The payback period method of project evaluation provides a simple way of controlling for the risk of a project.

Name: The payback period method of project evaluation provides a simple way of controlling for the risk of a project.
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The payback period method takes into account the time it takes for a project to return its initial investment, which helps to control for the risk of a project by ensuring that the investment is recovered within a reasonable timeframe.

The Payback Period Method of Project Evaluation Provides a Simple