What Oversight Has Occurred in the Following Example? the Price

question 18

Multiple Choice

What oversight has occurred in the following example? The price is reduced by 400% because it was $1 and is now just 25 cents.

• A) use of too large percentages
• B) percentage decreases can not exceed 100%
• C) use of too small a base
• D) averaging percentages
• E) percentages cannot exceed 100%

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Definitions:

Critical Path Method

A step-by-step project management technique for process planning that defines critical and non-critical tasks with the goal of preventing time-frame problems and process bottlenecks.

Program Evaluation

The systematic method for collecting, analyzing, and using information to answer questions about projects, policies and programs, particularly about their effectiveness and efficiency.

Review Technique

A systematic process or method used to analyze or evaluate something in order to derive insights, find improvements, or assess performance.

Gantt Chart

A visual project management tool that outlines a project schedule, showing the start and finish dates of elements in a project, often used to track project progress.