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Techniques for Risk Identification
List and describe two techniques for risk identification, such as brainstorming, a Work Breakdown Structure (WBS), or a scenario analysis. What are advantages and disadvantages of each technique? How might these be suited for technical or construction projects?
Discuss: What are the pros and cons of employing the 9-step problem-solving model in daily life and in business situations?
Determine the early and late start and finish times and the slack times for the activities. Identify the critical path.
What are some prerequisites for using Bayesian statistics?
Create a 7-10 slide presentation comparing and contrasting two major ERP systems from different ERP software providers.
Describe the possible risk events for the project. Identify the high probability, high impact risk events. For each of those risk events, identify the possible actions to mitigate the risk.
Formulate a reasonable Investment Policy Statement
What form of business organization would you choose for this venture, and why? Outline the advantages and disadvantages of each of the three major types of business in this particular context.
This entry provides instructions and an example that shows how one can properly create a project schedule and manage a budget via MS Project.
Develop a cost schedule for total project cost from finishing in the normal time to maximum crashing, ie. cost to finish in normal time , cost if crashed one week, cost if crashed two weeks, etc. to minimum time to complete.
Describe five types of risk and discuss management techniques for eliminating, reducing, or mitigating each type of risk type.
Many financial analysts are very skeptical of the use of strategic considerations to justify a project.
What is the revised completion time for the project if duration of activity E is 3 weeks?
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