Qustions 1:
Under the discounted cash flow approach, the project is acceptable if the--
a.
Sum of the net present value of all estimated cash flow over the life of the project equals the profit
b. Present value of the inflow is greater that the present value of the outflow by a specified amount or percentage
c. Net present value of all future expected cash flow divided by the initial cash investment is greater than one
d. Payback period occurs by the second year of the project
Qustions 3:
At a minimum, the project charter should--
a.
Describe the responsibilities and authority of the project manager and functional managers
b. Discuss the risks and constraints of the project and the plan to address those concerns
c. Designate the organizational structure of the project
d. State the business goals of the performing organization
Qustions 5:
A scope change is one that--
a.
Modifies the project’s agreed-upon scope as defined by the WBS