Roshoud is the VP of customer operations for Galactic Kidz and project sponsor of the latest project, called Project G. He sits down with Sally, the project manager, to discuss the current budget estimate. Roshoud expresses his concerns to Sally about the budget being far greater than originally anticipated and asks her to course-correct. What produces the greatest expense on most projects?
Which of the following best describes the focus of Agile teams?
Your project selection committee is considering four projects. Project A’s NPV is positive, it has an IRR of 14 percent, and the payback period is 21 months. Project B’s NPV is negative, it has an IRR of 9 percent, and the payback period is 16 months. Project C’s NPV is positive, it has an IRR of 16 percent, and the payback period is 18 months. Project D’s NPV is negative, it has an IRR of 16 percent, and the payback period is 13 months. Which project should you choose?
You are a project manager for Fly Me to Miami travel services. You are in the process of documenting and distributing project information. You know all of the following statements are true regarding information exchange except for which one?
You are the project manager for the Heart of Texas casual clothing company. It’s introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. Your legal department has recommended you use a contract that reimburses the seller’s allowable costs and includes a fixed fee upon completion of the contract. Which of the following contract types will you use?