What are the three phases of a project? Describe each in a sentence or two
What will be an ideal response?
The three phases are planning, scheduling, and controlling. Planning includes goal setting, defining the project, and team organization. Scheduling relates people, money, and supplies to specific activities and relates activities to each other. Controlling is where the firm monitors resources, costs, quality, and budgets. It also revises or changes plans and shifts resources to meet time and cost demands.
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The shortest of all paths through the network is the critical path
Indicate whether the statement is true or false
Tatiana is following a fixed weighting approach to managing her portfolio, which on January 1 consisted of 45% common stock, 40% bonds, and 15% short-term securities
Because stocks had a good year, at the end of the year, it consisted of 55% common stock, 35% bonds and 10% short-term securities. As a result, A) Tatiana should leave her portfolio as it is to take advantage of momentum in stocks. B) she should sell stock and buy bonds and short-term securities to restore the original weightings. C) she should sell stock index futures to protect herself from falling prices. D) she should sell stock and increase the proportions of bonds and short-term securities because she is now one year older.