$1$

Your project team is interested in determining an overall risk factor for your project to develop a personal submarine constructed entirely of Popsicle sticks and wood glue. Describe how you would develop reasonable estimates for each of the probability of failure categories and each of the consequence of failure categories.

$2$

What are the two types of claims that can arise in the event of project closure and why would one be chosen over another?

$3$

Describe the four elements of the Project Management Institute's Code of Ethics and provide an example of one element within a project management context.

$$

$4$

What does a network diagram illustrate and why are they important in project management?

$5$

Describe the four things that are necessary to promote the partnership idea between the project manager and the team.