Project selection criteria are typically classified as
A) financial and nonfinancial.
B) short-term and long-term.
C) strategic and tactical.
D) required and optional.
E) cost and schedule.

Question

Quizplus · Accepted Answer

Project selection criteria are often divided into financial and nonfinancial categories, allowing organizations to evaluate potential projects based on both quantitative metrics (like ROI, NPV, or payback period) and qualitative factors (such as strategic alignment, risk, or brand impact).

Project Selection Criteria Are Typically Classified as