Chapter 22 presented a case study in creating value from uncertainty, and chapter 25 presented the use of efficient frontier analysis in SRM. Assume you are the project lead for the analysis team that uses Efficient Frontier Analysis to evaluate risks of the portfolio presented in chapter 25. How would you explain the results of the analysis to non-technical decision makers? What recommendation would you make, assuming the risk appetite presented in chapter 25?
PPMP20009 Leading Lean Projects Term 2, 2018 Page 1 of 3 Assessment 1 (Individual Work – 40%) Case study: Managing Lean Project Introduction You have been given the task to organise the FIFA 2018 World Cup football tournament ( https://ift.tt/2If0UDE ). (For those not familiar with football, you may change the event to the recently concluded 2018 Gold Coast Commonwealth Games: https://gc2018.com/ ). Your tasks This assessment item requires you to work INDIVIDUALLY. 1. As the project manager in charge of delivering such as an important world sporting event: i. Identify and elaborate the following terms with regards to the event. a. Voice of the Customer (VOC) b. Critical to Customer Requirements (CCR) c. Critical to Quality parameters (CTQ) ii. In what ways would you have implemented lean project management for this event? Identify and elaborate processes from PMBOK, PRINCE2, Organisational Project iii. Management Agile Practices and Lean Six Sigma (DMAIC Me...
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