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Question 1:
What do you mean by crash duration? Explain the Time-Cost Optimization algorithm
Describe how you can choose an appropriate forecasting model
• Guidelines for Selecting a Model for the Purpose of Forecasting• Performing a Residual Analysis• Measuring the Magnitude of the Residual Error Through Squared or Absolute Differences• Mean Absolute Deviation• Principle of Parsimony
Question 2:
a. Prepare a note on Graphical Evaluation and Review Technique
A Explanation of GERT
How GERT accommodates contingency of PERT
Describe the time-series smoothing
A Moving averages Exponential Smoothing
Show how you will forecast project cost at completion
The Head of Insurance at JKL Bank has been considering how to make efficiencies in the operation of the Car Insurance Business Unit. One option under consideration is to outsource
What are the processes of producing budgets? The process of producing budgets: • A budget manual is formed to provide instructions, delegate responsibilities, reporting line
critical analysis of the pmp
Define why the concept of PPSO arose into the first place. The basses of the PPSO lie into the provision of administrative maintain for project managers, to look after several
Project management-related deliverables: business case, charter, team contract, scope statement, WBS, schedule, cost baseline, status reports, final project presentation, final pro
Layout Planning and Analysis Designing and installing a layout for the first time and subsequent revision may be looked after by the. Engineering or planning department. Not i
ISO 8402 deals with standardization of quality vocabulary. ISO 9000 is actually a series of guidelines for selection and use of the appropriate systems standards of ISO 90
How quickly are group norms established in a meeting?
C ontrol charts Control charts are tools used for monitoring, controlling and improving processes over time. These are applicable to administrative processes.
The objectives of assignment are to determine what best practices apply to project implementation and close out, and to apply your individual knowledge of the quantitative topics t
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