See references Marked for review 2. A company has to make a choice between two projects, because the available resources in money and kind are not sufficient to run both at the same time. Each project would take 9 months and would cost $250,000.
The first project is a process optimization which would result in a cost reduction of $120,000 per year. This benefit would be achieved immediately after the end of the project. The second project would be the development of a new product which could produce the following net profits after the end of the project:
1. year: $ 15,000
2. year: $ 125,000 …show more content…
The project came in behind schedule but on budget. The project's deliverables have all been finished. The project came in ahead of schedule but on budget. The project's deliverables have all been finished. The project came in on schedule but over budget.
See references Marked for review 12.
Which should be included in a requirements management plan?
The document should trace requirements to project scope / WBS deliverables. It should describe how requirements activities will be planned, tracked, and reported.
It should trace high-level requirements to more detailed requirements. It should trace requirements to business needs, opportunities, goals, and objectives.
See references Marked for review 13. In a traditionally drawn decision tree, a circle represents ___________. a chance to which no expected monetary value can be assigned so that a likely pay-off can not be shown. a decision to which no expected monetary value can be assigned so that a likely pay-off can not be shown. a chance to which an expected monetary value may be assigned to calculate the most likely