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Which of the following techniques is used in businesses to determine the effect different costs or investments have on profit and other financial indicators?
Correct Answer: C
Explanation/Reference: 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 A schedule network analysis is performed using the schedule to compute the different 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. Incorrect Answers: B: 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. A: The schedule analysis is the review of the schedule, but does not examine other possibilities for completing the project work. D: The root cause analysis helps to determine the reasons why the project is running late.