Question: Why is it important for project managers to understand the
Why is it important for project managers to understand the fixed and variable costs of their project?
Relevant QuestionsWhy is it important for assumptions to be listed in the cost estimate? Should a project manager alone identify potential risks for the project? Why or why not? Describe the various types of information that is often contained in the risk register. Identify similarities and differences among TQM, ISO, and Six Sigma. What strengths and weaknesses are inherent in each of these approaches? What are some potential issues related to outsourcing?
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