Practice Quiz

Managing Successful Programmes Practice Test

Category - MSP

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Which graphical tool is used in MSP to illustrate the trade-off between the costs associated with a programme and the value of its benefits?
  1. Programme Profit Plot
  2. Net Benefit Line
  3. Earned Value Graph
  4. Value Added Curve
Explanation
Answer - B - A Net Benefit Line is used in MSP to illustrate the trade-off between the costs associated with a programme and the value of its benefits.

Key Takeaway: The Net Benefit Line can only meaningfully compare cashable (financial) benefits against financial cost. Other benefits will have non-financial measures.
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