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Question.3056 - Answer each of the following 20 questions in 5–10 sentences. Question 1 How do the following values help in comparing two potential projects? Payback Period, Net Present Value, and Internal Rate of Return Question 2 For a real-world project (for example, construction of a bridge), describe how you would perform each of the following to manage the project scope: Collect Requirements, Define Scope, Create WBS, Verify Scope, and Control Scope. Question 3 Create a project network diagram with four activities (A, B, C, and D) where A is a predecessor of B and C, and D’s predecessors are B and C. Illustrate how the nine steps of the Critical Path Method can be applied to this project. The durations of A, B, C, and D, are 5 weeks, 7 weeks, 9 weeks, and 12 weeks, respectively. Question 4 Interpret the following performance measures in a project status report: CV = -$5,000, SV = +$8,000, CPI = 0.85, SPI = 1.13, and EAC = $80,000. Question 5 For a real-world project (for example, construction of a bridge), describe how you would use the “seven basic tools of quality control” to manage the project quality. Question 6 List the elements of a scope management plan. Question 7 What are the differences between the Critical Path Method (CPM) and the Project Evaluation and Review Technique (PERT)? Question 8 Describe the role of a project manager in procurement management. Question 9 Give an example for the Risk Responsibility Matrix. Question 10 Describe each of the elements of PMI’s Code of Ethics. Question 11 List the elements of an HR management plan.Question 12 In which of the five process groups do you see each of the following? Give reasons. Acquire Project Team, Develop Project Team, and Manage Project Team Question 13 What are the four types of project communication methods, and when are they appropriate? Give an example for each type. Question 14 For a real-world project (for example, construction of a bridge), describe how you would perform the following to manage the project risk: Risk Management Planning, Risk Identification, Qualitative Risk Analysis, Quantitative Risk Analysis, Risk Response Planning, and Risk Monitoring and Controlling. Question 15 What are the differences among planning, conducting, administering, and closing procurements? Question 16 Explain the process and significance of Integrated Change Control. Question 17 Give five examples of communication barriers during project management. Question 18 Explain with an example, a process control chart and its purpose. Question 19 Give five examples of poor quality costs. Question 20 What are the differences between top-down and bottom-up estimations?

Answer Below:

PROJECT xxxxxxxxxxxxxxxx to xxxxxxxx No xxxxxxx Period- xxxxxxx period xx the xxxxxx of xxxxx taken xx recover xxx amount xxxxxxxxxx invested xx a xxxxxxx by xxx company xxxx the xxx cash xxxx is xxx While xxxxxxxxx two xxxxxxxxx projects xxx company xxxxxx choose xxxx project xxxxx encounters xxx maximum xxxxxxx period xxx with xxxxxxxx payback xxxxxx i x the xxxxxxx which xxxxxxxx the xxxxxxxx investment xxxxx is xx be xxxxxxxx This xxxxxx is xxxxxxx in xxxxxxxxx the xxxx in xxx project xxx is xxxxxx in xxxxx s xxxx changing xxxxxxxxxx Net xxxxxxx Value- xxxx the xxxxxxx investment xx a xxxxxxx is xxxxxxxx from xxx sum xxxxx of xxx discounted xxx cash xxxxx taking xxxx consideration xxx cost xx capital xx the xxxxxxx we xxx the xxx Present xxxxx NPV xxxx we xxxxxxx two xxxxxxxxx projects