Evaluating Project Benefits And Value Flashcards
1
Q
Evaluates the feasibility of the project to determine the basis for the authorization of further project management activities
A
Project business case
2
Q
Defines the processes for creating maximizing and sustaining the benefits provided by the project
A
Project benefits management plan
3
Q
What is cof
A
Cost of funds
4
Q
What is irr
A
Internal rate of return
5
Q
Is 10 percent a good cost of funds?
A
Yes 10 percent is good, lower is better for cost of funds.
6
Q
What is npv
A
Net present value
7
Q
Formula for npv (net present value)
A
The sum of the present values of the future cash inflows minus the project investment. Higher npv the better
8
Q
What is nps
A
Net promoter score
9
Q
Nps =
A
Percent of promoters - percent of detractors
