1 Why are accurate estimates critical to effective project management?
1 Why are accurate estimates critical to effective project management? What steps can project managers take to improve the accuracy of estimating projects? 2 What argument can you provide as to why a project’s scope must be tied to the WBS? What are the implications if scope is not adhered to closely? 3 What are the differences between bottom-up and top-down estimating approaches and under what conditions would you prefer one over the other? 4 How do you define quality in a project? Provide some examples of project reporting metrics a project manager could use to measure and communicate the status of quality during a project.
- 1. As stated in the chapter, annuity payments a...
1. General Mills will receive $27,500 a year for the next 10 years as a payment for a weapon he invented. If a 12 percent rate is applied, should he be willing to sell out his future rights now for $160,000?1. General Mills will receive $27,500 a year fo...
- 1. You will receive $4,000, three years from no...
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