xxxx the xxxxxxx that xxxxxxxxx the xxxxxxx NPV x e xxx highest xxxx return xxxxxx be xxxxxx by xxx company xxxxxxxx Rate xx Return- xxxxxxxx Rate xx Return xxx is xxxx rate xx return xx which xxx NPV xx a xxxxxxx becomes xxxx i x the xxxx inflows xx a xxxxxxx is xxxxx to xxx cash xxxxxxxx A xxxxxx rate xx set xx the xxxxxxx and xx order xx accept x project xxx IRR xx the xxxxxxx should xx equal xx the xxxxxx rate xx greater xxxx the xxxxxx rate xx there xxx two xxxxxxxxx projects xxxx the xxxxxxx should xxxxxx that xxxxxxx which xxx the xxxxxxx IRR xxxxxx to xxxxxxxx No xxxxxxx Scope xxxxxxxxxx means xxx collection xx processes xx order xx make xxxx that xxx necessary xxxx which xxxx help xx project xxxxxxxxxx is xxxxxxxx in xxx project xxx those xxxxx are xxx required xx precluded xx order xx manage xxx project xxxxx there xx a xxxx step xxxxxxx as xxxxxxx Collect xxxxxxxxxxxxx Through xxxx process xxx requirements xxxxx are xxxxxxxxx to xxxxxxxx the xxxxxxx and xxxx its xxxxxxxxxx are xxxxxxx and xxxxxxxxxx from xxx project xxxxxxx and xxx register xx the xxxxxxxxxxxx This xxxxxxx helps xxx project xxxx to xxxxxxxx the xxxxxxxxxxxx of x project xxxxxxx in xxxxxx as xx how xx meet xxxxx requirements xxx to xxxxxxx the xxxxxxxxxxxx in xxxxxx during xxx execution xxxxx Define xxxxxx In xxxxx to xxxxxxx this xxxxxxx a xxxxxxxx project xx required xxxxxxxxxx assumptions xxxxxxxxxxxx and xxxxxxxxxx and xx order xx complete xxx project xxxx a xxxxxxxxx is xxxxxxxxxxx Create xxxx Through xxxx process xxx deliverables xx the xxxxxxx are xxxxxx down xxxx smaller xxxxx which xxx be xxxxxxx easily xxx it xx known xx work xxxxxxxx at xxx lowest xxxxx Through xxxx structure xx becomes xxxx to xxxxxxxx the xxxxxxx as xxxx as xxxxxx and xxxxxxx the xxxxxxx scope xxxxxx Scope- xxxx step xx helpful xx managing xxx project xxxxx because xxxxxxx this xxxxxxx acceptance xx the xxxxxxx deliverables xx received xx the xxxxxxx team xxxx the xxxxxxxx and xxx customers xx the xxxxxxx Control xxxxxx Through xxxx process xxx project xxxxx is xxxxxxxxxx and xxxxxxxxx and xx there xxx any xxxxxxx to xx made xx the xxxxxxx scope xxxx that xx also xxxxxxx Answer xx Question xx The xxxxxxxxxx of xxxx project xxx be xxxxxx as xxxxx Activity xxxxxxxxxxx Predecessor xxxxxxxx A xxxx weeks x A xxxxx C x weeks x B xxx C xxxxx The xxxxxxxx path xx this xxxxxxx is x - x - xx it xxxxx the xxxxxxx time xx complete xxx project xxx the xxxxxxxx activities xxx A x amp x Answer xx Question xx Cost xxxxxxxx CV x This xxxxxxxx reflects xxx amount xx which xxx project xx over-run xx under-run x negative xx meaning xxx project xx over-run xxx a xxxxxxxx CV xxxxxxx project xx under-run xx order xx calculate xxx Cost xxxxxxxx the xxxxxx Cost xx is xxxxxxxxxx from xxx Earned xxxxx EV xxx a xx - xxxxx the xxxxxxx is xxxxxxxx by xxx amount xxxxxxxx Variance xx Through xxxx variance xxx amount xx which xxx project xx either xxxxxx the xxxxxxxx or xxxxx of xxxxxxxx is xxxxxxxxxx a xxxxxxxx SV xxxxxxx the xxxxxxx is xxxxxx schedule xxx a xxxxxxxx SV xxxxxxx the xxxxxxx is xxxxx of xxxxxxxx It xx calculated xx subtracting xxx Planned xxxxx PV xxxx the xxxxxx Value xx and x SV xxxxx that xxx project xx ahead xx schedule xx terms xx the xxxxx of xxxx Cost xxxxxxxxxxx Index xxx - xxxx the xxxxxx Value xx is xxxxxxx by xxx Actual xxxx AC xx get xxx CPI xxxx CPI xx greater xxxx it xxxxx the xxxxxxx is xxxxxxxxxxxx if xxx is xxxx than xx means xxx project xx over-run xxx thus xxx means xxx project xx over-run xxxxxxxx Performance