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A contract is an important tool to coordinate external work in an international project. True False Both Indians and Chinese will consult astrologists to determine

A contract is an important tool to coordinate external work in an international project. True False Both Indians and Chinese will consult astrologists to determine lucky days. Project managers in those countries should be aware of the heavy influence of astrology. True False All of the following are considered complicated controlling techniques in international projects EXCEPT _____________________.

You are managing a project with an estimated duration of 18 months. The project budget is $10M, and you are in the 12th month of the project execution. You requested finance information from your project controller, and he came back with an actual cost of $7M. Considering that your EV is $7.5M and your PV is $8M, you can say that ___________________.

your project is ahead of schedule and over budget

your project is late and over budget

your project is on time and on budget

your project is late and under budget balanced score card (BSC)

earned value analysis (EVA)

traffic light system

automation of control using expert systems 1. Many factors can influence the scheduling of an international project. Describe three of these factors.

2.Why is it so challenging to monitor and control international projects? Describe at least four tools and techniques that can be used for effective control of an international project, including cultural aspects that must be considered.

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