Most projects will employ bottom-up estimating at some point to serve as a basis for estimating cash flow needs and for controlling the project. true or false?

Risk management involves identification, assessment, control, and response to project risks to minimize the likelihood of occurrence and/or potential impact of adverse events on the accomplishment of the project objective. Risk identification includes determining which risks may adversely affect the project objective and estimating what the potential impacts of each risk might be if they occur. Describe the steps involved to manage risk on a project. How can a risk assessment matrix help in this process? What risks for a project have the highest priority? Does the priority for a risk change as the project progress?

Select the best answer for the following questions: 1) An ongoing process that evaluates and implements functions that drive a business is: a) Mission impossible b) Continuous improvement c) Quality control d) Cost effectiveness 2) Project Schedules are meant to provide a path forward to guide the project planning process, but not all activities are on the 'critical' path. Those activities not on the Critical Path are distinguished by including: a) Cost of activity b) Total Float c) Long Lead time d) Negative Lag 3) At what point in an engineering project is the Engineer involved? a) Conceptual Development b) Providing specifications c) Design Development d) Financial pro-forma 4) Engineers are characteristically good at all of the following but: a) Analyzing critical data b) Providing alternate solutions to process development c) Delegating tasks for a project d) Provide Quality control during design.

Montgomery Healthcare System is a  health system that has 14 hospitals and 32 outpatient clinics. The leader is responsible for working with a team of health professionals to improve clinical errors, compile reports, implement evidence based management practices, and collaborate to provide training to health professionals at all levels. The leader is working with an interdisciplinary team of various specialties, backgrounds, and personalities. This is a high visibility project as the  CEO wants weekly reports on progress  based on the outcomes.  Unfortunately there are a  few team members that do not get along and it is challenging to get these professionals to work together to achieve the goals defined.  Please remember to write from a 3rd person perspective and use references to support ideas, assumptions, and answers for this analysis.  Thank you!    Please write a paper describing the following:  Who's on the team? Define team roles? What is the actual interpersonal conflict? How…

During the planning phase, the team is fully engaged in the development of scope of work, design criteria, key deliverables, execution strategy, project timeline, cost estimates and resource planning, however often there are important areas that could be overlooked due to time constraints or lack of focus. What are the critical aspects to oversee?

What are the benefits and drawbacks of using a pre-existing model as a jumping off point for a project, as opposed to starting from scratch?

Hi, can you help me find one positive risk and find the response strategy and specific response action for it and also explain in detail why you think they have that level of probability and impact on the project. can you also place it in the probability impact matrix. here is a picture of my work, if you can just follow as I did for the positive risks.  Thanks in advance

Management wants to explore the total profit using What If analysis with the data below. Fixed Cost = $10,000 Material cost per toy = $0.15 Labor cost per toy = $0.10 Vary the Revenue per toy from 0.60 to 1.10 by 0.05, and the labor cost from 0.08 to 0.16 by 0.01 When the quantity sold is 27,000 toys, what is the range of profits when the sales price is $$0.70? - $1,090 to $1,340 $260 to $2,690 $1,610 to $4,040 $2,960 to $5,390 $530 to $2,960

The term that is important for small business owners to know about is labor-intensive. Which means that Explain how the concept of labor intensive can either lead to the success or failure of the Business venture for the Official Company you and/or your team selected for the BDP Project.

What are the benefits and drawbacks of starting a project using a model that has already been constructed vs a blank piece of paper?