Reactive Project Managers

question 1

Multiple Choice

Reactive project managers:

• A) do not consider risks.
• B) prefer to be optimistic.
• C) will develop elaborate risk management programs for their projects.
• D) are more confident in their ability to handle unexpected events without prior planning.
• E) avoid taking risks whenever possible.

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Definitions:

Present Value

The worth at present of a future money amount or cash flow sequences, evaluated using a certain rate of return.

Future Value

The future value of an asset or cash that, on a specific future date, is equal in worth to a given amount today.

Cash Flow

The total financial movement entering and exiting a business, substantially affecting its operational liquidity.

Present Value

The current value of a future amount of money or a series of future payments, discounted at a specific rate.