. As a project manager, you learn that the stakeholders are changing the nature of the project and the team’s ... Read more... Which project management methodology is organized in sequential phases (including initiating, planning, executing, and closing)? 4.Which project management methodology is organized in sequential phases (including initiating, planning, executing, and closing)? 1 / 1 point DMAIC methodology Waterfall ... Read more... You expect that a project will bring in $15,000 USD in revenue per year. You estimate it will cost $10,000 up front. You also estimate costs of $100 per month for the first 12 months, which equals $1,200 per year. Using the formula (G-C) ÷ C = ROI, how would you calculate the project’s return on investment (ROI) after the first 12 months? 8. You expect that a project will bring in $15,000 USD in revenue per year. You estimate it will cost ... Read more... What step could the company have taken to avoid scope creep? 3. Consider the following scenario: A new company project isn’t going well. The company hires outside evaluators to review the ... Read more... Which of the following responsibilities does project management include? 1. Which of the following responsibilities does project management include? 1 / 1 point Apply technical expertise to execute the project’s day-to-day tasks ... Read more...