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1. What are some of the pitfalls in cost estimating?
2. What steps can a project manager take to address potential cost overruns?
3. What steps can a project manager take to make controlling costs easier?
4. Can the steps taken to manage controlling cost, and potential cost, be leveraged to control other areas of a project, such as a project's scope or schedule? Explain your answer.
5. What percentage of the total project effort do you think should be dedicated to project planning? Explain your answer.
6. What is the relationship between risk management and quality management of a project?
7. Why is it important to have both risk and quality management in place?
8. What happens to a project's success if you focus too much on risk management and not enough on quality management? Explain your answer.
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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