The ________ of a Project Is the Sum of All

question 4

Multiple Choice

The ________ of a project is the sum of all the costs and benefits associated with the project,using present values to make the costs and benefits comparable.

• A) discounted value
• B) cumulative present value
• C) net present value
• D) gross present value

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Definitions:

Halo Error

A cognitive bias in performance evaluations where one positive quality of an individual disproportionately influences the overall perception of their performance.

360 Degree Assessment

A performance appraisal method that involves feedback from all directions, including self-evaluation, peers, subordinates, and supervisors.

Performance Appraisal

The process of evaluating an employee's performance at work, typically to guide decisions on promotions, pay raises, and training needs.

Behaviorally Anchored Rating Scale

A method for evaluating employee performance based on specific behavioral examples that represent different levels of achievement.