osts, alternatives and investments; what are your learnings, realization, appreciation, or inference on this topic related to your ch
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A: ANSWER: The decision tree shows the structure of problem in order to how to respond to any…
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A: Mary is working for a projectized organization. In those companies, the project manager has…
Q: As a student of feasibility study writing, do you agree or disagree with the statement? Support your…
A: Feasibility study:- A feasibility study is a thorough evaluation that takes into account all of the…
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Q: Build a project graph, visually depicting the evolution of this project.
A: We would create a network diagram on the basis of given matrix and task dependencies:
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A: The following ethical difficulties may develop during the course of a project: 1. The dispute…
Q: d. normal, premature, perpetual, failed
A: d. normal, premature, perpetual, failed
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A: From a project management perspective, a project is considered a success if a. the system is…
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A: Cost is a monetary term that is used to define the value of goods and services.
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A: Answer: Estimated duration
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Q: In each of the following, name the term defined or answer the question. Answers are listed at the…
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Q: The bottom-up estimating technique encompasses the following basic steps. Choose 4 of the 5…
A: In the bottom-up estimating approach the work is estimated at the lowest possible detail. The…
Q: Which three choices from the decision tree structure may be applied to a project? Gathering facts…
A: A decision tree is a sort of outline that plainly characterizes likely results for an assortment of…
Q: John, Jack and Jill are project managers for Jusco Company. All three of them lead their own team,…
A: Efficiency and Effectiveness are not similar to each other. The term efficiency refers to completing…
Q: Discuss the triple constraints in terms that demonstrate the method's importance and value to a…
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A:
Q: The client-server network at Scoops, a chain of ice cream stores, currently depends on one server…
A: A server is a system that provides that data or network to the other systems or computer.
Q: (a). You are the System Analyst for VIP Transport Company Ltd. The company wants to develop a…
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Q: Immediate Predecessors Normal Crash Normal Crash Activity Time Time Cost Cost A 10 9 $11,000 $15,000…
A: BFHI is the basic way of the task with a length of 48. Least span subsequent to smashing is 42
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Q: What exactly is meant by the term "dynamic programming," and how does the process work?
A: Dynamic programming has memory that secures the execution process. It divides problems into sub…
Q: Management & Science University (MSU) have appointed you as a project manager to conduct a Joint…
A: Given data is
Q: Constraints are those factors that can limit a project. Which of the following are considered…
A: Project management is the management that requires a unique type of skills processes resources and…
Q: Consider a project to produce custom door moldings for GMC Acadia cross-over vehicles, described in…
A: Slack is the time by which a task can be delayed without causing a delay in the subsequent task. It…
Q: Define Project Integration Management and the key components that make up Project Integration…
A: Project integration management is the coordination of all components of a task. This incorporates…
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Module 2 is all about evaluating project costs, alternatives and investments; what are your learnings, realization, appreciation, or inference on this topic related to your chosen profession?
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- Outline a background of the case below. (Please note that this is not an essay question.) In June 2011, Steve Katsaros, founder and CEO of Nokero, was contemplating how to build on his company's accomplishments during the last 12 months. Nokero, a marketer of solar bulbs, has emerged as a successful born-global social enterprise. Opportunities in the Social Enterprise Sector As previously mentioned, Nokero, has been engaged in partnership programs with various social enterprises, such as Project CURE and American Green. Social enterprises have actively sought out Nokero for possible partnerships.Describe an example professional experience that used different options for reducing the cost of a project. What options did they use? Was it successful or not at reducing cost? Did (or do) you agree with the decision-making of the company (organization)?Following mini-case scenarios involve ethical dilemmas associated with projectmanagement. How would you respond to each situation, and why? The Project Status Report MeetingYou are driving to a project status report meeting with your client. You encountered a significant technicalproblem on the project that has put your project behind schedule. This is not good news becausecompletion time is the number one priority for the project. You are confident that your team can solve theproblem if they are free to give their undivided attention to it and that with hard work 2 you can get backon schedule. You also believe if you tell the client about the problem, she will demand a meeting withyour team to discuss the implications of the problem. You can also expect her to send some of herpersonnel to oversee the solution to the problem. These interruptions will likely further delay the project.What should you tell your client about the current status of the project?
