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Explain Pert analysis and how optimistic time and pessimistic activity time is defined? What role does communication play in motivating teams?
Critical path and critical project requirements could indeed be separate issues. This is why you need to determine Priorities (Constrain, Enhance, and Accept) as we discussed last week.
What five essential theoretical lessons would you share with your students that you feel are the most important in assuring professional success as a project manager?
What are the critical path and duration of the project?
Using a relevant product within the hospitality or tourism sector answer the three following questions. Define the term product. Describe the four main product levels that applies to your chosen product.
Calculate the payoff and the profits for investments
What are the differences between qualitative and quantitative risk analysis? Explain.
Create a mission and vision statement for your organization and determine at least three specific strategic goals that align with the ideals in those two statements.
A company rewards its production department employees for meeting budgeted cost levels by giving out bonuses. If the department's costs exceed the budget, employees do not get a bonus. What problems might arise with such a plan?
How can project managers facilitate procurement?
Why should all projects include risk in their project planning? What are some of the drawbacks if risks are not considered?
The project life cycle typically passes through four stages: definition, planning, execution, and delivery. Do situations exist in which projects may not pass through each of these typical stages?
Determine which factor is influencing the team dynamics and why.
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