Questions

Life Cycle costing includes the costs from each phase of the project life cycle when the total investment costs are calculated. Answer A is incorrect because an opportunity cost is the difference between a chosen investment and the one that is passed up. Answer B is incorrect because sunk costs are costs that have been incurred and cannot be reversed. Answer C is incorrect because net present value (NPV) is the present value of cash inflows(benifits) minus the present value of cash outflows (costs).

5 + 5 = 10

5x 2 + 2 = 12

5 x 2 - 1 x 5 = 5

Hence, ∆ = 1.

Project Management is the application of Knowledge, skills, tools and techniques to project activities to meet project requirements. Project Management is accomplished through the application and integraton of the project management processes of  initiating, planning, executing, monitoring and controlling , closing.

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Expedite means making an action fast or sooner i.e, to accomplish a work as quickly as possible.

Hence, halt means stop and it is opposite of Expedite.