Draw a bubble chart for Risk versus Reward similar to Figure 17-5 for the projects in Table
Question:
Draw a bubble chart for Risk versus Reward similar to Figure 17-5 for the projects in Table 17-2 . Assume ECV 3 is considered “ low ” and ECV 6 is “ high. ” For risk, 1 is “ low ” and 4 is “ high. ” Use the Public Image ratings
(not rankings) from problem 23 to “ size ” the projects on the chart: i.e., 4 is the largest project, 3 is smaller, etc., and 0 is a big dot! Based on the bubble chart, which projects are pearls? Which are white elephants? Which are bread and butter?
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Related Book For
Project Management For Business Engineering And Technology Principles And Practice
ISBN: 9780750683999
3rd Edition
Authors: John M Nicholas, Herman Steyn
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