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- What do you think are some of the difficulties of adding 25 percent more employees for the holiday season? what kind of planning do you think would be needed?2. Assume the founders weigh a project ’ s NPV twice as much as both obtaining/retaining a leadership position and making use of the Internet. Use the weighted factor scoring method to rank these projects. Which projects would you recommend Handstar pursue?briefly explain the difference between the main features of Enlightened planning approach and IRM Risk Management standard (with regards to the concept stage of project lifecycle). Show the understanding of the four frameworks and their inter relevance.
- Does WBS explain? How can you make a reasonable plan?Briefly explain the goal of the project then discuss the importance of the following in a Project Proposal, providing two examples for each element: A. Expected benefits. B. RisksAnalyze the following situations. Choose one situation which you think is less harmful. Explain why it is less harmful. How can you counter the harm that it causes?1. (Project A) Mr Ang plans plans to have a project which is a factory that would employ 50% of the people in the community but his factory would releases harmful chemicals to the sea.2. ( Project B) Mr. Bin plans to create an amusement park project to attract people to work on his place/business so that the factory would be closed and stop releasing harmful chemicals to the sea. However, Mr. Bin needs to cut the trees along the place where he has to build his amusement park but this again would cause harm to the environment. 3. (Project C) Mr. Ching plans to establish a resort and hotel project so that Mr Bin cannot cut the trees in order to save nature. However, by so doing he has to reclaim an area where mangroves grow which serves as fish sanctuary. Question: If you are a lover of nature and a…
- how Monitor Project Planning Parameters (Project Manager/Project Members)using examples, distinguisg between: 1. Direct aand indirect project costs. 2. Recurring and nonrecurring project costs. 3. Fixed and Variable project costs. 4. Normal and expedited project costs.The process of developing methods for responding to project risks is called: a. Plan risk reactions. b. Plan risk responses. c. Plan risk monitoring. d. Plan risk management. e. Plan risk mitigation
- Explain the factors that hinder the success of 5S 1.)Project sponsor is not decision maker 2.) Organizational policies 3.) Lack of experiencce in undertaking cross-functional activities 4.) Lack of top management support 5.) Implementation carried out through orders from the top 6.) Implementation done by task forces 7.) 5S treated as a project 8. )Emphasis on immediate results1. What are the steps involved in a project feasibility study? Discuss each. 2. Why does project feasibility include a project cost estimate?4.1 From a project of your choice, formulate five (5) potential risks associated with the project. 4.2 Develop a risk response matrix for the five (5) risks identified above and outline how you would deal with each risk.