Question: How do I peer respond to Jacob and ask a question: Good Afternoon Class and Professor, Week two already and the reading has already highlighted
How do I peer respond to Jacob and ask a question: Good Afternoon Class and Professor, Week two already and the reading has already highlighted many critical capabilities for executive level success and contracting and acquisitions. The two concepts that stood out to me were the requirements matrix and contract integration, as well as reverse logistics as a strategy function. The reading to me strongly emphasizes the importance of the requirements matrix while mapping contractual obligations to the projects work breakdown structure (WBS) and schedule. The WBS tools make sure all deliverables, timelines, and payment terms are well defined and overseen throughout the performance of the project. As an executive program manager, mastering this tool is crucial for aligning strategy with contract execution and maintaining control over scope, cost, and schedule (Gordon, 2016, pp. 45-46). The other concept that stood out to me was the role of reverse logistics. The strategic function prioritizes recovery value and aims to reduce waste. The text notes that return management can account for up to 4% of U.S. GDP and emphasizes that many organizations overlook the root causes of returns, leading to missed opportunities for cost savings and customer retention (Gordon, 2016, pp. 35-37). The author also argues that assigning reverse logistics to senior-level professionals, demonstrating how knowledge, skills, and abilities in budgeting, forecasting, and supply chain integration are critical at the executive level (pp. 47-48). These two concepts really stood out to me, especially in tod
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