FIN200H1 Lecture Notes - Product Rule

A reward system for project management should be:

a. Greater than rewards for process management.

b. Based on the money saved managing the project.

c. Based on the money generated by the project.

d. Differentiated from normal functional rewards.

Define the concept of ‘time value of money’. Could the ‘time value of money’ vary over time? Search different periods in economic history to find examples to support your argument.