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You work for a large manufacturing plant. You're in the Initiation process of a new project for an overseas product release. This is the company's first experience in the overseas market, and they hope to make a big splash with the introduction of this product. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the U.S. product uses. A new machine is needed in order to mix the first set of ingredients in the concentrated formula. Which of the following actions should the project manager take?
A. The project manager should document the project's goals and known deliverables in a high-level overview document and recommend the project proceed.
B. The project manager should document the project's goals and known deliverables in a high-level overview document and assume the project is a go.
C. The project manager should document the project's goals and known deliverables in a high-level overview document and recommend a feasibility study be performed.
D. The project manager should document the project's goals and known deliverables in a high-level overview document and deliver it to the stakeholders.
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You are a project manager for Fountain of Youth Spring Water bottlers. You are installing a new accounting system and have identified several problems and their causes. You decide to use which of the following to identify the variables that will have the greatest effect on project outcomes? A. Design of experiments B. Bench marking C. Benefit/cost analysis D. Flow charting
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What is the difference between direct and indirect measures?
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