Test Balancing Value and Cost (Simple Matrices and Approaches)

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Test Balancing Value and Cost (Simple Matrices and Approaches)

1st QUESTION: What is the Value vs. Cost matrix for?

2nd QUESTION: What are "Low-Hanging Fruit" items?

3rd QUESTION: How are High-Value and High-Cost items classified?

4th QUESTION: What should be done with Low-Value and High-Cost items?

5th QUESTION: What are the "Fills" in the matrix?

6th QUESTION: What balance is crucial besides Value vs. Cost?

7th QUESTION: Why do "Large Investments" require a serious commitment?

8th QUESTION: What kinds of tasks may seem to be of low immediate value but are essential?

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