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Assignment:
Complete the following tasks for the assignment.
1. Develop a project scope statement for the project. Be as specific as possible describing product characteristics and requirements, as well as all of the project's deliverables.
2. Identify and create a requirements list for the project. Use a requirements template and do not list more then 15 requirements.
3. Develop a work breakdown structure for the project using MS Project. Break down the work to Level 3, as appropriate. Save the WBS in list form. Each Level should not be greater than 5 tasks/deliverables. Identify each workstream, tasks with duration, dependency and resource assigned.
4. Create network diagram of project identifying the critical path. Ensure you identify the critical path duration both in calculation and in illustration, as discussed in class. Ensure you label the tasks, durations etc.
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What are some action steps that you would initiate to create effective communication with your project team members?
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Explain why the Fisher Equation holds; that is, explain why the expectation of higher inflation leads to a higher nominal interest rate.
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