PrepAway - Latest Free Exam Questions & Answers

Choose three

Which of the following steps are involved in a generic cost-benefit analysis process: Each correct answer represents a complete solution. Choose three.

PrepAway - Latest Free Exam Questions & Answers

A.
Compile a list of key players

B.
Assess potential risks that may impact the solution

C.
Select measurement and collect all cost and benefits elements

D.
Establish alternative projects/programs

Explanation:
The following steps are involved in a generic cost-benefit analysis process:
Establish alternative projects /programs
Compile a list of key players
Select measurement and collect all cost and benefits elements Predict outcome of cost and benefits over the duration of the project Put all effects of costs and benefits in dollars
Apply discount rate
Calculate net present value of project options
Sensitivity analysis
Recommendation

Answer option B is incorrect. It is not a valid step.


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