The 15-15 Rule States That If a Project Is More

question 40

Multiple Choice

The 15-15 Rule states that if a project is more than 15 percent over budget or 15 percent off the desired schedule,it will:

• A) Likely only have 15% of the desired benefits.
• B) Likely never recoup the time or cost necessary to be considered successful.
• C) Have a small likelihood of ever being adopted by system users.
• D) Likely be cancelled by the project sponsor.

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an underlying asset at a specified price within a predetermined time frame.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specific time period.

Stock Price

The cost at which a share of a company's stock can be bought or sold in the market.

Put Option

A financial contract giving the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a set price within a specific period.