All of the Following Items Describe an Aspect of Life

question 33

Multiple Choice

All of the following items describe an aspect of life cycle costing EXCEPT:

• A) Life cycle cost includes the cost of creating the project and using the result.
• B) Many project selection decisions are made based upon life cycle cost.
• C) Life cycle cost only includes the project cost from initiating through closing
• D) Project managers may need to consider product disposition costs to calculate total life cycle cost.

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Definitions:

Biofuels

Fuels that are derived from biological sources, such as plants and algae, as an alternative to fossil fuels.

Urban Sprawl

The uncontrolled expansion of urban areas into the surrounding countryside, often characterized by low-density residential housing, single-use zoning, and increased reliance on the private automobile.

Urban Renewal

A program of land redevelopment in areas of moderate to high density urban land use, focusing on the rehabilitation or replacement of buildings and infrastructure.

Car And Oil Companies

Businesses that manufacture motor vehicles and those involved in the production, refinement, and distribution of oil, respectively.