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Project Management
Please explain what are the fundamental differences between fixed-price and cost-plus contracts? Plus, how does affect what kinds of projects you would recommend for a fixed-price contract or cost-plus contract?
Can teams be used for both fixed-price and cost-plus contracts? Is there a difference in how teams work based on the contract being fixed-price or cost-plus contracts?
How can a project manager influence customer expectations and perceptions?
Prepare a Work Breakdown Structure (WBS) and project schedule in a Gantt format for an E-Mail Upgrade Project.
If additional units are needed, use subcontracting to make them. Evaluate Plan B.
Why is quantitative risk so important in risk mitigation? Explain how you have seen this in live action or in your organization.
Explain the process you would use to close a project.
Make a statement demostrating the incremental cash flows for this project over an 8-year period. Compute the payback period (P/B) and the net present value (NPV) for project.
Describe the fundamental trade-offs made when deciding whether or not to crash a project.
Identify the applicable decision concepts (theories, principles, paradoxes, etc.) from our learning all semester (not just the group decision concepts identified in Unit 5) that your group believes.
Describe whether or not the project was successful and what factors contributed to how well the project worked or how it did not work?
What characteristics do you look for when identifying a project stakeholder?
Explain what is the earnings before interest and taxes under the BEST case scenario?
How does risk identification help with project contingency planning?
What factors are considered in the cost analysis of an economic development project in city/county government?
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