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Production Costs for General Motors
Use GM (General Motors) as an example, explain variable, fixed, average, marginal, and total cost of production. Describe the conditions that exist when they shutdown their operations, and the conditions that exist when they resume their operations.
Baselines and earned value analysis - how do baselines and earned value analysis help us with this?
Given then that we each have our own risk tendencies, how can we evaluate a risk profile for our project, since each of our organizations has its own tendency to deal with risk
The information in the WBS will later be incorporated into the project management plan for the trade show event.
Whose advice would you seek regarding the pipeline projects? How would you evaluate them to see if they add value under your new "vision" of portfolio management?
Determine the early and late start and finish times and the slack times for the activities. Identify the critical path.
Explain the importance of incorporating a budget into a project schedule.
Project Sponsorship and Leadership - A project manager needs to understand how to escalate issues and decisions at the right time during a project
Calculate minimum costs, times, and cost schedules - What is the minimum cost to crash the project one week and What activity will be crashed
Prepare a responsibility matrix and clarify all roles.
PMI's Project Management Book of Knowledge states that Communications Management includes the following processes. Manage Stakeholder Expectations.
Why is risk management an important aspect of project management?
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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