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1. What are the triple constraints? What key elements are interrelated? What happens if one of the elements changes? How does it affect the other two? Explain.
2. How is conflict management critical to Project Management? What can happen during a period of conflict within a team? How does this differ from a conflict with a customer; or a supplier? What are some techniques to manage conflict? Have you ever tried any of these? What was the result?
You are preparing a project to lay fiber optic cable. The first task is to mobilize the team. You estimate this will take one week and cost $3000. The second task is to lay the cable.
Formulate a reasonable Investment Policy Statement
All projects consume resources, including time and money, in order to deliver a product of a particular scope and quality.
What is the one time cash flows/terminal cash flow associated with ending the project?
Provide your thoughts on what the purpose of a problem solving meeting is and how would one be conducted?
What are three benefits of document management systems?
What difficulties can occur if the contractors have decided on work assignments, and what changes may be necessary if problems occur?
Explain how improving quality can lead to reduced costs.
Which project do the debtholders prefer and which project do the shareholders prefer?
What are the advantages and disadvantages of workers having more control over the inspection of their own work?
What was the impact of those success areas on the overall determination of project success?
What are the two most important abilities a good project manager should have?
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