Which of the following demonstrates the quality of flexibility required of a project selection model?
A)It does not require special interpretation,data that are difficult to acquire,or excessive personnel.
B)It gives valid results within the range of conditions that the firm might experience.
C)It reflects the multiple objectives of both the firm and its managers.
D)It deals with situations both internal and external to the project.

Question

Quizplus · Accepted Answer

The quality of flexibility required of a project selection model means that it should be able to give valid results within the range of conditions that the firm might experience, allowing for adaptability and adjustability to changing situations. Options A, C, and D are important qualities of a project selection model, but they do not necessarily relate to the flexibility aspect.

Which of the Following Demonstrates the Quality of Flexibility Required