Explain benefits of risk management-types of closures

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Reference no: EM132171648

Duration of a project is 36 weeks. The planned cost for end of week 8 is $138000. While the actual cost at the end of week 8 is $93000 and earned value is 49%. Compute the CV, SV, SPI and CPI for the project at the end of week 8. How do you assess the project at the end of week 8?

Explain estimating projects, top-down and bottom-up approaches?

What is estimating, why do it, factors influencing the quality of estimates?

Explain different types of costs?

Explain benefits of risk management?

Explain risk management process?

Explain different types of closures?

Explain Five Functions of Management?

Explain Tuckman Model?

What are the six elements of a typical scope statement?

What questions does a project objective answer? What is an example of a good project objective?

What kinds of information are included in a work package?

How does a communication plan benefit management of project?

How does the WBS differs from the project network?

How does the WBS and project networks linked?

Why is slack important to the project manager?

What is a hammock activity and when is it used?

What is the difference between risk and uncertainty?

How would you identify risk?

Risk reduction reduce what?

What is the difference between avoiding a risk and accepting a risk?

What are the benefits of opportunity management?

How dose resource scheduling tie to project priority?

Present six reasons why scheduling resources is an important task?

Reference no: EM132171648

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