Question: As you worked on finalizing your project plan, what methods did you use to optimize the plan for time and cost? In weighing impacts to

As you worked on finalizing your project plan, what methods did you use to optimize the plan for time and cost?

In weighing impacts to quality, risk, and resources, how did you make final decisions regarding tradeoffs?
How will you monitor possible impacts during execution?

Support your answers using at least two academic references.

Step by Step Solution

★★★★★

3.29 Rating (149 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Optimizing a project plan for time and cost involves several methodologies and strategies Below are some methods commonly used in project management 1 Critical Path Method CPM CPM is a project managem... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

1. Contextual Application For a Specific Workplace : If your program is tailored for a specific workplace, clarify how it aligns with the unique culture, goals, and challenges of that organization....

Respond to the following prompts: As you worked on finalizing your project plan, what methods did you use to optimize the plan for time and cost? In weighing impacts to quality, risk, and resources,...

As you worked on finalizing your project plan, what methods did you use to optimize the plan for time and cost? In weighing impacts to quality, risk, and resources, how did you make final decisions...

Complete the DiscussionProject Optimization assignment. Respond to the following prompts: As you worked on finalizing your project plan, what methods did you use to optimize the plan for time and...

As you worked on finalizing your project plan, what methods did you use to optimize the plan for time and cost? In weighing impacts on quality, risk, and resources, how did you make final decisions...

1. As you worked on finalizing your project plan, what methods did you use to optimize the plan for time and cost? 2. In weighing impacts to quality, risk, and resources, how did you make final...

As you worked on finalizing your project plan, what methods did you use to optimize the plan for time and cost? Support your answers using at least two academic references.

Q. The purpose of this assignment is to explain a final project management plan and retrospective based upon the IT project management activities students have been developing throughout the course....

Class or group discussion: Is historical cost or fair value more in line with the qualitative characteristics of the conceptual framework and why?

Water has a higher boiling point than the corresponding hydrides H,S, H,Se and H,le. This i hecause water has d)Vander Waals' forces #) lonic bonds ) Hydrogen bonds c) Covalent bonds Which one smong...

Select all that apply Which of the following are possible purposes of providing a warranty? To guarantee that purchased goods were free of defects at the time of sale. To protect against changes in...

ABS mall is considering building a new parking lot. The land will cost $25,000 and the construction cost of the lot is estimated to be $150,000. Each year costs associated with the lot are estimated...

Review the following insurance plans and answer the questions below. Services Bronze Silver Gold Monthly cost $163 $194 $245 Deductible $6,000 $4,000 $1,000 Primary care $35 co-pay for three visits,...

Ahmet grows tomatoes in his 100 by 100 meters garden. He then sells the crop at the local farmers' market. two summers ago, he was able to produce and sell 1200 kgs of tomatoes. Last summer, he tried...

After gaining an understanding of Sys business processes, document each current process with a business process activity diagram using Business Process Modeling Notation (BPMN). You should have five...

Consider the following LP model. minz=7x1 +2x2 s.t. x2 =8 (cons2) 3x1+4x2 =9 (cons4) x1 >=0 x2>=0 a) Solve the above model graphically. Identify the feasible region on the graph provided below and...

CONTROLS IN PLACE FOR VAT REVERSE CHARGE FOR A COMPANY IN UNITED KINGDOM

GG Farm Machinery Company is a French manufacturer of a specialized piece of machinery. Marcel Ger, the managing director of GG, was convinced there was a market in Australia for his machine and he...

Primex Marketing, Inc., formed in 1982, is an international niche marketer of Roleez wheels and a limited line of products using the wheels. The patented wheels use very low pressure, soft, wide, and...

After many years of international consulting and trading activities with Hong Kong and China, Klaus Koehler established a services company, the Klako Group, in Hong Kong in 1979. The company provided...

Explain the nature of sound, and describe how it travels through the various parts of the ear.

Although the brain works largely as a whole, which of the following is not a correct pairing of hemisphere and function? a. right; control of right-handed motor functions b. left; control of...

Compare and contrast two major theories of color vision, and explain how color-deficient vision occurs.