1. A baker has a contract to bake three dozen chocolate chip cookies for a customers party. Create a bottom-up estimate that includes both items needed for the project and the cost.

2. Using the data for Problem 09.02, create a time-phased budget for the project. Show how much the daily and cumulative costs for the project are just as the monthly and cumulative costs are shown in Exhibit 9.9.

1. For a project in which you are planning a campus event with a well-known speaker, identify and quantify risks and develop contingency plans for the major risks.

4. For one of the risks identified in Exercise 1 though 3 above construct a cause and effect diagram to determine possible root causes, Determine which of the possible root causes are probable.

3. Discuss the areas of ISO. Which do you feel is most important and why?

4. Describe the process of achieving stakeholder satisfaction. Why is it important to consider stakeholder satisfaction?

7. Discuss the four areas of fact based decision making.

1. Using the ideas in Exhibit 12.2, speculate on what activities, supplies, or service could be contracted out.

2. Create a request for information for one portion of the project work that could be contracted out.