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Q1) Your tight-knit engineering team has been working on the community's maglev rail project for three years. The completion deadline is in two weeks. While the project has been plagued with challenges such as inferior equipment, bad weather and cost overruns, it looks as if it may make the projected target date (planned to coincide with the new mayor's inaugural address) for the unveiling. Your team has just overcome a major hurdle of the project and has gone out for a well-deserved celebration.
Before leaving to join your team, you discover that one of the magnetic devices is not working properly - a problem that will delay the project another 6 -12 months.
How would you approach the situation and avoid the problem of Groupthink?
Define a production system. How does the concept of a production system help in the understanding of OM?
Based on the above, determine the best production plan that the company should adopt when the sole objective is to minimize costs.
Were there changes made to OSHA's handling of unsafe practices under the Bush administration (beyond changes to OSHA Standards)? Please discuss.
How much flexibility do project managers typically exercise in situations like this?
While cost and time are critical components of projects, how would you define the quality of a project?
Criticism of traditional measures of performance
You check into your e-group today and see that conversation has begun about the differences between general project management and application development or rapid application development (RAD) models.
The need to manage technical interfaces and to correct incompatibilities is likely to create technical conflicts during the ________ phase of the project lifecycle.
Identify the most critical issues faced by managers with regard to the topic.
What are the four alternatives a project organization can adopt in deciding how to address and respond to its risks?
Evaluate your subject's actions using Consequential theories. Evaluate your subject's actions using Humanist theories.
If Project A's IRR is 61.8% and the reinvestment rate opportunity is 10%, what is the project's MIRR?
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