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Q1) If you were working a small project that required little or no external coordination, which method would you recommend using, macro or micro? Please explain your choice. Who should create the work breakdown structure for the team? Please explain.
Q2) Explain the difference between Macro and Micro risk management. Think of a project you have worked on in the past couple of years and justify whether it should have been classified as a Macro or Micro risk management project.
Develop a MAUT model to assist in the selection process. Develop an AHP model to assist in the selection process.
The projects are of equal risk, of 1.6. The risk-free rate is 7% and the market rate is expected to be 12%. The projects are expected to earn as follows.
What are possible steps included in project closure?
Describe three ways to manage resources in integrated project management.
Explain Pert analysis and how optimistic time and pessimistic activity time is defined?
Select the PERT technique you consider LEAST valuable when altering or enhancing steps associated with reengineering. Explain your choice. Describe and analyze how the two techniques you chose influence the Critical Path Method.
Develop the work flow sequence specified in the problem shown below. Do not consider any of the scheduling information provided below in your work.
Simulate this model and determine the number of agents needed to achieve an average waiting time of 5 minutes or less. This will require an iterative approach in which you run the model with one server, then with two servers, three servers and so ..
Reviewing the balanced scorecard approach of Youngblood and Collins.
Explain meaning of contingency fee.
Recommend three actions that the project leader should take in order to identify and understand the technical challenges and issues facing the project
The expected return and standard deviation of project B is 25% and 20%, respectively. The risk-free rate is 8%. What is the reward to risk ratio for project A?
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