Which of the following methods is a project selection technique?

Question

Options

• AFlowcharting
• BEarned value
• CCost-benefit analysis
• DPareto analysis

• A
  3% (1)
• B
  13% (5)
• C
  77% (30)
• D
  8% (3)

Explanation

Cost-benefit analysis (C) is a project selection technique because it evaluates whether a project's expected benefits outweigh its costs, helping organizations decide which projects to pursue before committing resources. Flowcharting (A) is a process mapping tool used to visualize workflows - it's used during or after project planning, not to select projects. Earned value (B) is a performance measurement technique that compares planned vs. actual progress on an in-progress project. Pareto analysis (D) is a quality/prioritization tool (the 80/20 rule) used to identify the most impactful problems, but it doesn't evaluate whether to initiate a project.

Memory tip: Think "selection = before you start." Only cost-benefit analysis answers the question "Should we do this project at all?" - the others are tools used once work has already begun.

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