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Q1) How does an organization conduct financial analysis of project proposals? What are the strengths and weaknesses of its approach? What would you change if you had the power to do so (and why)?
Q2) How and why you would use a WBS in a project? No particular project, just got stuck on this part of the assignment and needed some input.
Why are the Project Charter and Project Scope Statement artifacts critical to the success of a project? Describe some of the key elements of these artifacts.
The need to manage technical interfaces and to correct incompatibilities is likely to create technical conflicts during the ________ phase of the project lifecycle.
Describe three ways to manage resources in integrated project management.
What are some implications of completing a project before the scheduled completion date?
Find the critical path and project duration in days. Given that each resource is assigned 100% to each task, identify the resource constraints.
What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project?
Discuss the benefits to the project lifecycle by commencing the planning proccess at the concept and design stages of a construction project.
The total present value of all costs associated with an asset over a seven-year life is $73,285. If the asset has a cost of capital of 11%, what is the EAC of using this asset?
Ensure that project goals support corporate strategies.
What are the key sources of risk that you see in this project?
What are the advantages of using a high-moderate-low (or red-yellow-green) risk designation as opposed to assigning quantitative numbers to each cell and risk level ?
What are the four alternatives a project organization can adopt in deciding how to address and respond to its risks?
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