Project sequencing is best described as:()
A. prioritizing funds to achieve the maximum value for shareholders, given capital limitations.
B. selecting the first project from a set of mutually exclusive projects.
C. an investment in a project today that creates the opportunity to invest in other projects in the future.
参考答案:C
解析:
Projects are often sequenced through time so that investing in a project today may create the opportunity to invest in other projects in the future. Note that funding from the first project is not a requirement for project sequencing.