27. Examples of nonfinancial criteria include all of the following EXCEPT The payback measures the time it will take to recover the project investment. It is considered a financial criterion. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Learning Objective: A Portfolio Management System Level of Difficulty: 1 Easy 28. of the following is true of multiweighted scoring models? A weighted scoring model typically uses several weighted selection criteria to evaluate project proposals. Weighted scoring models will generally include qualitative and/or quantitative criteria. Each selection criterion is assigned a weight. Scores are assigned to each criterion for the project, based on its importance to the project being evaluated. The weights and scores are multiplied to get a total weighted score for the project. Using these multiple screening criteria, projects can then be compared using the weighted score. Projects with higher weighted scores are considered better. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Learning Objective: A Portfolio Management System Level of Difficulty: 3 Hard
27. Examples of nonfinancial criteria include all of the following EXCEPT The payback measures the time it will take to recover the project investment. It is considered a financial criterion. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Learning Objective: A Portfolio Management System Level of Difficulty: 1 Easy 28. of the following is true of multiweighted scoring models? A weighted scoring model typically uses several weighted selection criteria to evaluate project proposals. Weighted scoring models will generally include qualitative and/or quantitative criteria. Each selection criterion is assigned a weight. Scores are assigned to each criterion for the project, based on its importance to the project being evaluated. The weights and scores are multiplied to get a total weighted score for the project. Using these multiple screening criteria, projects can then be compared using the weighted score. Projects with higher weighted scores are considered better. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Learning Objective: A Portfolio Management System Level of Difficulty: 3 Hard
Test-Bank-Project-Management-6th-Edition-Larson.docx