week 11

need for 2 students
Discussion(chapter 11 attached)(450 words)

1) What is the purpose of dummy tasks, and on what types of project would you use them for budgeting purposes?
2) Define and describe known knowns, known unknowns, and unknown unknowns. Give one example of each you have encountered on previous projects.
3) Identify and define the eight common risk responses that are used and describe how you might use two or three of them together on a project.

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 Discussion(chapter 8 ,9,10)(450 words)
Assigned Readings:
Chapter 8. Understanding Markets and Industry Changes.
Chapter 9. Market Structure and Long-Run Equilibrium.
Chapter 10. Strategy: The Quest to Keep Profit from Eroding.
Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.

To increase a company’s performance, a manager suggests that the company needs to increase the value of its product to customers. Describe three ways in which this advice might be incorrect (Hint: Think about what else might or might not change that affects profit.)

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