L5M8 Exam Dumps | Payback occurs when:

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CIPS.L5M8.v2025-12-08.q78
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Question 62/78

Payback occurs when:

A. the net cumulative benefits minus costs equal one

B. the net costs are lower than the cumulative benefits

C. the cumulative benefits are double the cumulative costs

D. the net cumulative benefits equal the net cumulative costs

Correct Answer: D

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Question List (78q): Question 1: Which of the following is a pre-initiation task?...; Question 2: Describe critical path analysis. How is the critical path ca...; Question 3: The _____ is a description of the work required for a procur...; Question 4: During _____ processes for a new project, the organization r...; Question 5: Fast tracking is an example of a tool used in _____ manageme...; Question 6: In the _____ stage of selecting information technology proje...; Question 7: The acquiring of the project team is a subprocess associated...; Question 8: Scope refers to all the work involved in creating the produc...; Question 9: According to Blake and Mouton, project managers who use the ...; Question 10: _____ involves assigning the needed personnel to work on the...; Question 11: An example of pull communication is _____....; Question 12: A _____ is a bell-shaped curve that is symmetrical regarding...; Question 13: Earned value management is a tool primarily used in human re...; Question 14: _____ are predefined actions that the project team will take...; Question 15: Which of the following is true of the project life cycle?...; Question 16: The role of a _____ is to provide direction and funding for ...; Question 17: The _____ approach for constructing a WBS involves refining ...; Question 18: Though stakeholders cannot be controlled, their level of eng...; Question 19: Which of the following is true of push communication?...; Question 20: _____ predict future project status and progress based on pa...; Question 21: In organizational culture, control refers to _____....; Question 22: _____ involves monitoring stakeholder relationships and adju...; Question 23: The main sections of an RFP can include the statement of wor...; Question 24: Risk utility rises at a decreasing rate for a _____ person....; Question 25: _____ involves reducing the impact of a risk event by reduci...; Question 26: Schedule variance is:; Question 27: The format of the WBS dictionary is essentially the same for...; Question 28: The design of experiments technique cannot be applied to pro...; Question 29: In the development phase of the project life cycle:...; Question 30: The project team must take corrective action if stakeholders...; Question 31: In organizational culture, people focus refers to _____....; Question 32: A _____ is a document used to coordinate all project plannin...; Question 33: It is extremely important to document any changes in technic...; Question 34: In a(n) _____ contract, the buyer pays the supplier for allo...; Question 35: Important tools used in the _____ phase of the DMAIC process...; Question 36: The project scope management knowledge area maps to the ____...; Question 37: Project stakeholder management has resonances with project c...; Question 38: Martha works as a project manager at a bank. Due to certain ...; Question 39: The primary output of the planning cost management process i...; Question 40: A(n) _____ is a task at the lowest level of the WBS....; Question 41: The first two traditional project phases (concept and develo...; Question 42: The project cost management knowledge area maps to the _____...; Question 43: After planning for procurement management, which of the foll...; Question 44: Recognizing an employee as the "Star Performer of the Month"...; Question 45: Which of the following best describes outsourcing?...; Question 46: The process of controlling costs primarily involves:...; Question 47: The business case includes information on _____....; Question 48: _____ means that a product can be used as it was intended....; Question 49: A(n) _____ is an overall model for thinking about things as ...; Question 50: _____ is the ability of a product or service to perform as e...; Question 51: Steve, an engineer in a construction company, is at present ...; Question 52: The procurement statements of work are an output of the ____...; Question 53: A document used to solicit quotes or bids from prospective s...; Question 54: In organizational culture, means-end orientation refers to _...; Question 55: Which of the following is one of Deming's 14 Points for Mana...; Question 56: The _____ should list and describe all of the deliverables r...; Question 57: Key outputs of _____ process are project staff assignments, ...; Question 58: Identifying the project sponsor is a pre-initiation task....; Question 59: The technique for making cost and schedule trade-offs to obt...; Question 60: The _____ technique for creating a WBS uses branches radiati...; Question 61: In the MBTI, the _____ dimension relates to the manner in wh...; Question 62: Payback occurs when:; Question 63: Analogous estimates are called activity-based costing....; Question 64: _____ refers to work done in organizations to sustain the bu...; Question 65: A rough order of magnitude estimate can be referred to as a ...; Question 66: _____ involves allocating the overall cost estimate to indiv...; Question 67: Which of the following is true about identifying stakeholder...; Question 68: The capacity to understand the motivations, intentions and d...; Question 69: Which of the following activities is a part of the planning ...; Question 70: Enterprise environmental factors are an output of the execut...; Question 71: Process improvement plan, quality metrics, and quality check...; Question 72: In project procurement management, which of the following pr...; Question 73: Work performance information and cost forecasts are main out...; Question 74: _____ uses project characteristics in a mathematical model t...; Question 75: In project procurement management, the process of _____ invo...; Question 76: "A shortage of qualified personnel is one of the main reason...; Question 77: The stakeholder register is the output of the _____ process ...; Question 78: _____ includes the processes required to ensure that a proje...

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