Assume you are in a degree program in college and are concerned about getting your degree. Create a fishbone (cause–effect) diagram, with “failure to get degree” as the problem outcome. Identify at least four possible threat risks for this problem to occur. Then for each threat list at least three reasons/factors for how that threat could conceivably come to pass. Finally, review your diagram to estimate probabilities and impacts of each threat to getting your degree. Based on this analysis, what threats and factors should you direct your attention to, as the project manager of your project to get your degree?
Answer to relevant QuestionsThe yearly demand for a seasonal, profitable item follows the distribution below:Demand (units) Probability1,000 ........ .202,000 ........ .303,000 ........ .404,000 ........ .10A manufacturer is considering launching a ...Describe the top-down budgeting process.What steps can be taken to make controlling costs easier? Can these steps also be used to control other project parameters, such as scope? Why was the mission scope so limited? Why even spend the money to go to Mars with such limited objectives?Does being off by 150% in the estimate for human resources required for a project surprise you? What do you think happened? How do you think they managed to accommodate this change without exceeding the budget?
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