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A Project Manager wants to pick the most efficient vendor to test a new prototype. He has previous experience with 3 testing companies. Prototype testing is a highly variable activity as shown in the table below. (HINT: For example, Company X completes testing in 40 hours in 60% of cases while it takes 90 hours in the remaining 40% of tests).Company Probability Hours Required Cost / Hour
40% 90
20% 20 30% 60 40% 100
40% 90 10% 200 a. Which testing company should be picked if the Project Manager is primarily interested in completing the task in the shortest time?b. Which testing company should be picked if the Project Manager is primarily concerned with completing the task for the lowest cost?
Create a stakeholder analysis for project communications. Assume your organization has a project to determine employees' training needs.
Explain what are some reasons that the project review or audit does not focus on an individual's wrongdoing?
Discuss the methodology your company uses for project cost estimation.
Create a WBS for this project and enter the tasks in Project 201 0. Create milestones and summary tasks. Assume that some of the project management tasks you need to do are similar to tasks from the Project Tracking Database example
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Imagine that you have been selected as the PM for a process or product improvement activity or the design of a new product or service in your organization.
The functional elements of parent organization are adopted as the basis of administration of the project - Virtual project management is the system by which virtual teams collaborate for a finite period of time towards a specific goal
project management questiontime identify the completion date of the project.budget list out the expenses and any other
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