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BG007 Project Management

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Questions:

Discussion Question 1
The project you are managing is now behind schedule.
Describe the analysis you would undertake when faced with this challenge.
What are some of the actions you would consider to take to try to bring the project back on track?
Describe any tradeoffs in terms of cost, schedule and risk that can be introduced into the project as a result of the actions you take.
Discussion Question 2
In James Brown article, What Causes Bad Estimates, he describes two key factors, time and low thresholds set by the project sponsor.
Do you agree with this statement and why?
Can you offer other factors that can contribute to bad estimates?
Can you describe steps you would take to prevent bad estimates from distorting the project schedule?
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