Question

Projects often interact with other projects being carried out simultaneously within the organization, and these interactions take the form of competition for scarce resources between projects. This is an example of project __________.

a) Synergy
b) Dependency
c) Integration
d) Collusion

Answer 1

Within an organization, projects often interact by competing for scarce resources, such as time, funding, or staff, an example of project competition.

Step-by-step explanation:

Projects within an organization often clash over scarce resources such as time, funding, or human capital. This phenomenon is an example of project competition. When multiple projects compete for limited resources, they may influence each other's outcomes by the availability or scarcity of these resources. This competitive interaction contrasts with collusion, where entities may conspire to control resources and outcomes to their collective benefit, as seen in oligopolistic market situations where firms might collude to act as a monopoly.