Which of the following statements about reward and recognition systems in project management is INCORRECT?
A well-designed reward system should do more than allocate money; it must motivate, reinforce desired behaviors, and align with project objectives. Select the option that does not accurately reflect the purpose or nature of such systems.
Including both monetary and non-monetary forms of recognition.
Boosting morale and reinforcing desired behaviors within the team.
Aligning rewards with individual needs and overall project objectives to be effective.
Providing the sole mechanism for quantitative evaluation of performance via financial incentives.
Option C is incorrect and therefore the best answer because a reward system is not implemented solely to provide quantitative evaluation through financial incentives. According to the PMBOK Guide, effective systems balance tangible (monetary) and intangible (non-monetary) rewards to satisfy individual needs and reinforce desirable behavior. Options A, B, and D correctly describe recognized benefits or design principles of reward and recognition plans.
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Why is financial incentive alone insufficient in a reward and recognition system?
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What are examples of non-monetary recognition in project management?
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How do reward systems align with overall project objectives?
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