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Q1) What is a risk matrix and how can it help with the process of identifying and assessing project risks?
Q2) What determines the likelihood of occurrence on projects? What gives a risk high priority status and how can a contingency plan safeguard against threats?
What is an example of expected-value decision rule in a workplace?
What would be the added cost if you wanted to complete the project in the minimum time possible?
Determine what leadership steps you would take to enable you to achieve this across the different time zones and cultures. What conclusions can be drawn?
The data for a Time-Cost CPM Scheduling model analysis are given below. The times are in days. What is the minimum cost to complete this project in 14 days?
Calculate the payoff and the profits for investments
Describe the five steps of Project Interface Management. Is it applicable at the Project Level or at a Portfolio/Program level?
In spite of their poor cost performance, why do you think these projects were supported to their conclusion? What would it take to kill a high-visibility project such as these?
What constitutes a "project"? Based on the weekly reading or PMI PMBOK, what is the definition of a project?
What characteristics do you look for when identifying a project stakeholder?
Reviewing the balanced scorecard approach of Youngblood and Collins.
Select 2 of the highest risks. Explain why these are considered high risk, and explain their potential effect on the project.
Explain the process you would use to close a project.
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