GMAT Focus EditionData InsightsMedium
A project manager is analyzing the resource allocation for three ongoing projects: Project Alpha, Project Beta, and Project Gamma. The manager has data on the budget allocated and the number of team members assigned to each project. | Project | Budget Allocated ($) | Number of Team Members | |---|---|---| | Alpha | 250,000 | 10 | | Beta | 300,000 | 15 | | Gamma | 180,000 | 6 | The manager wants to determine which project has the highest budget allocation per team member. Which project has the highest budget allocation per team member, and what is that value?
- AProject Alpha, $30,000
- BProject Beta, $20,000
- CProject Alpha, $25,000
- DProject Gamma, $30,000
Show answer & explanationAnswer & explanation
Correct answer: D. Project Gamma, $30,000
To determine the budget allocation per team member for each project, divide the Budget Allocated by the Number of Team Members. Then, compare these values.
Why the other options are wrong
- A. Project Alpha's value is $25,000, not $30,000. This option is incorrect.
- B. Project Beta: $300,000 / 15 = $20,000. This is not the highest. This option is incorrect.
- C. Project Alpha: $250,000 / 10 = $25,000. This is not the highest. This option is incorrect.
Resource Allocation per Unit
Resource allocation per unit measures the amount of a specific resource (e.g., budget, time) that is assigned or consumed by each unit (e.g., team member, product).
- Calculated by dividing total resource by the number of units.
- Useful for comparing efficiency or investment across different entities.
- Helps in understanding where resources are concentrated.
Memory trick: To see efficiency, divide total resources by the number of people/units.