Question: Explain in full and with concrete examples the points below: - The difference between planning, monitoring and controlling - The difference between micro and macro

Explain in full and with concrete examples the

Explain in full and with concrete examples the

Explain in full and with concrete examples the points below: - The difference between planning, monitoring and controlling - The difference between micro and macro methods in project estimation - The 90% syndrome in projects phenomenon and its causes - The difference between risk and uncertainty - The difference between agile project management and traditional waterfall project management Answer: Problem 2: Project Scheduling Exercise I dentify the critical path and project duration . Also calculate the earliest-latest starting and finishing times for each activity: Answer: Problem 3: Project Crashing Exercise On May 1, Mr. Jones sent a memo to his boss, the director of project management, stating that his project would require thirteen weeks for completion, attaching the network diagram of the project. Mr. Jones realized that the customer wanted the job completed in less time. After discussions with the functional managers, Mr. Jones developed the table shown below: According to the contract, there is a penalty payment of $5,000 per week for each week over six. What is the minimum amount of additional funding that Mr. Jones should request

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