Assistance and guidance is needed in class MGT 437 Week 4. What types of risks are inherent in a project? Where do they originate? Can they be mitigated? Explain how. What are the consequences of ignoring a conflict within a project team?
What is the importance of a variance to a project budget, schedule, or specification? How does a project manager find the root cause of a variance? Is there an acceptable variance? Is a variance ever acceptable? Explain your answer.
What is the concept of earned value? What real-life examples would illustrate the earned value concept? How does this approach to performance measurement differ from simply tracking cost or schedule?
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