Describe analogous-parametric and bottom-up estimating

Assignment Help Operation Management
Reference no: EM131279202

1. Describe analogous, parametric and bottom-up estimating, and briefly discuss the advantages and disadvantages of each method.

2. Identify four common project risk strategies employed to address threats (excluding research) that your project may face. Give an example not given in the book of each.

Reference no: EM131279202

Questions Cloud

Optimal first order quantity : Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $20 each from its Asian supplier. Unfortunately, at the time of order placement, demand is still uncertain. Given the opportunity to order from the American s..
Promote ethical behavior and practices in the workplace : What types of programs should HRM be delegated to put in place to promote ethical behavior and practices in the workplace? Describe unethical behavior in a company regarding practices such as hiring, recruitment, discrimination, harassment, promotion..
When forecasting for internal supply and demand of labor : When forecasting for internal supply and demand of labor, what can an employer do to better anticipate future conditions affecting talent acquisition?
What is a cooperative business : What is a cooperative business? Provide an example of a cooperative business. What type of business is it (for example, consumer, worker, financial)? List and describe the six ‘Rochdale Principles of Cooperation’ – the basic principles we would expec..
Describe analogous-parametric and bottom-up estimating : Describe analogous, parametric and bottom-up estimating, and briefly discuss the advantages and disadvantages of each method. Identify four common project risk strategies employed to address threats (excluding research) that your project may face. Gi..
Formulate linear programming problem to minimize total cost : The Charm City Utilities Inc. supplies natural gas to customers in three areas. The company purchases natural gas from four companies: A, B, C and D. Formulate a linear programming problem to minimize total cost for this transportation problem by def..
What are the keys to effective internal marketing : Describe the importance of project communications, and the essential factors to be considered when creating a project communications plan. Identify and describe the three steps that the team should follow in order to define project scope and create a..
Challenges in identifying opportunity for improvements : Determine at least two (2) challenges in identifying Opportunity for Improvements (OFIs). Suggest at least one (1) strategy that business management can use to mitigate the challenges in question. Provide a rationale to support your suggestion.
Considering a job offer from a foreign-owned firm : Your best friend is considering a job offer from a foreign-owned firm. He knows you have studied this issue at your college, and asks for your assessment of the pros and cons of accepting the offer. What would you say?

Reviews

Write a Review

Operation Management Questions & Answers

  Muckraking journalists in the context of the progressive

The California Politics textbook mentions “muckraking journalists” in the context of the “Progressive” era in California politics. Since this course includes the impact of media on the political process in general and California politics in particula..

  Decide when something is violation of intellectual property

How do you decide when something is a violation of intellectual property? For example, if you tried to publish a book called “Sally Potter and the World of Bogwarts” about an English orphan girl who finds out she is a witch and goes off to a magic sc..

  Discuss pros and cons of early versus late market

Discuss the pros and cons of "early" versus "late" market testing. Ideally, how should the decision be made?

  Think is the most important part of a business plan

What do you think is the most important part of a business plan? Why? What would be differences in a business plan for a start-up business and an existing business? Why do you think it's important to write a business plan?

  What are the three factors contributing to this dilemma

You are the new Practice Manager of a busy medicine practice. There are five physicians in this practice. They see patients four days a week using a myriad of exam rooms, plus each physician has his/her own consultation room. What are the three facto..

  Health studio gym that offers many types of fitness classes

Holly owns Holly’s Health Studio a gym that offers many types of fitness classes. One class that is offered is group weightlifting. One day the 9am class consists of 20 people and is very crowded. Immediately after the 9am class leaves the 10am class..

  Push-based production with pull-based production strategies

Compare and contrast push-based production strategies with pull-based production strategies. What are the primary capabilities, advantages, and disadvantages of each?

  Identify the key constraints of the project

Create a project charter and identify the key constraints of the project (scope, budget, timeline, quality, people resources, etc.). Using the scenario from this unit, create a spreadsheet that lists all the project risks you see based on what you ..

  Life insurance on decedent is included in the gross estate

What is the test for determining whether life insurance on a decedent is included in the gross estate? How is this important in an estate plan? Describe the treatment on the estate tax return of jointly owned property in the estate of the first joint..

  Technology impact on human resources

THREE advantages and THREE disadvantages to utilizing Applicant Tracking Systems. Next, suggest TWO potential solutions for improving Human Resource Information Systems operations.

  Explain the components of the market research report

Explain the components of the market research report. Include a company in your explanation and how the final report will be useful to that type of company.

  Business ethics-use of internet at work: policy proposals

Your consulting services have been requested by the CEO of a Fortune 500 company. The CEO is concerned about the use of the internet at work and employs your consulting services to discuss her concerns. Possible torts that could be committed by emplo..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd