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<ol><li>Which phase of the project lifecycle typically consumes the least amount of time over the

duration of the project?</li><li>Initiating </li><li>Planning </li><li>Executing </li><li>Monitoring and Controlling </li><li>An organizational division or entity that is created to assist project managers in achieving their project is known as a:</li><li>Project management office</li><li>Project guidelines department </li><li>Project oversight department</li><li>Calculating a proposed projects expected net monetary gains or losses from that project by discounting the future cash inflows/outflows is known as the _____ selection process.</li><li>Internal rate of return</li><li>Net scoring model</li><li>Net present value </li></ol>

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