Answeres needed with explanations please
|.||A company has to make a choice between two projects, because the available resources in money and kind are not sufficient to run both at the same time. Each project would take 9 months and would cost $250,000.
Assumed is a discount rate of 5% per year. Looking at the present values of the benefits of these projects in the first 3 years, what is true?
|Both projects are equally attractive.|
|The first project is more attractive by app. 7%.|
|The second project is more attractive by app. 5%.|
|The first project is more attractive by app. 3%.|
|Which of the following statement(s) on whistleblowing is/are not true?
|Liquidated damages (LDs) are contractually agreed payments in order to...|
|...give the contractor an incentive to meet an aggressive schedule or challenging quality objectives.|
|...penalize the contractor for late completion of a project or failure to meet specifications.|
|...cover the customer's costs caused by late completion or failure to meet specifications by the contractor.|
|...make a bid or proposal binding for the offerer while the customer has time to select among various bidders.|
|What is the meaning of a concept called the "Journey to Abilene"?
|Project managers should visit their customers far more often than what is usual in order to avoid misunderstandings and bad emotions.|
|International projects may have an increased need for traveling which can lead to additional costs and troubles with time zones.|
|Committee decisions can have the paradox outcome, that a jointly made or approved decision is not desired by any individual group member.|
|A project is a temporary endeavor undertaken to create a unique product, service or result. Repeating it would be similar to making the same journey twice.|