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PMP Certification Practice Test 8
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Question : 6
Total: 72
A project you are working on has a payback period of 11 months. What does this signify?
The project will take 11 months to cover its costs and then start to generate revenue
The project will be complete within the first year
The project will start costing money after 11 months
The project will provide profits for the first 11 months
Validate
Solution:
The payback period refers to the amount of time it takes for a project to cover its investment costs.
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