xxxxx SPI xxxx we xxxxxx the xxxxxx Value xx by xxx Planned xxxxx PV xx get xxx SPI xx the xxx is xxxxxxx than xx means xxx project xx accelerating xxx if xxx SPI xx less xxxx it xxxxx the xxxxxxx is xxxxx delayed xxx thus xxx means xxx project xx accelerating xxxxxxxx at xxxxxxxxxx EAC x This xx the xxx total xx the xxxxxx Cost xx of xxx project xxxx has xxxxxxx been xxxxx on xx and xxx Estimate xx Complete xxx the xxxxxxxxx work xx the xxxxxxx EAC xxxxx that xxx project xxxx be xxxxxxxxx at xxxx amount xx an xxxxxxxxxx Answer xx Question xx In xxxxx to xxxxxx the xxxxxxx quality xxxxx are xxxxx basic xxxxxxx tools xx follows xxxxxxxxxx Through xxxx diagram xxx inputs xxxxxxx and xxxxxxx of xxxxxxxxx are xxxxxxxx and xxxx chart xx helpful xx order xx monitor xxx control xxx system xxxxxxx at xxx flowchart xx can xx determined xx to xxx to xxxxxxxxx the xxxxxx Run xxxxxx Through xxxx chart xx analysis xxx prediction xxx be xxxx of xxx future xxxxxxx based xx the xxxx performance xx construction xxx labour xxxxxx trends xxx be xxxxxxxxx based xx the xxxx performance xx order xx reach x completion xxxx Scatter xxxxxxxx This xxxxx helps xx identify xxx relationship xxxx exists xxxxxxx two xxxxxxxxx one xxxxxxxx depicting xxx axis xxx the xxxxx variable xxxxxxxxx the xxxxx Histogram- xxxxxxx this xxxxx the xxxx is xxxxxxxxx in x proper xxxxxx and xxx importance xx each xxxxxxxx is xxxxxxxx in xxxx chart xxxxxx Diagram- xxx errors xxx defects xxxx exists xx a xxxxxxx are xxxxxxxxxx through xxxx diagram xxx ranked xxx prioritised xxxxxxxxx to xxx highest xxxxxx they xxxx on xxx concern xxxxxxx Chart- xxx variances xx a xxxxxxxx is xxxxxxxxx though xxxx chart xxx it xxxx helps xx establish xxxxxxx the xxxxxxxx of xxxx variable xx within xxxxxxxxxx quality xxxxxxx parameters xxxxx and xxxxxx Diagram- xxxxxxx this xxxxx the xxxxxxx of xxx cause xxx effect xx a xxxxxxx can xx identified xx construction xx there xx any xxxxxx in xxx material xx the xxxxxxxxxxxx is xxx properly xxxx then xxxx chart xxxxx to xxxx a xxxxxxxx to xx Answer xx Question xx A xxxxx Management xxxx helps xx provide x framework xxx the xxxxx management xxxxxxxxx The xxxxxxxx of x scope xxxxxxxxxx plan xxx as xxxxx The xxxxxxx scope xxxxxxxxx should xx prepared xx detail xxx Work xxxxxxxxx Structure xxx should xx defined xx detail xxx it xxxxxx also xx planned xx to xxx it xxxx be xxxxxxxx as xx whether xxx project xx accurate xx not xx has xx be xxxxxxxxxxx as xx how xx maintain xxx WBS xxx how xx will xx for xxxxxxxxxx The xxxxxxxxx of xxx project xxxxx is xxxxxx also xx determined xx has xx be xxxxxxx as xx how xx obtain xxx acceptance xxxx the xxxxxxx is xxxxxxxxx If xxxxx are xxxxxxx to xx made xx the xxxxxxx scope xxxxxxxxx and xxxxxxx is xxxxxxxx to xx so xxxx a xxxxxxx procedure xxxxx to xx established xx order xxxxxxx the xxxxxxx If xxx changes xxxxxx the xxxxxxx scope xxxx the xxxxxx should xxxx be xxxxxxxxxx Answer xx Question xx PERT xxxxxxx Evaluation xxx Review xxxxxxxxx and xxx Critical xxxx Method xxx both xxxx in xxxxxxx management xxx there xxx differences xxxxxxx them xxxxx are xx follows xxxx CPM xx is x probabilistic xxxxx because xxxx technique xxxxx to xxxx and xxxxxxx those xxxxxxxx having xxxxxxxxxx subject xx uncertainty xx is x deterministic xxxxx because xxxx technique xxxxx to xxxx and xxxxxxx those xxxxxxxxxx that xxx not xxxxxxxxx to xxxxxxxxxxx and xxxxxx fixed xxxxxxxxxxx times xxxx is xxxxx oriented xxx is xxxxxxxx oriented xxxxx is xx such xx critical xxx non xxxxxxxx activities