If a company has limited funds and people to pursue several identified needs, then the company
A) should select only those projects that are lowest in cost.
B) should select only those projects that could be done by an external contractor.
C) must go through a decision-making process and select the projects with the greatest benefit.
D) should reduce the project scope of every project.

Question

Quizplus · Accepted Answer

The company must go through a decision-making process and select the projects with the greatest benefit. Simply selecting the lowest cost projects or reducing the project scope of every project may not address the most pressing needs or result in the greatest benefit for the company. It is important to prioritize and evaluate the potential value and impact of each project in order to make informed decisions about where to allocate resources.

If a Company Has Limited Funds and People to Pursue