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for a routine project what is a typical percentage of total project costs that should be placed into contingency
the project manager at a software company predicts her projects costs based on previous projects she has worked on that
give an example of how a project manager could run into problems with cash flow even when he is within budget on the
a baker has a contract to bake three dozen chocolate chip cookies for a customers party create a bottom-up estimate
when a project manager is gathering information about risks is it a good idea for her to set a limit on the number of
for one of the risks identified in exercises 1 through 3 above construct a cause-and-effect diagram to determine
for the risks identified in exercises 1 through 3 above identify trigger conditions that indicate each risk may be
a what is an eventb can a random experiment have more than one event of
a what is a probabilityb which of the following has a probability number a random experiment a sample space or an
a what is the relative frequency of an eventb how is the relative frequency different from the probability of an eventc
a name the three main sources of probability numbersb what is the equally likely rulec are you allowed to use someones
a what is the complement of an eventb what is the probability of the complement of an
a what is the intersection of two eventsb what is the probability of one event and another if you know1 their
a what is the union of two eventsb what is the probability of one event or another if you know1 their probabilities and
a what is the interpretation of conditional probability in terms of new informationb is the conditional probability of
a what is the interpretation of independence of two eventsb how can you tell whether two events are independent or notc
as a stock market analyst for a major brokerage house you are responsible for knowing everything about the automotive
you are operations manager for a plant that produces copy machines at the end of the day tomorrow you will find out how
as production manager you are responsible for the scheduling of workers and machines in the manufacturing process at
of the 925 tires your factory just produced 17 are defectivea find the probability that a randomly selected tire is
you are responsible for a staff of 32 out of the 118 workers in a rug-weaving factory next monday a representative will
suppose two events are independent one event has probability 027 while the other has probability 064a find the
as part of a project to determine the reliability of construction materials 100 samples were subject to a test
you are responsible for scheduling a construction project to build a convention center in order to avoid big trouble
two divisions are cooperating in the production of a communications satellite in order for the launch to be on time