Identifying, assessing, and managing the risks and day-to-day changes that occur during a project best defines which of the following project manager activities?
A) Conflict management
B) Risk and change management
C) Team management
D) Customer relations
E) Technical problem solving
B
Explanation: B) Risk and change management is one of many critical skills for a project manager.
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A clothing chain is considering two different locations for a new retail outlet. They have identified the four factors listed in the following table as the basis for evaluation, and have assigned weights as shown
The manager has rated each location on each factor, on a 100-point basis, as shown under the respective columns for Barclay and Chester. Factor Factor Description Weight Barclay Chester 1 Average community income .40 30 20 2 Community growth potential .25 40 30 3 Availability of public transportation .15 20 20 4 Labor cost .20 10 30 What is the score for Chester? A) 10.00 B) 24.50 C) 25.75 D) 27.00 E) 100.00
Define fixed costs
What will be an ideal response?