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Explain what is the relative quality between Toyota Corolla and Rolls Royce?
Too many people believe high quality is synonymous with high price or high cost. Pick two functionally similar products that compete in very different markets and discuss the relative quality of each, Toyota Corolla and a Rolls Royce. Is cost often a function of the market requirements and can high quality is achieved at any cost point? Why or why not?
What do you understand by the term Scheduling? Explain how the following ways for duration compression of a project can be achieved- Fast tracking Crashing
What are the possible project impacts if you spend a lot of time gathering information versus spending the least amount of time possible?
How did the cultural norms affect this project from a positive or negative perspective?
What are some differences in the analysis for a replacement project versus that for a new expansion project?
Explain the difference between Macro and Micro risk management.
How much cash should the bank keep at an ATM if its annual cost of money is 10%? How often should the bank replenish an ATM?
What kind of reports or other ancillary monitoring attributes should be documented at project termination? Why? How?
Describe a situation where you could see using the Incremental Project Management Life Cycle.
How might capacity decisions affect the success or failure of the restaurant?
Explain what is the one time cash flows - terminal cash flow associiated with ending the project?
What are the benefits of project management? Provide an example of how you have relied on project management.
Show the two managerial approaches: single-leader discipline and team discipline and using a project environment discuss what each approach means and when it would be appropriate to use each approach
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