xx PERT xxx critical xxxxxxxxxx are xxxxxxxxxxxxxx from xxx other xxxxxxxxxx in xxx Projects xxxxxx availability xx resources xxx this xxxx of xxxxxxxxx Projects xx which xxxxxxxxxx is xxxxx to xxx overall xxxxx use xxxx method xxxx type xx technique xx suitable xxx research xxx development xxxxxxxx This xxxx of xxxxxx is xxxxxxxx for xxxxx constructions xxxx building xxx In xxxx time xx the xxxxxxxxxxx factor xx CPM xxxx is xxx controlling xxxxxx Answer xx Question xx The xxxxx of xxx project xxxxxxx in xxxxxxxxxxx management xxx as xxxxxxx Procurement xxxxxxxxxx It xx the xxxxxxxxxxxxxx of xxx project xxxxxxx to xxxxxx that xxxxx documents xxxxxxxx describe xxx work xxxxx has xx be xxxx by xxx vendor xxx also xxxx out xxx techniques xxxxxxx which xxx vendor xxxx be xxxxxxxx Scope- xxx project xxxxxxx needs xx make xxxx that xxx contract xx the xxxxxx contains xxx scope xx the xxxxxxx and xxxx prepare xxx statement xx work xxxxxxxxx The xxxxxxx manager xx responsible xx determine xxx roles xxx responsibilities xx the xxxxxxx team xxxxxxxxx The xxxxxxx manager xxxxxx obtain x copy xx the xxxxxxxx of xxx vendor xx that xx can xxxxxxx it xx the xxxxxxx project xxxxxxxx and xxxx track xxx progress xx the xxxxxx against xxx original xxxxxxxx Costs- xxx role xx the xxxxxxx manager xx to xxxxxxx cost xxxxxx alternatives xx the xxxxxx s xxxxxxxx Performance xxxxxxxx The xxxxxx which xx submitted xx the xxxxxx should xx reviewed xx the xxxxxxx manager xxxxxxxx If xxxxx are xxxxxxxx changes xx be xxxx by xxx contracting xxxxxxxxxx then xx is xxx role xx the xxxxxxx manager xx communicate xxxx the xxxxxxxxxx and xx assess xxx impact xx the xxxxxxx the xxxx changes xxxx have xxxxxxxxxxxxxxx is xxx duty xx the xxxxxxx manager xx verify xxxx the xxxxxxxxxxxx are xx per xxx requirements xxx are xx a xxxxxxxxx to xx used xxxxxxxxx The xxxxxxx manager xxxxx accepting xxx deliverables xx responsible xx inform xxx appropriate xxxxxxxxxx that xxx deliverables xxx in xxxx condition xxx thus xxx payment xxx be xxxx Procurement xxxxxxx The xxxxxxx manager xxxxxx document xxx lessons xx and xxx team xxx learned xxxxx procurement xxxx vendors xxxxxx to xxxxxxxx No xxxxxxx of xxxx Responsibility xxxxxxxx take xxx risk xxxxxxxx in x project xx one xxxx and xxx persons xxx assumes xxx responsibility xxx the xxxx in xxx other xxxx In xxxx example xx consider xxxx persons x B x amp x who xxx involved xx the xxxxxxx When xxx risk xx low xx well xxxx responsibility xx to xx assumed xxxx D xx responsible xxx when xxx risk xx low xxx responsibility xx high xxxx B xx responsible xxxxxxxxx when xxx risk xx high xxx still xxxx responsibility xx to xx assumed xxxx C xx responsible xxx when xxx risk xx high xxx more xxxxxxxxxxxxxx is xx be xxxxxxx then x is xxxxxxxxxxx Answer xx Question xx The xxx Project xxxxxxxxxx Institute xx a xxxxxxxxxxxxx description xx the xxxxxxxxx s xxxxxxxxxxxx from xxx ethics xxx professional xxxxxxx viewpoint xxx the xxxx of xxx PMI xxxxx of xxxxxx is xx bring xx confidence xx the xxxxxxx management xxxxxxxxxx The xxxxxxxxx are xxx elements xx the xxx s xxxx of xxxxxx Responsibility- xxxxxxx this xxxxxxx the xxx code xx ethics xxxxxxxxxxxxxx is xxxxxx on xxx practitioners xx take xxxxxxxx and xxxxxxxxxxx decisions xxxxx on xxxxx competence xx that xxx general xxxxxx can xxxxxxx from xxxxx decisions xxx practitioners xxxxxx take xxxxxxxxxxxxxx of xxx decisions xxxx by xxxx and xxxx the xxxxxxxxxxxx that xxxxxx from xxxxx decisions xxxxxxxx It xx the xxxx of xxx practitioners xx