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Over Budget
A project budget report is showing our project as spending 35,000 against a budgeted amount of 40,000. What does this report tell you about the project?
1. we can't be sure how the project is going
2. we should check to see if all bills have been paid
3. we are doing a good job managing the project
4. we are spending less than we should for the project
Discuss how you have used or might use risk protection and risk transfer in a situation.
Explain what information is most and least useful to a project leader when creating a project organization chart
While cost and time are critical components of projects, how would you define the quality of a project?
Describe the risks - what may adversely affect the project's ability to succeed. Consider the amount of change, attitudes toward project management, cultural differences, different priorities by business unit, etc.
Why are accurate estimates critical to effective project management? Please explain in detail.
Describe a situation where you could see using the Incremental Project Management Life Cycle.
Determine the critical path and project duration.
A project scope statement is used to define the end result of a project. Its purpose is to define as clearly as possible what the project will deliver to the customer.
Develop a list of "Key Success Indicators" that could and should have been measured on completion. Rank them in order of priority for this project.
Develop a closing statement for the person that provides information.
How does this change the degree of operating leverage? Now recompute the operating leverage assuming that the entire ¥ 33 billion of costs are fixed.
What are the advantages and disadvantages of workers having more control over the inspection of their own work?
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