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1. Why are accurate estimates critical to effective project management? Please explain in detail.
2. What argument can you provide as to why a project's scope must be tied to the WBS? Please explain in detail.
Essay Question: You have been assigned to a new innovative project in your organization. The scope has been completed. You next need to create a WBS and a WBS dictionary. What information should be contained in a WBS dictionary?
Suppose you now wanted to calculate duration estimates for these activities. How would you make use of the following approaches?
A writing an article about call centre working conditions a reporter has claimed that the average tenure is no more than two years. Formulate and test a hypothesis using these data to determine if this claim can be disputed.
Write paper on Inventory Management System.
Create a 7-10 slide presentation comparing and contrasting two major ERP systems from different ERP software providers.
Masters Corp. has two bonds with 20-years remaining until maturity. Both bonds are unsecured and are callable at $1,050. Bond A was issued 20 years ago with a coupon rate of 6%. Bond B was issued 10 years ago with a coupon rate of 8%.
What criteria would managers use to manage this trade-off? How do social analytics aid an organization?
The Work Breakdown Structure (WBS) subdivides the scope of work into manageable work packages that can be reliably estimated and assigned to a responsible person for completion. Discuss five uses of a WBS in Project Management
List and describe two techniques for risk identification, such as brainstorming, a Work Breakdown Structure (WBS), or a scenario analysis.
Describe the market growth rate for product and service.
What are the four alternatives a project organization can adopt in deciding how to address and respond to its risks?
Why is quantitative risk so important in risk mitigation? Explain how you have seen this in live action or in your organization.
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