understand xxxx the xxxxx is xxx act xxxxxxxx in xxx their xxxxxxxxxxxxxx as xxxx as xxxxx conduct xx is xxxxxxxx from xxxx to xxxxxxx correct xxxxxxxxxxx in xxxx and xxxx commitments xx good xxx honest xxxxx Respect- xxxxxxx this xxxxxxx the xxxx places xxxxxx as xx how xxxxxxxxx it xx to xxxx high xxxxxxx to xxx profession xx well xx respect xxxxxx cultural xxxxx It xx expected xxxx the xxxxxxxxxxxxx to xxxxxxx the xxxxx of xxxxxxxx of xxxxxx and xxx act xxxxxxxxx towards xxxxxx Fairness- xx is xxxxxxxx from xxx practitioners xxxx the xxxxxxxxx they xxxx should xx transparent xxx they xxxxxx allow xxx authorized xxxxxxx access xxx information xxxx require xxxxx Resource xx Management xxxx focuses xx the xxxx that x firm xxxxxx have xxx right xxxxxx in xxxxx so xxxx it xxx attract xxxxxxxxx as xxxx as xxxxxx them xxx motivate xxxx to xxxxxxx better xxx elements xx a xx management xxxx are xx follows xxxxxx Policies- xxxx will xx helpful xx the xxxxxxx in xxxxxxxx as xx how xx hire xxxxxxxxx and xxx to xxxxx on xxx interview xxx also xxxxxxxxx as xx whether xxxxx is x need xx carry xx training xxx current xxxxxxxxx Termination xxxxxxxxx This xxxxx the xxxxxxx in xxxxxxxxxxx the xxxxxxx of xxxxxxxxxxx the xxxxxxxxx and xxxx what xxxx be xxx procedure xx an xxxxxxxx wishes xx quit xxxxxxxxxxx Job xxxxxxxxxxxxx Every xxxxxx working xxxxxx the xxxxxxxxxxxx need xx create xxx descriptions xxxxx should xxxxxxx the xxxxxxxxxxxx which xxx needed xxx that xxxxxxxx Employee xxxxxxxxxxxx The xx management xxxx should xxxxxxx policies xxx employee xxxxxxxxxxx Safety xxxxxxx Every xxxxxxx should xxxx a xxxxxx policy xxxxx should xxxxxxx as xx who xx responsible xxx maintaining xxxxxx and xxxx how xxxxxxxx the xxxxxx meetings xxxxxx be xxxxxxxxx Discrimination xxxxxxxxx Company xxxxxx have xxxxx policies xxx steps xx to xxx the xxxxxxxxxx will xx handled xxxxxxxxx discrimination xxx sexual xxxxxxxxxx Detailed xxxxxxxxx HR xxxxxxxxxx plan xxxxxx create xxxxxxx plans xx detail xxx clarification xxxxxxxx Required xxxxxxxxx All xxxxxxxxx information xxxx are xxxxxxxx should xx properly xxxxxxxxx in xxx plan xxx then xx should xx implemented xx the xxxxxxxx policies xxxxxxxx Policies- xxxxx policies xxxx are xxxxxxxx to x company xxx its xxxxxxxxxxx should xx included xx the xxxx Answer xx Question xx Acquire xxxxxxx Team- xxxxxxx this xxxxxxx the xxxxxxxxxxxx of xxxxx resource xx confirmed xxx the xxxx which xx required xx complete xxx project xx obtained xx is xxxx of xxx Executing xxxxxxx Group xx the xxxx thing xx to xxxxxxxx the xxxxx required xx the xxxxxxx Develop xxxxxxx Team- xxxx is xxx process xxxxxxx which xxxxxxxxxxxx of xxx team xxx improved xxx there xx better xxxx interaction xxxxx is xxxxxxx in xxxxxxxxx the xxxxxxxxxxx of xxx project xx is xxxx of xxx Executing xxxxxxx Group xxxxxxx it xxxxxxxx improving xxx trust xxxxx team xxxxxxx Manage xxxxxxx Team- xxxx is xxx process xxxxxxx which xxx performance xx the xxxx members xx tracked xxxxxxxx is xxxxxxxx issues xxx resolved xxx changes xxx managed xx that xxx project xxxxxxxxxxx is xxxxxxxx It xx part xx the xxxxxxxxxx and xxxxxxxxxxx Process xxxxx because xxx main xxxxx of xxx process xx to xxxxxx the xxxxxxxxx between xxxx members xxx appraise xxx performance xx the xxxx Answer xx Question xx There xxx four xxxxx of xxxxxxxxxxxxx methods xxx the xxxx types xx communication xxx not xxxxxxxx in xxxx and xxxxx project xxx they xxxx to xx planned xxx are xx under xxxxxxxxxx meetings- xx is xxxxxxxxx to xxxxxxxx as xx which xxxxxxxx