If a project has optionality,:
A)the shorter the available life of the project, the less valuable the project is.
B)the longer the available life of the project, the less valuable the project is.
C)the shorter the available life of the project, the more valuable the project is.
D)available project life does not change.
E)None of the above.

Question

Quizplus · Accepted Answer

Optionality in a project often adds value because it provides flexibility to adapt to changing circumstances. A longer available life allows for more opportunities to utilize this flexibility, making the project more valuable. Conversely, a shorter available life limits these opportunities, making the project less valuable.

If a Project Has Optionality