Q6:write briefly but relevant answer a) PERT and CPM b) Risk Management and its types.
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Q6:write briefly but relevant answer
a) PERT and CPM
b) Risk Management and its types.
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Solved in 2 steps
- Equipment ExpensesAnalyze the cost differences for a project that needs the use of a trencher Compare the cost differences between renting and buyingâamortizing the purchase price over a five-year period Which would be the best approach, renting or purchasing? Explain how equipment expenses differ from other installed construction items, such as lumber and steel What unique accounting aspects need to be considered when estimating equipment used in a construction estimate? Submission Requirements:Submit a Word document with the following specifications: Font: Arial, size 12, double-spacing Citation style: APA Length: 2â3 pagesQ.No.01. Draw a flowchart showing steps involved in Risk Management Process.3. (Scenario Based Question) Your response to Nicole's Phone Call & "Hi, my name is Nicole and I need your help urgently! I saw a puppy on Facebook which I saw advertised through a mutual friend. The seller asked me to pay £3000 upfront to hold the puppy, which I was ok with as I have done my research and the breeder said they had a KC Registered certificate. So I have sent the breeder £3000 via bank transfer last week. I was meant to pick up the puppy today and when I checked the breeders address on Facebook they no longer exist! (**crying**) I can't pay for my bills or buy food for the kids because this was the last of my money this month. (**angry**) You and Monzo need to protect me against scams like this! I want to raise a complaint to get all my money back straight away!" (Write your response to the customer as if you were a COp at Monzo who had just picked up a call from Nicole, for example "Hi Nicole...")
- Q3. A reporting process can increase the number of non-actionable reports? True or false?Question 1After collecting all those information, David is trying to conceptualize his problem. Supposeyou were David, how you will analysing the problem.You are expected to describe and investigate the problem in a more systematic way, andprovide answers for:• What were the key decisions?• What were the key uncertainties?• What was the timing of decisions?• What was the timing of the resolution of uncertainty?• What data would he need in order to make an intelligent, defensible decision?3.1 Contrast between a risk and hazard.
- Q)Examples of risk management on business.Q5b) Please provide detail write up for the following business law question Dudu has purchased some wooden utensils from Lodo. However, he discovers some crackson the utensils after few days of usage. Advise Dudu as to whether he is entitled to anyrefund from Lodo.Question 4 Risk identification and risk evaluation are integral parts of the risk management process. Yet, riskmanagers in the past have taken a less than holistic approach and have neglected these aspects. Analyse this statement and highlight the importance of identification and evaluation.
- Subject: Logistic Management Q#6) What is Porters Power Model explain with example? Q#7) What is risk management & mitigation explain with example?Q2. Jack and Jill arrived early for a meeting with a company’s Chief Security Officer (CSO). They were asked to wait in the meeting room of the company. While waiting, Jack saw the whiteboard has several company strategies. Jill found the minute of meeting document on the table near her seat, in the meeting room. a) What are TWO (2) human (company’s staff) mistakes as Security Weaknesses in the above situation? b) Give THREE (3) possible security threats that can happen in this situation?S1: Cost plus contract is a contract used on long term construction contracts in which the contractor agrees to a contract price that is fixed, either at the inception or at a fixed rate per unit of output, which in some cases may be subject to cost escalation clauses.S2: Variable contract is a construction contract in which the contractor is reimbursed for allowable or otherwise defined costs, plus a percentage of these costs or a fixed fee * A. Both are true B. S2 True; S1 False C. Both are false D. S1True; S2 False