You have been placed in charge of a group of people that is selecting one of three possible projects. As you gather in the conference room, many team members already have decided which project selection technique to use. Some prefer IRR, and others argue
for BCR. In deciding which method to use, your first step should be to______________


A. Compare and contrast selection techniques and identify the advantages and disadvantage of each
B. Identify the technique used most often in the company and determine if it is appropriate for this project
C. Select the method for which most team members have knowledge
D. Determine the philosophy and wishes of management