Discuss importance of correlation-probabilistic branching

Assignment Help Operation Management
Reference no: EM13845612

Discuss the importance of correlation, probabilistic branching and probabilistic calendars and how the aforementioned are useful for project cost risk analysis. Discuss how you would incorporate correlation, probabilistic branching and probabilistic calendars into your risk analysis.

Reference no: EM13845612

Questions Cloud

What are the business dimensions for your analysis : You are the vice president of marketing for a nation-wide appliance manufacturer with three production plants. Describe any three different ways you will tend to analyze your sales. What are the business dimensions for your analysis?
Data warehouse project at a retail chain : You are the manager for the data warehouse project at a retail chain with stores all across the country and users in every store. How will you ensure that all the details necessary to decide on the DBMS are gathered during the requirements phase? Wri..
About fundamental aspects of quality-cost of quality : Although a balanced score card is probably the way to go, most companies don't seem to have a clue about the more fundamental aspects of quality, such as the cost of quality. So let's start here. Just what do we mean when we talk about the cost of qu..
Aggregate planning in manufacturing and services : Why is it important to update a sales and operations plan on a regular basis, using a rolling time horizon approach? 3. What is the major difference between aggregate planning in manufacturing and aggregate planning in services?
Discuss importance of correlation-probabilistic branching : Discuss the importance of correlation, probabilistic branching and probabilistic calendars and how the aforementioned are useful for project cost risk analysis. Discuss how you would incorporate correlation, probabilistic branching and probabilistic ..
Discuss how the data resource management methods : As more and more data are collected, stored, processed, and disseminated by organizations, new and innovative ways to manage them must be developed. Discuss how the data resource management methods of today will need to evolve as more types of data e..
Discuss the pros and cons of CPM scheduling : Discuss the pros and cons of CPM scheduling. In your response discuss how to maximize the pros of CPM scheduling and how to minimize the cons of CPM scheduling. Provide an example of a pro for CPM scheduling and a con for CPM scheduling.
Conduct search within the CSU-Global Library : Conduct a search within the CSU-Global Library or on the internet and locate at least one article on the topic of human resources management. The article is to be published in an HR-related journal or industry-related periodical.  Highlight any new i..
Anticipatory socialization-accommodation-role management : Please describe the process by which you were socialized into your organization. The organization can be your place of employment, or some other entity such as a church, a club, or an association. Be sure to clearly describe the specific activities t..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Mature industry from an industry life-cycle viewpoint

Referring back to the Kodak case, what do you think happened to that once mature industry from an industry life-cycle viewpoint? Provide a rationale for your thoughts

  Explain the effective management of an organization

In a four- to five-page paper (excluding title page and references page), select one of the management theories in the textbook. Next, explain the elements that are the foundation of the management theory you selected and how the theory identifies..

  Explain the concepts of lean production

Explain the concepts of lean production. Describe its relation to Six Sigma. Please provide examples of the pros and cons for linking them.

  Large hotel-casion is currently under construction

A large hotel-casion in Las Vegas is currently under construction. There will be an Italian restaurant in the hotel that will serve pizza. Management is trying to decide whether to make the pizza themselves or buy it frozen and simply heat it to cust..

  Who should be responsible for updating

Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?

  Presentation for senior management outline proposed solution

Determine your best course of action for bringing this project in on schedule and update your project plan to reflect your recommendation. Develop a 5-6 slide presentation for senior management outlining your proposed solution. You are seeking app..

  Ideas of decision making in investment management

Examine how Munger's concept of mental models has changed your ideas of decision making in investment management and business.

  Does a vendor managed inventory system support

Does a Vendor Managed Inventory system support a "lean" approach to supply chain management? Explain

  Discuss the different employment types and relationships

Discuss the different employment types and relationships relevant to agency law, and analyze the advantages and disadvantages of each type specific to Acme Fireworks.

  Emerging trends and information technology tools

There are many emerging trends and information technology (IT) tools used in health care, such as e-mail between the patient and provider, e-prescribing, and computerized physician order entry (CPOE). Complete the following for this Discussion Boa..

  Under the national labor relations act

Good faith requires both the company and the union to meet and consider other side's demands on permissive issues. Under the national labor relations act, strikers have the right to reclaim their jobs. An alleged victim of discrimination must first f..

  Using the eoq model, how many should ray order

Using the EOQ model, how many should Ray order?   Please provide the formula, at least one step of calculation, and the correct order size.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd