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One of the risks you anticipated for the project was the late delivery of the prototype from the vendor. You adjusted your project schedule to minimize the impact of the risk, built in a penalty for late delivery, and created action plans in case the vendor delivered late. You also identified a risk with the vendor that they have very little technical depth; if the key engineer is not available to your project, the risk of a delay is even greater. You determined how you would monitor the vendor's performance and ensure a timely delivery. You took a very risk-averse, protective approach to the relationship, but now, as the project is progressing, you are wondering if there is something you could do with the vendor to actually benefit the project instead of just protecting it.
Also, answer the following questions:
1. What can you change in your plans to create an opportunity?
2. What would that opportunity be?
3. What is the probability that this opportunity could occur? What is the impact?
4. What are the risks (adverse effect) that are introduced by this change in plans?
5. How will you communicate this change to the vendor?
What role might foregin invetment play in helping developing nations improve their growth rate and increase income levels?
Examine the cultural and ethnic differences of the two selected countries and determining the appropriate negotiation tactic that would be most effective in reaching the objective.
What are the group decision-making processes and structures in place at your current or with a previous employer that were designed to eliminate bias, create structure, and cultivate consistently better decisions?
Considering that there are millions of resumes posted on the Web, what steps should recruiters follow to screen out unqualified candidates in a fair and nondiscriminatory manner?
Answer the following: Is there a place in the business community for the skills that one can develop from social networking? What do you see from Dr. Ramirez's article that you feel can be put to use on a project that you might manage?
(a) Calculate the amount of annual depreciation. (b) Calculate the current book value of the machine.
Q1. ____ involves allocating ownership of the risk to another party. Q2. A project manager can chart the probability and impact of risks on a ____.
What should a company do over the short and long term to maximize the use and value of its benefits choices to employees?
When would the high cost of contractual performance make the remedy of specific performance more optimal than expectation damages?
Define and discuss the concept of productive failure. Discuss a time in your organization's history (or an organization you are familiar with) when a change process failed.
The cabinets are produced in weekly production runs with a product input for 500 units.
In the context of the CMMI, a "collection of related activities performed together to achieve a set of goals for a given process capability" is called a:
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