Gary Has to Decide Between Attending a 2-Day Art Workshop

question 75

Multiple Choice

Gary has to decide between attending a 2-day art workshop and a 4-day art workshop.If he evaluates only the change in net benefit when he switches between the two options,he is using the technique of ________.

• A) mean analysis
• B) before and after comparisons
• C) optimization using total value
• D) optimization using marginal analysis

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Definitions:

Project Management

The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

Organizations

Groups or institutions comprising individuals working together to achieve common goals or objectives.

Critical Path Method

A project management technique for determining the longest sequence of dependent tasks and scheduling resources to optimize achievement of project objectives.

PERT Chart

A project management tool used to schedule, organize, and coordinate tasks within a project, standing for Program Evaluation and Review Technique.