What Is a Purpose of a Benefits Review Plan

question 62

Multiple Choice

What is a purpose of a Benefits Review Plan?

• A) Provide information regarding unfinished work to the group which will support the project's products in their operational life
• B) Give a detailed analysis of only those benefits that were realized before the project closed
• C) Document the justification for undertaking the project, based on the estimated costs versus the anticipated benefits
• D) Provide details of the time and effort needed to carry out the planned benefits reviews

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Definitions:

John Maynard Keynes

A British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments, emphasizing the importance of government intervention during economic downturns.

Milton Friedman

An influential American economist known for his strong belief in free-market capitalism and for winning the Nobel Prize in Economic Sciences in 1976.

Classical Economists

Economists from the 18th and 19th centuries who focused on the free market, advocating for limited government intervention.

Keynesian

Relating to the economic theories of John Maynard Keynes, advocating for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression.