Skip to main content

Public Service Entrance Exam (PSEE) · Question

A department has limited funding for a new initiative. To maximize impact, which analytical approach is most useful for prioritizing potential projects?

Cost-benefit analysis evaluates the financial and non-financial benefits against costs, helping to prioritize projects for maximum impact with limited resources

Start free practice for Public Service Entrance Exam (PSEE)

200 questions · no signup required · 40 free questions per day

Start Practice →

Question: A department has limited funding for a new initiative. To maximize impact, which analytical approach is most useful for prioritizing potential projects?

Answer options: ✅ Cost-benefit analysis.

  • Sentiment analysis of social media.
  • Historical narrative review.
  • Brainstorming without constraints.

Correct answer: Cost-benefit analysis.

Explanation: Cost-benefit analysis evaluates the financial and non-financial benefits against costs, helping to prioritize projects for maximum impact with limited resources.

Start free practice for Public Service Entrance Exam (PSEE)

200 questions · no signup required · 40 free questions per day

Start Practice →

More about Public Service Entrance Exam (PSEE)

Related Questions

More for Public Service Entrance Exam (PSEE) candidates

Ready to practice?

Free, no signup required. Build a wrong-question list as you go.

Start Free Public Service Entrance Exam (PSEE) Practice →

Related courses

Other Canadian certifications candidates often prepare for alongside this one.