Spreadsheet Modeling and Decision Analysis: A Practical Introduction to Business Analytics
Spreadsheet Modeling and Decision Analysis: A Practical Introduction to Business Analytics
7th Edition
ISBN: 9781285418681
Author: Cliff Ragsdale
Publisher: Cengage Learning
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Chapter 3, Problem 12QP
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To develop: A spreadsheet model for the problem and solve it using solver.

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Defining the scope of an information technology project is a challenging task due to the uncertainties in time, cost, technologies, quality, human resources, and so on. Address the following questions. How would techniques of project scope management ensure the project objectives can be achieved in an information technology project? Can any of the agile approaches be engaged in the project scope management for a better efficiency?
Directions: In Chapter 1 we introduce Project Management.   Why is there a new or renewed interest in project management?   2. What is a project? What are its main attributes? What are some examples of different size projects?   3. What are project constraints? How do they affect the project management process?   4. What is the relationship between Projects, and operations?   5. What are some skills recommended for project managers? Why would these skills be important in the management of projects?   6. What is the PMI Talent Triangle and what role do they play in the project management field?
Do you think businesses ever mistakenly cling to outdated ideas of "acceptable" profit, even as their industry conditions shift?
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