Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. Which of the following could be a potential method/measure used for project selection a. Weighted scoring b. Cost-benefit analysis c. Internal Rate of Return

3. Which of the following could be a potential method/measure used for project selection a. Weighted scoring b. Cost-benefit analysis c. Internal Rate of Return d. All of the above

7. Which of the following is true of the PMI framework a. It has 49 processes b. It is not a methodology c. It needs to be tailored to a specific project/organization d. All of the above

9. The weighted scoring model a. Uses purely financial measures for decision making b. Uses purely quantitative measures for decision making c. Can use qualitative (ordinal) and/or quantitative measures for decision making d. Is not a decision making technique

10. Which one of the following is true of project closure a. All project closure considerations are started towards the very end of a project (or phase) b. Project closure commences after the project (or phase) has been formally completed c. Project closure is essentially about signing off on contractual documentation d. Project closure considerations should ideally be on the radar of the project team and project manager as early in the project as possible

12. Enterprise Environmental Factors (EEFs) could include which of the following? a. Employee skills and expertise b. Information technology capabilities c. Market conditions d. All of the above

14. In a project-oriented organizational structure, the project manager is likely to a. Be managing several projects at a time b. Have a low level of authority c. Be managing the project budget d. Also be the project sponsor

These questions were answered wrong in a previous question.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Restaurant From Concept To Operation

Authors: John R Walker

5th Edition

0471740578, 9780471740575

More Books

Students also viewed these General Management questions

Question

1. To gain knowledge about the way information is stored in memory.

Answered: 1 week ago