Contrast decision trees and probability trees. How might each be used by project managers? Which would be the more valuable?
Answer to relevant QuestionsDo long project durations in other industries also lead to conflicts and project problems?Would you consider the completion of the first hardware phase a milestone or a phase-gate review?The 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 ...What is the difference between project and category-oriented budgets?How does the fact that capital costs vary with different factors complicate the budgeting process?
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