Free PMI Project Management Professional (PMP) Practice Question

The correct answer is false because a reward system within a project is multifaceted and includes both quantitative and qualitative recognition methods. It serves not only to recognize performance through monetary rewards but also to boost morale, encourage desired behaviors, and enhance team motivation and commitment to the project goals through various forms of recognition. For instance, public acknowledgment, career development opportunities, and additional responsibilities are other ways to reward team members that do not necessarily involve direct financial compensation.