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Computing the uncertainty and risks

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Reference no: EM131170658

1) "Uncertainty and Risks  " Please respond to the following:

  • In the video, Michael T. Pich, one of the textbook authors, recommends two approaches for uncertainty and subsequently risks. As companies strive to remain in business, there are many economic, social, and technological unknowns. As a project leader, determine how you would explain Pich's three classical approaches to your project team.  
  • From the e-Activity, provide an example of a project choosing selectionism and learning.

2) "Selectionism and Learning" Please respond to the following:

  • Reexamining the Circored Project from Chapter 2, explain the cost of Darwinian selectionism.
  • For this project, explain the benefit of the contingency planning approach.

Reference no: EM131170658

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