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What is Business Acumen? Project Management in Under 5

What is Business Acumen? Project Management in Under 5

Assessment

Interactive Video

Business

12th Grade - University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video explains business acumen as the ability to make sound decisions in a business context. It covers understanding how businesses operate, create value, and manage risks. The importance of business acumen in project management is highlighted, emphasizing the need for project managers to understand the business context of their projects. Professional development in strategic and business management is also discussed, with references to PMI and APM requirements.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does strategic decision-making play in business acumen?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How can project managers benefit from having business acumen?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Talent Triangle and how does it relate to business acumen?

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