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Vendor risk in Projects
One of the risks you anticipated for a project was the late delivery of the prototype from the vendor. You adjusted your project schedule to minimize the impact of the risk, built in a penalty for late delivery, and created action plans in case the vendor delivered late. You also identified a risk with the vendor, that they have very little technical depth. If the key engineer is not available to your project, the risk of a delay is even greater.
Describe how you will interact with the vendor in managing these two risks:
How will you monitor the engineer's availability risk?
How will you measure the vendor's progress?
What information will you ask them to share with you? How frequently?
How will you know if the situation is becoming critical? What will you do?
Concept of Change Management Process in a Project - Explain the concept of the change management process within a project.
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Prepare a presentation covering the following: the benefits of project planning and project management within the various types of organizational systems
Find and achieve basic competency in technical areas of project management including PERT, CPM, Gantt, Work Breakdown Structures, and other forms of project planning and control. Prepare a project plan from given elements of a project scenario.
Calculate minimum costs, times, and cost schedules - What is the minimum cost to crash the project one week and What activity will be crashed
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Some changes to your program. Discuss and begin to prepare plans among your group members how you will go about making modifications you should make to keep your sub-project on track.
What is the break-even point in units for the company?
What might a PM(Project manager) do prior to the termination phase of project to minimize the fear?
Strategic Considerations To Justify A Project - Many financial analysts are very skeptical of the use of strategic considerations to justify a project.
The sales manager is always focusing on how to improve customer service. Initiate periodic upgrades based on current trends.
Give entries to record Operation carryback, assuming a 50% valuation allowance is needed for any deferred tax asset.
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