The method used to collect information to use through all phases of the project life cycle is called

a. responsibility matrix
b. organization breakdown structure
c. work breakdown structure
d. priority matrix
e. work package

Letter C is correct. Work breakdown structure.

Explanation:

Work breakdown structure is a method used so that there is a necessary hierarchy so that the flow of project steps can be fulfilled more effectively. It is used to achieve project objectives and deliverables.

At each level of the Work Breakdown Structure Diagram there should be a schedule, time and estimated budget, so that the scope of the project can be better understood and integrated.

Explanation:

1.  NPV = -1,700,000 + 2,055,000 * (1-0.008) / 1.02

          = $298,588.24

2. Yes order should be fulfilled

3. Break-even probability = 1 - 1,700,000 * 1.02 /2,055,000

                                 = 1 - 0.843795

                                      15.62%