Question: Categorize the four principles of lean operating systems and common types of waste. Identify the basic lean tools and approaches. Explain the key issues associated

  • Categorize the four principles of lean operating systems and common types of waste.
  • Identify the basic lean tools and approaches.
  • Explain the key issues associated with project management.
  • Describe how to apply the Critical Path Method (CPM).
  • Explain how to make time/cost trade-off decisions in project management and how to handle uncertainty in projectmanagement.

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