require xxxxxxxxxxx and xxxxxxxxxx meetings xxxxxx be xxxxxxxxx which xxx either xx face- xxxxxxx meetings xx electronically xx the xxxxxxxxxx meeting xx not xxxxxxxx conducted xxxx it xxxxxxx team x work xxxxx Project xxxx meetings- xxxxxxxxxxx the xxxxxxx size xxxxx meetings xxx be xxxxx or xxxxxxxxx through xxxxxxxxxx call xxxxxxxx through xxxxx or xxxxxxx other xxxxxxxxxxxxx techniques xxxxxxx this xxxxxxxxxxxxx method xxx project xxxxxxx can xxxx a xxxxxx of xxx day xx day xxxx and xxxxx the xxxxxxxx even xx it xx small xxxxxxxxxx Reports- xxx project xxxxxxxx need xx submit xxxxxxxx reports xx the xxxxxxxxxxxxx which xxx reviewed xx the xxxxxxxx who xxx not xxx stakeholders xx the xxxxxxx Project xxxxxxxx This xxxxxx is xxxx by xxx project xxxx to xxxxxxxxxxx to xxx future xxxxx records xxxxxx be xxxxxxxx so xx to xxxxxx the xxxxxx to xxxxxxxxxx what xxx happened xxxxxx to xxxxxxxx No xxxx Management xxxxxxxxx Risk xxxxxxxxxx planning xxxxx in xxxxxxxx as xx how xxx activities xx risk xxxxxxxxxx are xx be xxxxxxxxx Through xxxx all xxxxx cannot xx eliminated xxx it xxxxx to xxxxxxx mitigation xxxxx so xxxx the xxxxxx is xxxx Risk xxxxxxxxxxxxxxx This xxxxxxxxxxxxxx is xxx process xxxxxxx which xxx risk xxxxx affects xxx project xx determined xxx after xxxx the xxxxxxxxxxxxxxx of xxx identified xxxx is xxxxxxxxxx Qualitative xxxx Analysis x This xxxxx to xxxxxxxxxx the xxxx which xx identified xxxxxxx the xxxxxxxxxxx of xxxxx occurrence xxx the xxxxxxxxxxxxx impact xx has xx the xxxxxxxxx of xxx project xx the xxxx occurs xxxxxxxxxxxx Risk xxxxxxxxx It xx performed xx the xxxx which xx prioritised xx the xxxxxxxxxxx risk xxxxxxxx which xxxxxxx the xxxxxx of xxx project xxx effect xxx risk xxx is xxxxxxxx and x numerical xxxxxx is xxxxx and xx the xxxxxxxx making xxxxxxx a xxxxxxxxxxxx approach xx presented xxxx Response xxxxxxxx Through xxxx process xxx persons xxx are xxxxxxxxxxx for xxxx identified xxxx are xxxxxxxx and xxxxxxx to xx taken xxxxxxx that xxxx are xxxxxxx Action xxxxx are xxxxxxxxx to xxxxxxx to xxx risk xx it xxxxxx Risk xxxxxxxxxx and xxxxxxxxxxxxxxx responsibility xx manage xxx risk xxxx on xxx project xxxxxxx who xxxxx to xxxxxx the xxxxxx of xxx risk xxxxx are xxxxxxxxxx and xxxx make xxxx that xxx risk xxx in xxxxxxx Answer xx Question xx Planning xxxxxxxxxxxxx Through xxxx process xxx project xxxxx are xxxxxxxxxx by xxxxxxxxx services xxxx the xxxxxxx sector xxx it xxxx considers xx to xxxxxxx to xxxxxxx the xxxxxxxx or xxx as xxxx as xxx and xxxx to xxxxxxx them xxxxxxx this xxxxxxx documents xxx prepared xx as xx receive xxxxxxxxxxx and xxxxxxxxx from xxxxxxxxxxx vendors xxxxx details xx to xxx to xxxx the xxxxxxx needs xxxxxxxxxx procurements x Through xxxx process xx is xxxxxxxxxx in xxxxxxxxxxxx of xxx contracting xxxxxxxxx as xx how xx issue xxx contract xxx then xxxxxxxxxxxxx which xx appropriate xxx suitable xx developed xxx methods xx procurement xxx confirmed xx the xxxxxxxxxxx authority xxx the xxxx is xxxxxxx in xxxxx to xxxxxxxx the xxxxxxxx Administer xxxxxxxxxxxx - xxxxxxx this xxxxxxx it xx ensured xx to xxxxxxx the xxxxxxxxxxx of xxx contractor xxxxx the xxxxxxxxxxxx of xxx contract xx there xxx larger xxxxxxxx and xxxxxxxx contractors xxxx it xxxxxxx difficult xx manage xxx interfaces xxxxxxx the xxxxxxxxx providers xxxxxxx procurements x Through xxxx process xx is xxxxxxx that xxx the xxxx are xxxxxxxx completed xxx the xxxxxxx are xxxxxxx with xxx final xxxxxx and xxxxxxxxxxx is xxxxxx for xxx in xxxxxx There xxx specific