PR 17-11 (LO 17-3) There are several approaches to quantifying expected project benefits. Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help with the quantification? There are several approaches to quantifying expected project benefits. Required: Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help with the quantification? Project Benefit 1. Software that allows you to consider the impact under a variety of assumptions 2. Compare and contrast the results with projects of competitors or similar firms 3. Sophisticated financial analysis comparing the probability of achieving expected benefits 4. Consulting with a seasoned consultant to establish a likely benefit Term wwwwwwwwwwwwww Expert Opinion External Benchmarks Real Option Theory Simulation

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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PR 17-11 (LO 17-3) There are several approaches to quantifying expected project benefits. Which of the
following uses simulation, external benchmarks, real option theory, or expert opinion to help with the
quantification?
There are several approaches to quantifying expected project benefits.
Required:
Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help with the quantification?
Project Benefit
1. Software that allows you to consider the impact under a variety of assumptions
2. Compare and contrast the results with projects of competitors or similar firms
3. Sophisticated financial analysis comparing the probability of achieving expected benefits
4. Consulting with a seasoned consultant to establish a likely benefit
Term
wwwwwwwwwwwwww
Expert Opinion
External Benchmarks
Real Option Theory
Simulation
Transcribed Image Text:PR 17-11 (LO 17-3) There are several approaches to quantifying expected project benefits. Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help with the quantification? There are several approaches to quantifying expected project benefits. Required: Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help with the quantification? Project Benefit 1. Software that allows you to consider the impact under a variety of assumptions 2. Compare and contrast the results with projects of competitors or similar firms 3. Sophisticated financial analysis comparing the probability of achieving expected benefits 4. Consulting with a seasoned consultant to establish a likely benefit Term wwwwwwwwwwwwww Expert Opinion External Benchmarks Real Option Theory Simulation
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