Project Teams Should Document Project Results and Information for Future

question 22

Multiple Choice

Project teams should document project results and information for future teams. Which of the following is the project management phase in which the teams perform this function?

• A)doing
• B)planning
• C)starting
• D)finalizing

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Definitions:

Profitability Index

A financial tool that calculates the relationship between the costs and benefits of a project, where a value above 1 indicates a profitable project.

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Initial Investment

The amount of money used to start a project, purchase assets, or establish a business foundation.

Simple Rate Of Return

A method of calculating the return on an investment without taking into account compound interest or the passage of time.