A Tool Used to Monitor Past Project Schedule Performance and Current

question 97

Multiple Choice

A tool used to monitor past project schedule performance and current performance, and to estimate future schedule trends is a simple line chart known as a

• A) Gantt chart.
• B) network diagram.
• C) PERT chart.
• D) milestone chart.
• E) project control chart.

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Definitions:

IRR (Internal Rate of Return)

The rate of return that brings the total net present value of all cash flows from a given project to zero.

Independent Project

A project whose cash flows are not influenced by the acceptance or non-acceptance of other projects, allowing it to be evaluated on its own merits.

Explicitly Considered

Directly factored into an analysis or decision-making process without assumptions or implications.

Cash Flows

The total amount of money being transferred into and out of a business, particularly in terms of operational activities.