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BAL SECTION 2: Mult answer sheet for SECTION2 1. A project has payback period of

ID: 324982 • Letter: B

Question

BAL SECTION 2: Mult answer sheet for SECTION2 1. A project has payback period of two years. What does that mean? a. It will take the project two years before they start to incur costs b. The project will be completed in two years c. The company will receive the profits for the first two years of the project d. It will take the project two years to cover the initial investment and start generating revenue Two projects have exactly the same payback period but project A has a smaller IRR than project B. You should choose? 2. a. Project A b. Project B c. There is no difference d. There is not enough information available Which of the following is NOT one of the characteristics of multi-weighted scoring models? 3. Each criterion is assigned a weight a. b. Might contain quantitative criteria Might contain qualitative criteria Projects with lower scores are prioritized c. d. 4. One of the methods used in comparing project constraints is a. Work breakdown structure b. Work package c. Trade-off matrix d. Responsibility matrix 5. What are the first 4 stages of team development? Forming, Storming, Norming, Performing a. b. c. d. Enthusiasm, Hope, Panic, Solution Assignment, Kickoff, Training, Communicating Direction, Motivation, Cooperation, Collaboration 6. Which of the following is a good objective? a. Construct a building b. Implement a new telecommunication system c. Lay 200 bricks by tomorrow d. Develop a program for proving network maintenance

Explanation / Answer

1. d. It will take the project two years to recover the initial investment and start generating revenue.

2. b. Project B

because the investor will actually have more cash flow as higher IRR will ensure higher the difference on capital.

3. c. might contain qualitative criteria

4. c. Trade-off matrix

5. a. Forming, Storming, Norming, Performing

6. d. Develop a program for proving network maintenance.