What Measures the Cost-Effectiveness of a Project

question 71

Multiple Choice

What measures the cost-effectiveness of a project?

• A)economic feasibility
• B)operational feasibility
• C)schedule feasibility
• D)technical feasibility

---

Definitions:

System Reliability

The probability that an entire system or network will function as intended for a specific period under given conditions.

Reliabilities

Measures of the probability that a system or component will perform its required function for a specified period under stated conditions.

Objective

A specific, measurable goal that is designed to be achieved within a specific timeframe to further an individual's or organization's agenda.

Maintenance

The process of preserving or restoring equipment, machines, or systems to ensure they continue to function correctly and efficiently.