Management has decided to accept a new project but has yet to decide when the project should commence.Which type of analysis would be most helpful at this time?
A)Expansion analysis
B)Timing option analysis
C)Scenario analysis
D)Sensitivity analysis
E)Simulation analysis

Question

Quizplus · Accepted Answer

Timing option analysis would be the most helpful analysis in this scenario. It helps in determining the optimal time to start the project, by considering the various factors that affect the decision like market conditions, competition, and resources availability. It helps in maximizing the value of the project by providing a flexible timeline for initiation.

Management Has Decided to Accept a New Project but Has