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 prediction with stats/empirical.
- Estimate to Complete (ETC): Forecasts remaining work, but narrower.
- Estimate at Completion (EAC): Predicts total cost at end, but specific.
- Quantitative metrics: Use empirical/stats to predict trends/outcomes, matching the description.
Brief Explanations
- Cost - Benefit Ratio: Compares total costs and benefits, not specifically future inflows vs initial/ongoing.
- Return on Investment (ROI): Measures return relative to investment, not focused on inflows vs costs in the described way.
- Net Present Value (NPV): Calculates if present value of future inflows exceeds initial and ongoing costs (by discounting future cash flows).
- Business Value Metrics: A broad term, NPV is a specific metric for this comparison.
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D. Quantitative metrics