Each Project Team Member Had a Backup That Could Fill

question 65

Multiple Choice

Each project team member had a backup that could fill in at a moment's notice should another team member fall by the wayside.The project was able to mitigate risks in this fashion thanks to an aggressive:

• A)Mentoring program.
• B)Cross-training program.
• C)Duplication program.
• D)Featherbedding program.

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Definitions:

Rate of Return

A measure of the gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Desired Rate

An anticipated rate of return on investment or interest rate target, often set as a benchmark for financial decisions or investment appraisal.

Present Value Index

A calculation used to assess the profitability of an investment relative to its current cost, by discounting future cash flows.

Total Present Value

The sum of the present values of future cash flows expected from an investment or project, used in evaluating its attractiveness.