Discuss how resource availability may effect the budgeting process: Discuss the influence that the Work Breakdown Structure has on the planning of Project Quality and the managing of the project's supply chain: 1. Describe the concept of RACI chart. Why such a chart is used in project management'il 2. Do the Exercise 2 on page 322. Show the diagram and all calculations clearly. 3. Which method of cost estimating can produce the most accurate estimate: parametric or bottom-up? Explain. 4. Is it possible to completely ovoid budget variation in a project? Why or why not? 5. What three types of data does Microsoft Project use to compute each assignment's cost value? 1. What are the stages of Project Life Cycle? During which stage of a project most risks are typically uncovered? 2. Explain the terms - risk breakdown structure. failure mode and effect analysis (FMEA), mitigate risk. 3. identity and describe the steps of the PDAC models 4. identify key quality plan steps that you feel should be included within a typical overall project plan. Be sure to include quality items throughout the project plan cycle. 5. How TQM concepts apply to project management