The Maturity Models Presented in This Chapter All Demonstrate That

question 12

Multiple Choice

The maturity models presented in this chapter all demonstrate that:

• A)Project management maturity must have at least three levels.
• B)Project management maturity tends to stagnate and then improve in a sudden burst to the next level.
• C)Project management maturity can be measured only imprecisely.
• D)Project management maturity is an ongoing process based on continuous improvement.

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Definitions:

Internal Rate Of Return

The required rate of return that achieves a net present value of zero across all cash flows from a given project.

Required Rate Of Return

The minimum annual percentage earnings needed from an investment to make it worthwhile for the investor, considering the risk involved.

Investment

Assets or items acquired with the goal of generating income or appreciation in value over time.

Cash Flows

The total amount of money being transferred into and out of a business, considered essential for assessing the financial health of a business.