project
- A project of 2 million has an adverse event that has the probability of 50% of occurrence and a potential loss of $20,000. This represents an expected negative value of:
- The assigned values of risk for a project is best accomplished through a structured methodology that ensures all project elements are evaluated The project tool that is best suited for the structured analysis of the project risk is the:
- While completing a project, a project manager realizes he needs to decrease project costs . After researching his options, he comes up with the following choices . Which choice would DECREASE project costs?
- Another project manager has a family emergency and must leave . He has asked you to fill in for him during a team meeting to discuss a minor problem with the project . He has already distributed a detailed agenda and provided you with a copy . When you at
- You have just learned that one of your team members has not been adequately trained to complete project tasks as assigned to him . How would you handle this situation ?
- The role of each stakeholder is determined by:
- A new project manager is planning a complex hardware installation project. The team consists of 15 people who are experts in their fields. The project manager does not want to manage the project in the detailed level. How far should he decompose the work?
- A project manager and her team worked together to develop a work breakdown structure.However,it seems project team members are doing work that is not included in the work breakdown structure. The purpose of a work breakdown structure is to:
- A new project manager has just been assigned a project that is in progress and is two weeks behind the scheduled time . Your team members are about to be distributed to another project based on the original time estimates by the functional manager . What
- Sensitivity analysis and brainstorming are two of many different methods to identify risk. What are the advantages of using sensitivity analysis?