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When managing project trade-offs it is important to understand the root cause of the conflict and why the need for trade-offs exists. Project managers must carefully evaluate information about the problems that are occurring during a project. Things are often more complicated than the situation first appears. When trying to gather more information about the conflict, what types of questions should the project manager be asking?
As you are gathering information for your decision, will you always have all the information necessary to make the best decision? How much time and effort do you spend seeding information? What are the possible project impacts if you spend a lot of time gathering information versus spending the least amount of time possible?
The activities that are necessary to build one of these experimental weed-harvesting machines are listed in the following table. Construct a network for these activities.
What kind of positive or negative incentive could have improved this situation?
Critically analyse the concept of risk; discuss how it can be measured and ranked and outline how a project risk management strategy may be constructed.
Using Excel or pencil and paper, what is the discounted profitability index of the project?
Project managers often focus more on project needs and neglect the human resource aspect with little attention given to motivate the project teams. With short notes explain- (i) The expectancy theory of motivation (ii) The equity theorem
You are required to submit a written assignment relating to New Product Development.
What do you realize by term "trade-off"
Suppose you now wanted to calculate duration estimates for these activities. How would you make use of the following approaches?
Review the Fleming and Koppelman article from your assigned readings.
Describe three ways to manage resources in integrated project management.
What information is most and least useful to a project leader when creating a project organization chart?
Analyze the facets of team performance to determine which capacity is the mot important across the greatest number of situations. Provide specific examples to suport your response.
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