Projects Are Identified and Selected in the

question 20

Multiple Choice

Projects are identified and selected in the

• A) initiating phase.
• B) planning phase.
• C) performing phase.
• D) closing phase.

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Definitions:

Payoffs

The returns or gains received from an investment or decision, which can vary based on different outcomes or scenarios.

Binary Options

Financial instruments that pay out either a fixed amount or nothing at all, depending on whether a certain condition is met at expiration, typically related to the price movement of a security.

Fixed Amount

A fixed amount refers to a specific quantity or sum of money that does not change over time, often used in financial contexts like investments, payments, or fees.

Specified Event

An occurrence or situation outlined within a contract that triggers certain actions or conditions, often used in insurance and derivatives contracts.