QUESTION IMAGE
Question
which metric provides a prediction of future trends and outcomes by relying on empirical evidence and statistical methods?
○ throughput analysis
○ estimate to complete (etc)
○ estimate at completion (eac)
○ quantitative metrics
question 2
1 pts
which metric assesses whether the projects future inflows outweigh the initial and ongoing costs?
○ cost - benefit ratio
○ return on investment (roi)
○ net present value (npv)
○ business value metrics
Response
Question 1
Brief Explanations
- Throughput Analysis: Focuses on process efficiency, not predicting trends with stats.
- Estimate to Complete (ETC): Estimates remaining work, not a general predictive metric.
- Estimate at Completion (EAC): Estimates total cost at completion, not a broad trend predictor.
- Quantitative metrics: Use empirical/statistical methods to predict future trends/outcomes.
Brief Explanations
- Cost - Benefit Ratio: Compares total costs to total benefits, but not specific to project inflows vs costs over time.
- Return on Investment (ROI): Measures return relative to investment, not directly about inflows vs initial/ongoing costs.
- Net Present Value (NPV): Calculates if the present value of future inflows exceeds initial and ongoing (discounted) costs.
- Business Value Metrics: A broad term, NPV is a specific metric for this assessment.
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D. Quantitative metrics