Which Phase in the Project Life Cycle Involves Evaluating Expected

question 72

Multiple Choice

Which phase in the project life cycle involves evaluating expected costs, benefits, and risks?

• A) conception
• B) feasibility analysis or study
• C) planning
• D) execution
• E) termination

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Definitions:

Quantitative

Refers to a research method that focuses on obtaining data through empirical observations and statistical, mathematical, or numerical analysis.

Salespeople

Salespeople are individuals who promote and sell products or services to customers, often as representatives of a company.

Buyers

Individuals or organizations that purchase goods or services for personal use, resale, or production purposes.

Reservations

The act of booking in advance to secure a service or product, commonly used in contexts such as hospitality, travel, and dining.