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Which of the following is NOT an example of a project selection method?

1) Enterprise environmental factors
2) Scoring models
3) Cost benefit ratio
4) Constrained optimization methods

User Pinxue
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1 Answer

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Final answer:

Enterprise Environmental Factors are conditions that affect project success and are not a project selection method, unlike Scoring Models, Cost Benefit Ratio, and Constrained Optimization Methods which are used to evaluate and select projects.

Step-by-step explanation:

The project selection method not listed among the examples is Enterprise Environmental Factors. The other options such as Scoring Models, Cost Benefit Ratio, and Constrained Optimization Methods are indeed methods used for project selection. Scoring models involve rating projects based on several criteria to make a decision, while the cost benefit ratio involves analyzing the relationship between the costs and benefits of a project. Constrained optimization methods include mathematical approaches to select a project based on certain constraints, such as cost, time, or resources.

The correct answer is Enterprise environmental factors. Project selection methods are used to evaluate and choose projects based on certain criteria and constraints. Enterprise environmental factors are not a specific method used for project selection, but rather refer to the internal and external factors that can influence the project and its selection process, such as organizational culture, market conditions, and government regulationsAmong the provided options, 'Enterprise Environmental Factors' refers to conditions, not methods, that influence the project's success but are not used as a method to select a project. These factors can include organizational culture, market conditions, and regulatory requirements.

User PKuhn
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