Question: What is a project management simulation? In managing projects is it good to finished ahead of the stipulated time with an over-budget or cost overrun?

What is a project management simulation?

In managing projects is it good to finished ahead of the stipulated time with an over-budget or cost overrun?

What are the lessons learned after completing a project simulation?

If the project is finished within the stipulated time scheduled on a budget what does this mean to the project manager and stakeholders?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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!

Q:

Please read this Project management Congo article and answer: 1. What are your takeaways and reflections 2. What part did you find interesting or caught your attention 3. Can you relate it to a...

Q:

CST8333 Assignment 1 Project Initiation: Report & Presentation INSTRUCTIONS All material prepared for this assignment was produced by the author. Material from all third parties has been cited and...

Q:

Chapter 2 - Planning Project Communication IN THIS CHAPTER Struggling with Proper Project Communication Planning Preventing Common Communication Problems Creating a Project Communication Plan...

Q:

This assignment does not have a decision for you to make. You must perform an earned value analysis (EVA) of two project phases and assess their performance based on the EVA results. After completing...

Q:

Please read the article and follow the given instructions to answer the questions. I have attached the screenshots of the articles and number them. You have been given three dinstinctly different...

Q:

Answer the following questions: Attached screenshots is for question 3. I have put the page number on the screenshots. 11:18 AM Sun Mar 5 . . . @ 96%...

Q:

Below are two case studies, I want answers to the following case study CASE STUDY 1 Health Care Partners, Inc. Background Health Care Partners (HCP) was a 40-year-old company providing health care...

Q:

The Blue Spider Project "This is impossible! Just totally impossible! Ten months ago I was sitting on top of the world. Upper-level management considered me one of the best, if not the best, engineer...

Q:

The Blue Spider Project "This is impossible! Just totally impossible! Ten months ago I was sitting on top of the world. Upper-level management considered me one of the best, if not the best, engineer...

Q:

Introduction Makeovers R Us has been contacted by Cecile, an accountant, who is looking for someone to manage the renovation of her kitchen. This will be a complete makeover-everything to go with...

Q:

GAME Enterprises manufactures three computer games called Rocket Star, Game Master, and Rock Warrior. The product line data follow. The current production capacity is 100,000 machine hours. 1. Which...

Q:

The actual layout of cells is seldom as regular that as shown in Fig. 2-41. Even the shapes of individual cells are typically irregular. Give a possible reason why this might be.

Q:

la Auditora Superior de la Federacin y de la Secretaria de la Funcin Pblica y elabora y desarrolla un cuadro sinptico del papel que tiene cada una de ellas en la fiscalizacin de los entes pblicos

Q:

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...