xxxxxxxxxx for xxxxxxx procurements xx the xxxxx and xxxxxxxxxx of xxx contract xxxxxx to xxxxxxxx No xxxxxxxxxx Change xxxxxxx is x tool xx project xxxxxxxxxx which xxxxx in xxxxxxxx the xxxxxx the xxxxxx has xx the xxxxxxx through xxxxxxxxxx of xxx change xx various xxxxx The xxxxxxx management xxxx should xxxxxxxxx assess xxx change xxxxxxx and xxx project xxxxxxx should xxxxxx a xxxxxxx so xx to xxxxxxxxx people xx give x written xxxxxxx if xxxx wish xxxxxx changes xxxxxxxxxx the xxxxxxxx and xxxxxxxxx of xxxxx changes xx the xxxxxxx The xxxxxx request xx examined xx the xxxxxx committee xxx is xxxxxxxxxx appropriate xxxx the xxxxxxx manager xxxxxxxxxxxx those xxxxxxx in xxx schedule xxx significance xx integrated xxxxxx control xx as xxxxxxxxx If x change xxxxxxx is xxxxxxxxx then xx should xxxxxxx all xxx changes xx be xxxx in xxx project xxx change xxxxxxx is xx be xxxxx to x central xxxxxxxxxx of xxxxxxx which xxxxxxxx or xxxxxx the xxxxxxxx The xxxxxxx requests xxx periodically xxxxxxxx and xxx benefits xxx demerits xxx calculated xxx changes xxxxx are xxxxxxxx are xxxxx to xxx project xxxxx and xxxxxxxxxx properly xxxxxx to xxxxxxxx No xxxx of xxx communication xxxxxxxx are xx follows xxxxxxxxx and xxxxxxxx differences- xxxxx individual xxxx their xxx interpretation xxx want xx receive xxxxx messages xxxxx are xxxxxxxx to xxx Different xxxxxxx interpret xxx same xxxxx in x different xxxxxx and xx there xx difference xx language xxxx communication xxxxxxxxx may xxxx place xxxxxxxxxxx overload- x lot xx information xx there xxxx the xxxxxxxx and xxxx need xx control xxxx properly xx else xx may xx misinterpreted xx overlooked xx a xxxxxx communication xxx become xxxxxxxxxxx Time xxxxxxxxxx if xxxxx is x time xxxxx to xxxxxxxxxxx the xxxxxxxxxxx then xxxxxx the xxxxxxxxxxxxx channel xx shortened xx partial xxxxxxxx are xxxx Distraction xx noise- xxxxxxxx distractions xxxx as xxxx lighting xxxxxxxxxxxxx sitting xxx weakens xxx communication xxxx retention- xx a xxxxxx is xxx interested xx does xxx attend xx what xx being xxxx then xx will xxx be xxxx to xxxxxx it xxx thus xxxxx is x breakdown xx communication xxxxxx to xxxxxxxx No x process xxxxxxx chart xx a xxxxx which xxxxx to xxxxx how x process xxxxxxx over xxxx A xxxxxxx chart xxxxxx has x central xxxx for xxx average xx upper xxxx for xxx upper xxxxxxx limit xxx a xxxxx line xxx the xxxxx control xxxxx The xxxxxxx chart xxxxx to xxxxxx the xxxxxxx causes xx variation xxx control xxxxx is x plot xx some xxxxxxxx of xxxxxxx measurements xxxxxxx time x comparison xx made xxxxxxx the xxxxxx plotted xx the xxxxx and xxx control xxxxxx If x point xxxxxxx the xxxxxxx limits xxxx an xxxxx is xxxxxxxxx This xxxxx that xxxxxxx causes xx variation xxxxx and xxxxxx action xxxxx to xx taken xx that xxx causes xxx eliminated xxxxxx to xxxxxxxx No xxxx quality xxxxx are xxxxx costs xxxx are xxxxxxxx if xxxxxxxxx materials xxx produced xxx internal xxx external xxxx is xxxxxxxx by xxx poor xxxxxxx costs xxxxx results xxxx the xxxxxxx to xxxx the xxxxxxxxxxxx Examples xx poor xxxxxxx cost xxx as xxxxxxx Rework xxxxxx It xx an xxxxxxxx failure xxxxx and xxx caused xx the xxxxxxx do xxx satisfy xxx requirement xx the xxxxxxxxx Delay xxxxxx If xxxxx is xxxxx in xxxxxxxxx the xxxxxxx to xxx customers xxxx it xx treated xx a xxxx of xxxx quality xxxxxxxxx costs- xx is xx internal xxxxxxx costs xxx is xxxxxx when xxxxx is xxxxxxxx in xxxxxxxxx the xxxxxxxx to xxx customers xxxxxxxxxxx It xx an xxxxxxxx failure xxxxx and xx to xx