The Colonial House Furniture Company manufactures four-drawer oak filing cabinets in six stages. In the first stage, the boards forming the walls of the cabinet are the second stage, the front drawer panels are woodworked; in the third stage, the boards are sanded and finished; in the fourth stage, the boards are cleaned, stain painted with a clear finish; in the fifth stage, the hardware for pulls, runners, and fittings is installed; and in the final stage, the cabinets are assembled. Inspection c each stage of the process, and the average percentages of good-quality units are as follows. Average Percentage Stage Good Quality 1 61% 63% 69% 4 83% 5 95% 6 94% The cabinets are produced in weekly production runs with a product input for 291 units.

One of the risks that might occur from weaknesses in requirement procedures is creeping user requirements. What steps may be taken to lessen this risk?

List and describe the differences between forecasts and predictions?

Your company wants to replicate its travel expense management process from paper-based to an electronic process. In the current process, an employee wishing to travel would simply complete a travel notification form and send to his/her supervisor, and keep a copy. There is no requirement for the supervisor to approve the form prior to the employee travel. At the end of the travel, the employee attaches his/her travel expense receipts to his/her copy of the travel notification form and submits to the supervisor for approval. For this project, the company has indicated that it does not plan to change any aspect of the paper-based travel expense management process, at least initially, even though not doing so could expose the company to various types of risks. You have been appointed the project manager for this project, and one of your responsibilities is to assess the risks associated with replicating the paper-based travel expense management process without introducing any new controls…