You have been hired by a firm in a non-information-intensive industry to evaluate its inventory of systems and IT projects.Which types of projects should the firm focus on?
A)High-risk projects
B)Low cost,low-benefit projects
C)High-benefit,low-risk projects
D)Any project that might be beneficial
E)Low cost,high benefit projects

Question

Quizplus · Accepted Answer

The firm should focus on high-benefit, low-risk projects. This will ensure that they are maximizing their potential gains while minimizing their potential losses. High-risk projects should be avoided as they come with a higher chance of failure and potential financial losses. Low cost, low-benefit projects may not be worth the investment, while any project that might be beneficial may not have a clear return on investment. Low cost, high-benefit projects could also be considered, but only if they are also low-risk.

You Have Been Hired by a Firm in a Non-Information-Intensive