incurred xx the xxxxxxx does xxx meet xxx requirements xx the xxxxxxxx Environmental xxxxxx It xx an xxxxxxxx failure xxxxx which xx incurred xx damage xx caused xx the xxxxxxxxxxx Answer xx Question xx In xxxxxxx management xxxx bottom xx and xxx down xxxxxxxxxxx are xxxx estimation xxxxxxxxxx but xxxxxxxxxxx exists xxxxxxx the xxx Top xxxx estimation xxxxx that xx order xx estimate xxx cost xx the xxxxxxx that xx been xxxxxxxxx worked xx the xxxxxxx manager xxx to xxxx into xxxxxxxxxxxxx previous xxxx of xxxxxxx similar xx the xxxxxxx one xxxxxxx bottom xx estimation xxx project xx thoroughly xxxxxxxxx and xxxx work xxxxxxx is xxxxxxxxx Top xxxx estimating xxxxx in xxxxxxxxxx quickly xxxxxx up xxxxxxxxxx takes x long xxxx for xxx project xxxxxxx Top xxxx estimating xx ideal xxx construction xxxxxxxx Bottom xx estimating xx ideal xx software xxxxxxxx which xxxxxxxx a xxx of xxxxxxxxxxxx REFERENCES xxxx www xxxxxxxxxxxx com xxxxxxxxxx cfa-level- xxxxxxxxxxxxxxxxx payback- xxxxxx asp xxxx www xxxxxxxxxx org xx investment xxxxxxxxx pdf xxxx www xxxxxxxxxxxxxxxxxxxxx com xxxxxxxxxxxxxxxxxxxxxxxxxx scope-management- xxxx html xxxx www xxxxxxxxxxxxxxxxxxxxx com xxx html xxxx www xxxxx ktu xx lt xxxxxx stories xxxxxxxxx ch xxx http xxxx simplilearn xxx project-management xxxxxxxxxxxxxxxxxxxxxxxxxxxx http xxxxxxxxxxxxxxxxxxxxxx wordpress xxx the-seven-tools-of-quality xxxx mis xxx edu xxxxxxxx minf xxxxxxx PMPStudyGuideEx xxx http xxxxxxxxxxx com xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx -scope- xxxxxxxxxxxxxxx http xxxxxxxxxxxxxxxxxxx com xxxxxxxx http xxxxxxxxx vtu xx in x enotes xxx Net xxxxxx pdf xxxx www xxxxxxxxxxxx com xxxxxxxx procurement-and-the-project-manager xxxx http xxx slideshare xxx abualward xxxxxx th-edition-chapter- xxxxxxxxxxxxxxxxxxxxx management xxxx customwritingtips xxx component x item xxxxxxxxxxxxxxxxxxxxxxxxxxxx professional-conduct xxxx http xxx pmi xxx About-Us xxxxxx media xxx Ethics xx pmicodeofethics xxxx http xxx brighthubpm xxx resource-management xxxxxxxxxxxxxxxxxxxxxxxxxxx the-nuts-bolts xxxx www xxx gc xx resources xxxx doc xxx cfbas-sceac xxxxx sspe xxx elements xx e xxx http xxx slideshare xxx abualward xxxxxx th-edition-chapter- xxxxxxxxxxxxxxx resources-management xxxx www xxxxxx net xx mypmps xxxxxxxxxxxxxx human-resources xxxxxxxxxxxxxxx planning xxxx http xxx projectmanagementguru xxx communication xxxx http xxx project-management-skills xxx different-types-of-communication xxxx https xxxxxxx clarizen xxx entries xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Techniques xxxx www xxx gov xxxxx library xxxxxxxxx guides xxx UP xxxx Management xxxxxx ces xxxxx pdf xxxx www xxxxxxxxxxx gc xx biens-property xxxxxxxxx bi-rp xxxxxxxxx approv- xxxxxxx manuelga-pmmanual- xxxx html xxxx www xxxxxxxx com xxxxxxxxx tech xxxxxxx process xxx change xxxx aspx xxxx blog xxxxxxxxxxxx com xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx html xxxx www xxxxxxxxxxxxxxxxxxxx com xxxxxxxxxxxxx barriers xxx http xxx org xxxxxxxxxxxxxxxxxxx data-collection-analysis-tools xxxxxxxx control- xxxxx html xxxx www xxxxxxxxx com xxxxxxxxxxxxxxxxxxxx http xxx isixsigma xxx implementation xxxxxxxxxxxxxxxxxx cost-quality-not-only- xxxxxxxxxxxxx http xxx six-sigma-material xxx Cost-of-Poor-Quality xxxx http xxx ehow xxx info xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx approaches xxxx http xxx projectmanagementquestions xxx difference-between-bottom-up-top- xxxxxxxxxxxxxxxxxxxxxxxxxx

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