Problem 1: Budgeting Time
1. Justify the time it takes to put together a budget for a human resource project.
2. Support your justification by creating a hypothethical example of a human resource project. Relate specific elements of your example to support your justification.
Problem 2: Valuing Risk Management
1. Rank risk management in importance among the previous planning elements of budgeting, resourcing, scheduling. WBS and scope planning, Justify the ranking.
2. Create a scenario where the value of risk managment would be minimal. Explain why.