Which three types of information are most useful when a manager summarises the findings of a project appraisal?
A) The likely outcomes of each project considered
B) Statement of to what extent probabilities were objective or subjective
C) Assessment of the probability of each outcome actually occurring
D) A clear focus on the most profitable outcome

Question

Quizplus · Accepted Answer

These three types of information provide a comprehensive overview of the project appraisal findings. A) gives insight into potential project results, B) clarifies the basis of the probabilities used in the appraisal, enhancing transparency and trust in the findings, and C) evaluates the likelihood of different outcomes, aiding in risk assessment and decision-making. D) is less useful because focusing solely on the most profitable outcome can overlook important risks and other factors critical to making a balanced decision.

Which Three Types of Information Are Most Useful When a Manager