Q. In PS, when a list of objectives has been developed, an additional recommendation is

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Q. We need a model for assisting us in making project

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Q. Reality is far too complex for us to capture more than a small fraction of it in

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Q. Project managers need to face a number of problems, and to deal with them they use

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Q. Modelling take into account the factors that reflect project technical and market risks like performance, cost, time and

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Q. It should be easy and convenient to gather and store the information in a computer database, says

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Q. Allocation of every resource in the business is

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Q. Project selection is only one of many decisions associated with

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Q. Models that do not use numbers as inputs are known as

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Q. The phase that takes into account, the realities of the firm's limitations on facilities, capital and personnel is

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Q. Models should not require special interpretation, data difficult to acquire, excessive personnel, or

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Q. The manager and not the model, bears the responsibility of

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Q. Models do not make

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Q. The excellent predictors of a project's commercial success includes expected profitability and

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Q. The evaluation process of proposed projects or groups of projects is known as

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Q. The model's capability deals with the factors like, situations both internal and external to the project and

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Q. Models that are easily altered to accommodate changes in the environment or managerial policy, are

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Q. A concept in PSM that says a model should reflect the reality of the firm's decision situation is known as

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Q. The models designed to overcome some of the disadvantages of profitability model is known as

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Q. Project managers use the modelling technique to know the

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