The Involves Comparing the Actual Results with Those Predicted by the Project's

question 52

Multiple Choice

The involves comparing the actual results with those predicted by the project's sponsors and explaining why
Any differences occur.

• A)discounted payback
• B)internal rate of return
• C)post-audit
• D)net present value
• E)economic value added

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Definitions:

Decision Tree

A graphical representation of possible solutions to a decision based on certain conditions, used in decision analysis to help identify a strategy most likely to reach a goal.

States Of Nature

Different outcomes or scenarios that can occur in decision-making situations, often uncertain and beyond the control of the decision maker.

Largest Payoff

Refers to the maximum possible gain or benefit that can be achieved in a given situation, often used in game theory and economics.

State Of Nature

A concept in political philosophy used to describe the condition of humanity before the establishment of societal laws and norms.