What are the five common reasons for crashing a project

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1. What are the five common reasons for crashing a project?

2. What are the advantages and disadvantages of reducing project scope to accelerate a project? What can be done to reduce the disadvantages?

3. Why is scheduling overtime a popular choice for getting projects back on schedule? What are the potential problems of relying on this option?

4. Identify four indirect costs you might find on a moderately complex project. Why are these costs classified as indirect?

5. How can the project manager use a cost-duration graph? Explain.

6. Reducing the project duration increase the risk of being late. Explain.

7. It is possible to shorten the critical path and save money. Explain how

8a. Can you think of another product, like smartphones with rapid new-product releases?

8b. What would have happened if, for some reason, it took Samsung three years to release its next-generation smartphone?

9. Snapshot from Practice 9.3 Outsourcing in Bio-Tech picks up.

9a. What benefits do small pharma firms accrue through outsourcing project work?

9b. What do you think Dan Gold refers to when he argues that all parties must make a concerted effort to work as partners?

Question 10 View Dr. Michael Clayton's Five-Minute Video

10. Identify Dr. Clayton's three methods of reducing project duration. What is the key risk with implementing these methods, as identified by Dr. Clayton?

Reference no: EM133303202

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