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Organizational Project Management Maturity Model or OPM3 is said to be beneficial and representative of best practices. What are some of the proposed benefits of implementing project management maturity models? What are specific problems they were designed to solve? Also, what benefits are expected from its implementation?
Maturity models such as OPM3 are promoted for improving process maturity in project management; however, some organizations implement the Capability Maturity Model (CMM) or the Capability Maturity Model-Integrated (CMMI). What are the advantages and disadvantages of implementing one versus another? What are some of the important considerations for project managers and executives who must select and implement a maturity framework?
While organization design influences the success or failure of a company, the human factor plays a key role as well.
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Our profit-maximizing rule is MRP=MRC. That is, marginal revenue product equals marginal resource cost. So if an additional unit of capital costs $ 50 per unit, we must buy the amount of capital such that MRP capital equals what?
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How do financial intermediaries link saving and investment?
In this discussion, answer the questions below, by drawing on your readings and online learning materials:
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