Asked by
Oscar Venegas
on Nov 07, 2024Verified
If a project manager wants to know which aspects of a project require the closest monitoring to ensure that the project remains profitable, the manager should use the technique known as _____ analysis.
A) Sensitivity.
B) Scenario.
C) Simulation.
D) Financial break-even.
E) Cash break-even.
Sensitivity Analysis
A technique used to determine how different values of an independent variable affect a particular dependent variable.
- Pinpoint the methods and significance of scenario, sensitivity, and simulation analysis in the appraisal of project outcomes.
Verified Answer
HS
Learning Objectives
- Pinpoint the methods and significance of scenario, sensitivity, and simulation analysis in the appraisal of project outcomes.
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