Question
From the units' readings, we note that the chances of risk events occurring and their respective costs increasing change over the project life cycle. Assume
From the units' readings, we note that the chances of risk events occurring and their respective costs increasing change over the project life cycle. Assume you are a project manager of a construction project. The customer has requested a change to enhance/ improve the kitchen fixtures and add a gazebo in the front yard, which will increase the project risk.
- How would you describe the corresponding cost implications to the customer?
- What risk factors would the customer face if you were to implement these changes?
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I would describe the corresponding cost implications to the customer by explaining that the requested changes to enhanceimprove the kitchen fixtures and add a gazebo in the front yard will likely lead ...Get Instant Access to Expert-Tailored Solutions
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Project management the managerial process
Authors: Eric W Larson, Clifford F. Gray
5th edition
73403342, 978-0073403342
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