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Cost in Project Management
Why is it important for management to understand the forecasted cost at completion (FCAC)? What if the FCAC is less than the original expected budget? Will they still want to know the details?
Why do you think it is important to evaluate potential projects before proceeding with implementation?
The resource-based view of the firm is one of the most influential current theories in operations strategy (Slack, 2007). Critically evaluate and argue how firms' should consider resource based view during the location selection process?
Write a paper explaining why a company should use these techniques to manage risk throughout a project.
If IRR is 15%, would you please tell me how to find out the maximum price that the company would be willing to pay for the new equipment? Ignore taxes.
With respect to cultivating stronger projects, what important issues should it address, and how?
Identify current trends in macro and microeconomics.
Identify "Risk" in project management
What would you consider the attributes of high-performing project teams and what issues do you think most prevent teams from becoming high-performing and what would you do to address those issues?
Prepare a project network consisting of at least 20 steps that should be done to complete the project. Be sure to indicate some degree of precedence relationship among the activities.
What are some differences in the analysis for a replacement project versus that for a new expansion project?
Production department--$10,000,000 needed to purchase new equipment and redesign the manufacturing facility to reduce product costs and improve quality.
Review the Fleming and Koppelman article from your assigned readings.
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