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“Trade-Off Analysis” Please respond to the following: * Imagine that you are a project manager, and your project schedule indicates that the work to be completed by a critical resource will not be finished in time to meet a predetermined release date for the resource in question. Determine your options and potential trade-offs. Support your response and rationale with real-world examples of the chosen options and trade-offs in use. * Considering project scope, project cost, and project schedule, describe one (1) type of contract for which the project manager would most likely allow cost overruns to occur, and prepare a real-world example that illustrates that type of contract.

Project Management Wk 8

“Trade-Off Analysis”  Please respond to the following:

  • Imagine that you are a project manager, and your project schedule indicates that the work to be completed by a critical resource will not be finished in time to meet a predetermined release date for the resource in question. Determine your options and potential trade-offs. Support your response and rationale with real-world examples of the chosen options and trade-offs in use.
  • Considering project scope, project cost, and project schedule, describe one (1) type of contract for which the project manager would most likely allow cost overruns to occur, and prepare a real-world example that illustrates that type of contract.

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