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Project management short answer
1. Three main reasons that there are changes to a budget (and hence, changes to the overall budget) are: (1) errors the cost estimator made about how to achieve the tasks identified in the project plan; (2) An increased knowledge about the project's goal and deliverables causes changes to the way of thinking, leading to wholesale changes in the project; and (3) a new law, standard, or mandate occurs leading to a change in the way the project is carried out. Can you think of any other reasons why the baseline of the budget might need to be changed midstream of a project?
2. Explain the fundamental trade-offs made when deciding whether or not to crash a project. What trade-offs are made to resources if you decide to a crash a project? Can all three project factors - cost, schedule, and resources - be reduced when you crash a project? Why or why not?
Prepare a project schedule in Microsoft Project 2007 and explain the rationale behind time and cost estimation methods and why you would chose one method over another
Explain why should all projects include risk in their project planning? What are some of the drawbacks if risks are not considered
Of these six, which do you consider to be the most important level of quality and why?
Summarize the purpose of the Project Management Institute and provide your thoughts on the PMI methodology and the five phases of the project.
Who is potentially affected by the issue and was the article well written
Why are the Project Charter and Project Scope Statement artifacts critical to the success of a project? Describe some of the key elements of these artifacts.
A project to bake a cake would measure what and what would you use to determine if the project was successful
Suppose that you are interested in buying yourself a new computer. Create a cost-benefit analysis that illustrates the return on investment that you would receive from purchasing a computer
The progress report of a project contains the following data about the project costs:BCWS = $ 46,500. Calculate SPI, EAC and VAC.
Describe Processes and Project Management and provide one example of each from your own work life
Given then that we each have our own risk tendencies, how can we evaluate a risk profile for our project, since each of our organizations has its own tendency to deal with risk
Construct an assembly chart for the picture frame.
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