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Chapter 5 Key Terms:
Operational feasibility, Economic feasibility, Technical
feasibility, Schedule feasibility, Total cost of ownership
(TCO);
One-time cost, Recurring cost, Tangible cost, Tangible
benefit, Intangible cost, Intangible benefit;
Break-even analysis, Time value of money (TVM), Present
value, Discount rate;
Business case, Project Scope Statement, Baseline Project
Plan.
Chapter 5 Review Questions (page 138): 25, 26,
31
Q3: Describe three commonly used methods for
performing economic cost-benefit analysis.
Q4: List and describe the different types of
project feasibility factors.
Q5: Describe the concept of the time value of
money.