QuestionQ443

Project Management Concepts

A project sponsor wants to use ROI to decide whether the project should be approved. Which option best describes what the project sponsor requires?

  • A An analysis of the current situation and the desired outcome
  • B A document with the description of project deliverables and vendor's responsibilities
  • C A description of the value that the project will bring to the company after the investment
  • D An analysis of the costs related to normal operations of the company
Explanation

Return on investment assesses the benefit or value expected from a project relative to its investment cost. A description of the value the project will provide to the company after the investment supplies the benefit side of that assessment.

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