Which of the Following Types of Projects Is Most Likely

question 15

Multiple Choice

Which of the following types of projects is most likely to fail?

• A) integration of an third-party automated payment system
• B) replacement of middleware with Web services for legacy application integration
• C) a business process redesign project that restructures workflow and responsibilities
• D) redesigning a user interface to an online investment site

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Definitions:

Capital

The total value of assets owned by an individual or firm—physical assets plus financial assets.

Opportunity Cost

The cost of the next best alternative foregone as the result of making a decision.

Depreciation

The reduction in the value of an asset over time, often due to wear and tear or obsolescence.

Implicit Cost

The opportunity cost equal to what a firm must give up or forgo in order to use resources in its own operations, not directly paid in money.