- You work in the human resources department of a company that has just undergone a new organizational working team concept (working in virtual teams). You have been chosen as the team leader for a five-member team to design policies and procedures for the newly designed virtual teams concept and present your recommendations to the leadership team. Your immediate task is to organize and assign each team member with their specific assignments to complete the project. Describe how you would go about creating an implementation plan, including which team member is assigned to which tasks. Address the following in your plan: Identify at least 3 potential team conflict challenges and how you as the team leader plan to address each challenge.You work in the human resources department of a company that has just undergone a new organizational working team concept (working in virtual teams). You have been chosen as the team leader for a five-member team to design policies and procedures for the newly designed virtual teams concept and present your recommendations to the leadership team. Your immediate task is to organize and assign each team member with their specific assignments to complete the project. Describe how you would go about creating an implementation plan, including which team member is assigned to which tasks. Address the following in your plan: Explain your role as the leader and the importance of collaboration and communication. Define both collaboration and communication. Provide 1–2 examples of collaboration and communication from a team perspective.You work in the human resources department of a company that has just undergone a new organizational working team concept (working in virtual teams). You have been chosen as the team leader for a five-member team to design policies and procedures for the newly designed virtual teams concept and present your recommendations to the leadership team. Your immediate task is to organize and assign each team member with their specific assignments to complete the project. Describe how you would go about creating an implementation plan, including which team member is assigned to which tasks. Address the following in your plan: Describe at least 3 ideas for how you will assign tasks to each team member.
- If I am launching a new product or opening a new location, what are some specific examples how these areas are related to the decision that the organization must make when deciding whether to move forward with this project.Analyze the reactions according to the situation proposed in: Very Effective, Effective, Reasonably effective, Little Effective, Ineffective or Counterproductive: You are in an important meeting with your company manager and board members. During the meeting, when presenting numbers related to the project in your area, you realize that some estimates are wrong and that lead to conclusions different from those that your area would like to show. You believe that he must have misinterpreted some information previously sent by one of your colleagues. You: Stop the presentation to inform the group that the estimates are incorrect and that you can pass the correct ones at the end of the meeting. A- Very Effective B- Effective C- Reasonably effective D- Little Effective E- Ineffective F- Counterproductive You: Wait until the end of the meeting to notify your manager that the estimates were wrong and offer to send the correct ones to people by email. A- Very Effective B- Effective C-…As a boss you are required to make a presentation in front of your team and share with them the sales forecast for product A for the year 2019-20. For the past one year, the company has been facing employee turnover in the sales team. The new software purchased for data analytics is also not working properly and the team struggles when they have to make a report. Apart from these issues, your team might be required, in the coming six months, to start working on a new product development. Finally, the day comes when you make the presentation but just as you complete and about to say: `Any questions?’ one of the team leads raises his voice and says:` How can you expect us to double the sales next year when we have been struggling so hard?’ He then elaborates in agitated tone all the problems the team has been facing (as stated above). As a good listener, mention the effective listening strategies that you are required to follow in order to convert hostile audience to at least a neutral…
- During risk identification sessions, you and your team identified more than 150 risks for your project. You are afraid that evaluating each of these risks quantitatively will cost you an enormous amount of time, while not all of them are really relevant and important enough to justify such a measure. What should you do next? A. Identify risk triggers where possible. Analyze only those risks quantitatively for which no trigger could be found B. Use qualitative risk analysis in order to prioritize risks for further action, such as quantitative risk analysis C. Assess the probability of each risk qualitatively and further analyze only those risks with high probability D. Assess the potential impact of each risk qualitatively and further analyze only those risks with high impactIncreasing the project's scope or adding unnecessary features are both undesirable outcomes. Help your reader follow your reasoning by outlining the differences between the two ideas. Please elaborate on your reasoning for assuming that the same issue underlies both of these complaints. If these two things happened while working on this project, what type of disaster might it cause?Because you have performed very well in your project review task, you have gained a position as a program manager in an organization that provides project management services for planning, designing, and implementing engineering projects. The projects for which the organization provides its services encompass all disciplines of engineering, plus related disciplines like construction. Your main responsibility is the management of a program of approximately six (6) engineering projects in your organization. You have just taken over this particular program and are keen to make an impression. Three (3) of the six (6) projects in this program are progressing well towards a satisfactory result. The remaining three (3) projects, Project A, Project B and Project C require attention. The information given below about each project is fairly basic. You are expected to develop additional details about each project as part of your answer, and for each project nominate an example project (for…