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1. Which phase of a project determines what technologies fit the constraints of the project?
Scoping Phase in which options are being laid out and the project begins to take shape. What technologies will fit the constraints of the project?
2. What are the primary evaluation considerations?
The primary evaluation considerations identified in this course are economic, feasibility, and performance.
3. What benefit is realized if the technologies selected are suitable for the application?
In addition to ensuring that you meet these objectives, a performance evaluation will provide a level of quality assurance and help save time and money in the long run by specifying a tested and certified technology.
4. What phase of the economic decisions do you review the cost/benefit methodology options and perform the analysis?
Design Phase—Cost/Benefit Analysis and Optimization
5. True or False? Innovative technologies are often given a boost by federal, state, and local governments or utility companies when these entities perceive an overall advantage to getting the technology more widely adopted in the marketplace.
Innovative technologies are often given a boost by federal, state, and local governments or utility companies when these entities perceive an overall advantage to getting the technology more widely adopted in the marketplace.
6. The first step in the scoping phase of economic considerations is to?
Determine general budget size and flexibility
7. For a simple project, which cost analysis would probably be sufficient?
Payback period cost analysis
8. In performing a lifecycle cost analysis, what does step five disposal costs also entail?
Salvage value
9. True or False? The goal of performing Value Engineering analyses is to ensure that the decision you make is the most efficient and that alternative ways of attaining your desired goals or functionality at a lower cost are not always viable.
The goal of performing Value Engineering analyses is to ensure that the decision you make is the most efficient and that alternative ways of attaining your desired goals or functionality at a lower cost are not always viable.
10. For the feasibility scoping phase what constraints must be considerations?
All of the above
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