Question: (a) What is value stream analysis? What is the problems when you created too much or too less value stream activities? [1' marks] (b) What

(a) What is value stream analysis? What is the problems when you created too much or too less value stream activities? [1' marks] (b) What are the differences between Hofstede's theory and W theory? Explain the different indices in detail. [8 marks] (c) Explain French and Raven's Five Forms of lndership power theory, explain how they can be used to improve project management practice. [10 marks] When developing the project schedule, you define the probability distribution of the duration of each activity and use it to calculate the probability distribution of the total duration of the project. Which technique would be usually use? A. Program Evaluation and Review Technique (PERT) B. Monto Carlo Simulation C. Graphical Evaluation and Review Technique (GERT) D. Fast Tracking [2.5 marks]

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