An assumption is a project factor that is considered to be real, true, or certain without empirical
Question:
An assumption is a project factor that is considered to be real, true, or certain without empirical demonstration or proof. Assumptions are often riskier.Constraints are often things that are known to be true.Look at each of these examples and determine if it is an assumption or a constraint and WHY:
You are planning to go on holiday on December 31, 20XX. You book a flight. The flight leaves at 1800. You need at least three (3) hours to sit in the airport before your flight leaves. You live one (1) hour away. You plan to leave at 1400 thinking that traffic will be light earlier on New Year's Eve. Assumption or constraint? Why?
The cost of personnel will remain the same throughout the three (3) years of the project. Assumption or constraint? Why?
You are planning on welding the final piece of your product the day before it goes out the door. You figure that you can always order metal in your location overnight and it usually gets there the next day. It doesn't. Assumption or constraint? Why?
You always go to the mall on Sunday at 5 pm to shop for clothes. You get to the mall at 5 pm on Sunday and the mall is closed for repairs. Assumption or constraint? Why?
The company's policy work stipulates that the graphic design team will use Apple's MacBook Air for all graphic designs for the project. Assumption or constraint? Why?
Michael is our IT cybersecurity expert and he will be available for the duration of the project. Assumption or constraint? Why?
Our RFP (Request for Proposal) must be entered into Florida's computer system by midnight ET on June 30, 20XX. Assumption or constraint? Why?
There will be no overtime on this project because the project has been done before so we know exactly how much time it will take to complete the product. Assumption or constraint? Why?
The project needs industrial-grade diamonds in order to operate the machinery. The only industrial-grade diamonds that ABC company uses are in Brigadoon. Last night, Brigadoon closed its borders to foreigners. Assumption or constraint? Why?
You are launching a new parfum with a unique bottle. Your only bottle designer and producer is in France. Your French purchase agent called you this morning to tell you that the bottles were in-route via boat and the boat just sank. Assumptions or constraints? Why?
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba