Match Each of the Following Terms with Its Definition

question 43

Multiple Choice

Match each of the following terms with its definition.
-A major outcome and deliverable from the project initiation and planning phase that contains the best estimate of a project's scope,benefits,costs,risks,and resource requirements.

• A)Baseline Project Plan
• B)discount rate
• C)economic feasibility
• D)intangible benefit
• E)intangible cost
• F)legal and contractual feasibility
• G)operational feasibility
• H)one-time cost
• I)political feasibility
• J)present value
• K)recurring cost
• L)schedule feasibility
• M)Project Scope Statement
• N)tangible benefit
• O)tangible cost
• P)technical feasibility
• Q)walkthrough

---

Definitions:

Discount Rate

It refers to the discount rate applied in discounted cash flow analysis to calculate the current value of future cash flows.

Investment in Equipment

Capital expenditure on physical assets like machinery and equipment intended to be used in the production of goods or services.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in consistent annual amounts.

Remodelling

The process of updating or altering the structure, layout, or appearance of an existing building or space.