You are a project manager for Waterways Houseboats, Inc. You have been asked to perform a benefit/cost analysis for two proposed projects. Project A costs $2.4 million with potential benefits of $12 million and future operating cost of $3 million. Project B costs $2.8 million with potential benefits of $14 million and future operating costs of $2 million. Which project should you recommend?

A. Project A because the cost to implement is cheaper than Project B
B. Project A because the potential benefits plus the future operating costs are less in value than the same calculation for Project B
C. Project B because the potential benefits minus the implementation and future operating costs are greater in value than the same calculation for Project A
D. Project B because the potential benefits minus the costs to implement are greater in value than the same calculation for Project A


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Project Management Interview Questions

How do you handle conflicts in the Team Management ?

0 Answers   Microsoft,


You are a project manager for Capella Systems. Your company writes custom software for accounting and financial systems for medium- to large-sized corporations. Your recent project has experienced some setbacks, and you've been forced to rework the design of one of the programs because it doesn't match the customer's requirements. Since some parts of the program have already been written, it will have to be rewritten so that it matches the design changes. This rework has increased costs, and you're beginning to notice some signs of poor morale because of the rework. Which of the following is true? A. The problems occurred because the WBS was not constructed properly. B. The quality assurance plan was carried out correctly, which is how the design problems were discovered. C. The problems occurred as a result of poor scope definition. D. The Risk Management Planning process details these kinds of risks and the responses you should put into place should they occur.

0 Answers  


Explain the difference between Project management and IT management.

0 Answers   TCS,


All of the following are types of project closures or endings except: A. Addition B. Integration C. Verification D. Extinction

0 Answers  


How a project is made and deliverd to client? please put all detailed steps internally?

2 Answers   CIT,






You have been hired as a contract project manger for Grapevine Vineyards. Grapevine wants you to design an Internet wine club for their customers. One of the activities for this project is the installation and testing of several new servers. You know from past experience it takes about 16 hours per server to accomplish this task. Since you're installing 10 new servers, you estimate this activity to take 160 hours. Which of the estimating techniques have you used? A. Analogous estimating B. Bottom-up estimating C. Quantitatively based duration D. Reserve time

0 Answers  


what is the use of computer in project management system ?

2 Answers  


What is tracing process? How this can be enabled?

0 Answers  


What are the tools and techniques of the Contract Administration process? A. Contract change control system, payment system, payment requests B. Contract change control system, contract negotiations, payment system C. Contract change control system, contract negotiations, contract changes D. Contract change control system, performance reporting, payment system

0 Answers  


The purpose of the Initiation process is to: A. Formally recognize the existence of a project or project phase B. Formally recognize the need that brought about the project be it marketing demand, customer requests, business need, technological advances, or legal requirements C. Formally recognize the stakeholders of the project and identify them in the project charter D. Formally recognize the project sponsor and document his or her project goals

0 Answers  


You are a project manager in the manufacturing industry. You are using sample variance measurements to monitor the results of the process over time. Which tool and technique of Quality Control are you using? A. Statistical sampling B. Scatter diagrams C. Control charts D. Pareto diagrams

0 Answers  


Which of the following is true regarding the staffing management plan needed for project activities? It is an output of the Resource Planning process. A. It details the resource requirements and the quantity of resources needed for project activities. It is an output of the Resource Planning process. B. It details how and when staff resources will be brought on and take off the project. It is an output of the Organizational Planning process. C. It details how and when staff resources wilt be brought on and take off the project. It is an output of the Resource Planning process. D. It details the resource requirements and the quantity of resources needed for project activities. It is an output of the Organizational Planning process.

0 Answers  


Categories