Bus 375 week 7 discussions bus375 week 7 discussions

BUS 375 Week 7 Discussion 1

“Organizational Input Requirements”  Please respond to the following:

•           Demonstrate the best possible steps for a project manager to take in order to price out a job in which the specifications are not prepared until the job is half over. Provide a rationale for your response.

•           *From the e-Activities, prepare a real-world example of the following task dependency examples:

o          Finish to Start: You must buy a building before you can start to make changes to it.

o          Start to Start: You can start planning the brick design for a patio at the same time that you start to lay its foundation

o          Finish to Finish: If you were buying a house, you would want to be sure that you close the sale of your old house the same time that you close the sale of the house you were buying.

o          Start to Finish: You would want to have set the date and location for your wedding before you send out wedding invitations.

BUS 375 Week 7 Discussion 2

“Initial Pricing Activities”  Please respond to the following:

•           Determine the manner in which the project manager and project team uses the WBS to develop a reliable bottom-up estimate. Support your response with one (1) real-world example of such usage.

•           Give an example of two (2) common risks that a project manager may encounter when planning a project. For each risk identified, provide a possible preventive action or response.


BONUS TOPIC:  Review the video in the Instructor Insights area, then do some research and address the question, What risk did the planners of the Panama Canal not consider when making the preparations and doing the budget?  Be specific and why do you think they missed the risk? (remember to receive the extra points, you must make a substantial post on the Bonus Topic after making 2 post to the regular topic).

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