Which of the following techniques is used in businesses to determine the effect different costs or investments have on profit and other financial indicators?

Question

Options

• AA schedule network analysis is performed using the schedule to compute the different
• BResource leveling
• CWhat-if scenario analysis
• DRoot cause analysis

• B
  5% (1)
• C
  91% (20)
• D
  5% (1)

Explanation

What-if scenario analysis explains the analysis of the question "What if the situation represented by scenario 'X' happens?". This What-If Scenario Analysis shortly named as WIS scenarios, such as extending specific engineering durations, or delaying a major component delivery. Businesses use what-if scenarios to determine the effect different costs or investments have on profit and other financial indicators. Answer option A is incorrect. The schedule analysis is the review of the schedule, but does not examine other possibilities for completing the project work. Answer option D is incorrect. The root cause analysis helps to determine the reasons why the project is running late. Answer option B is incorrect. The resource leveling causes the project's duration to increase. It is a technique that resolves resource conflicts by delaying tasks within their slack allowances. The resource leveling is the process in which project teams come across problems when developing their project schedules.

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