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Project Management
Assume you work in a small firm that has multiple projects happening simultaneously and that the scope of work in all of the projects is similar. What are some of the problems you might run into in allocating scarce resources in a situation like this? What suggestions can you give the various project managers to coordinate across schedules better?
What is a mutually exclusive project? How should managers rank mutually exclusive projects?
Risk Assessment in a Project - Explain what is risk reassessment and what advantage and disadvantage does it have within a project.
Why is quantitative risk so important in risk mitigation? Explain how you have seen this in live action or in your organization.
What is the difference between systematic risk and unsystematic risk? How can the beta coefficient be used to assess risk?
Explain the different types of project feasibility factors and list and show the different types of project feasibility factors
Develop a policy that is specific for reducing the hazard/incident.
Now suppose the equipment gets sold for $30,000 in five years. What is the project's terminal year cash flow now?
Monitoring and Controlling Project Progress and what are some of the ways that a project manager can use budgeting plans to track and compare actual data on project progress?
Determine the early and late start and finish times and the slack times for the activities. Identify the critical path.
Explain the rationale behind time and cost estimation methods and why you would chose one method over another.
Discuss opportunities for improving the quality of service in this situation.
Describe three ways to manage resources in integrated project management.
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