Question: How do various tools and techniques such as adding slack (padding estimates) or project buffers help project managers perform duration estimates? What are some ethical

How do various tools and techniques such as adding slack (padding estimates) or project buffers help project managers perform duration estimates? What are some ethical considerations when using slack and buffers?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Adding slack padding estimates and project buffers 1 Slack Adding slack to a project schedule is a common technique to account for uncertainty and var... 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!

What is a Project Stakeholder? A stakeholder is an individual, group or organization that is impacted by the outcome of a business venture or project. Project stakeholders, as the name implies, have...

Proposal Business Report with SWOT Analysis 4-13-2023 I need some help putting all of my research for a final report on Ford Company, with some positive ideas that were given to me, I have included...

Hyten Corporation On June 5, 1998, a meeting was held at Hyten Corporation, between Bill Knapp, Director of Marketing/Sales, and John Rich, director of engineering. The purpose of the meeting was to...

You mentioned that Amazon has sustainability topics within us supply chain. How we deal with the criticism that Amazon itself tribute to overconsumption that's antithetical to sustainability

Whether an economist argues in favor of a rise in government spending or a cut in taxes (as an expansionary fiscal policy measure) could have something to do with whether she views the government...

In cash flow estimation, depreciation shelters company's income from A. expansion B. salvages C. taxation D. discounts

=+develop the following cost matrix ($000s): State of Nature (State of the Economy) Production Recession Stable Expansion Out-source 220 350 300 In-house 150 240 390 Draw the corresponding decision...

Chicago Supply Company manufactures paper clips and other office products. Although inexpensive, paper clips have provided the firm with a high margin of profitability. Sample size is 200. Results...

Which of the following is the best reason for using variable costing? Fixed factory overhead is more closely related to production than to the production of specific units. All costs are variable in...

1. When using the high-low method for estimating the fixed and variable portion of a mixed cost, you must first find the high and low points of sales. Then, to find the variable cost per unit, you...

Pharmaceutical Benefits Managers (PBMs) are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (lists of drugs that insurance will cover)...

9 3 points 03:02:45 Skipped Javon Company set standards of 2 hours of direct labor per unit at a rate of $15.10 per hour. During October, the company actually uses 11,000 hours of direct labor at a...

Exeter Division of Wetherby Labs acquired an asset with a cost of $800,000 and a four-year life. The cash flows from the asset, considering the effects of Inflation, were scheduled as follows: Year 1...

Flyaway Rural Airlines is planning to add the following three aitcraft to its fleet, an Airbus, a Boeing and an fimbraer, with the following characteristic: Part A: Calculate the weighted average...

A C D E G H 1 The finacial manager of a company is preparing the monthly budget report. He aims to understand which of expenses have been over budget in the previous year. 2 You are required to: 3...

Suppose the following for European options: Stock price = $105 3-month call options with strike price $97 3-month put option with strike price $105 1-year risk-free rate is 3%. The maximum possible...

In Problems 1522, find the principal needed now to get each amount; that is, find the present value. To get $750 after 2 years at 2.5% compounded quarterly.

What are some questions that should be addressed in a risk management plan?

Research the topic of understanding body language. What are some common body movements that can help you understand how people are really feeling? What does it mean if someone looks up a lot when...

Research different tools for assessing leadership styles. Summarize at least three tools and the styles they mention. Do you believe that its best for leaders to use different styles in different...

According to the exponential law of turbulence velocity distribution in the boundary layer Try to find the thickness of the turbulent boundary layer . us || = () and 0.185Re-

If the velocity distribution in the laminar boundary layer of a flat plate is a sinusoidal curve, Try to find the relationship between and u = us sin().

The velocity distribution in the laminar boundary layer of a flat plate is as follows: Try to find the relationship between the thick-ness of the boundary layer and the frictional resistance...