An Analysis Carried Out During and Shortly After the Project

question 62

Multiple Choice

An analysis carried out during and shortly after the project life cycle that attempts to capture positive and negative learning is represented in which of the following?

• A)Scenario analysis
• B)Variance analyses
• C)Lessons learned
• D)Performance evaluation
• E)Strategic objectives

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Definitions:

Innovation

The process and outcome of creating something new or improved, including products, services, processes, or business models, that adds value.

Marginal Cost

The expense for creating a supplementary unit of a product or service.

Market Interest Rate

The prevailing rate at which borrowers are willing to borrow money and lenders are willing to lend in the financial market.

Needed Financing

The amount of money required to fund a project, venture, or cover operational expenses not met by current revenues.