The Systems Project Proposal

question 66

Multiple Choice

The systems project proposal

• A) provides management with a basis for deciding whether or not to proceed with the project
• B) supplies an input to the project planning activity
• C) links the objectives of the proposed system to the system's scheduling requirements
• D) prioritizes the proposal in relation to other system proposals

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Definitions:

Net Operating Income

A financial metric that calculates a company's profit after operating expenses are subtracted from operating revenues.

Required Rate

This is the minimum expected rate of return on an investment, dictating the least acceptable compensation for investing capital.

Salvage Value

A prediction of what an asset will be worth on the market at the close of its effective life.

Project Life

The duration from the initiation to the completion of a project, encompassing all stages of development, execution, and finalization.