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Q1) Quantitative Module A: Question 3: Give an example of a good decision you made that resulted in a bad outcome. Use the six steps in the decision process to present your decision. Also, give an example of a bad decision you made that had a good outcome. Why was each decision good or bad?
Q2) What is the difference between systematic risk and unsystematic risk? How can the beta coefficient be used to assess risk? Is it better to maximize return or minimize risk? Why?
Using a relevant product within the hospitality or tourism sector answer the three following questions. Define the term product. Describe the four main product levels that applies to your chosen product.
What are the responsibilities of a project manager in a matrix-type organization? What about project-type organizations?
What is the relevant cost of the 220 kilograms of the raw material when deciding weather to proceed with the special project.
What do we really know about the project management process?
Develop a policy that is specific for reducing the hazard/incident.
Describe the market growth rate for product and service.
There is a lot of talk about the process for developing cost estimates but the schedule process is not as well defined.
However, there are sevel issues to be aware of when coverting the CPM-based plan to reality and actually executing the project.
Identifying the ways in which project selection affects risk. Explain how these risks can be reduced.
Develop a basic service blueprint for eBAGS' current product line. After analyzing your blueprint, would you recommend to eBAGS managers that they consider business process reengineering?
Select an organizational structure;(functional, matrix, or projectized) and assess the influence on project roles and decisions made in both your home country and oversees.
A project manager's effectiveness is limited by the thoroughness, reliability, validity, and honesty of the performance measurement system employed.
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