Pm 586 week 2 dqs ~ a + work with references

PM 586 Week 2 DQ 1

What are some of the pitfalls in cost estimating? What steps can a project manager take to address potential cost overruns? What steps can a project manager take to make controlling costs easier? Can these steps also be leveraged to control other areas of a project, such as a project’s scope or schedule? Explain your answer.

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PM 586 Week 2 DQ 2

What percentage of the total project effort do you think should be dedicated to project planning? Explain your answer. 

 

PM 586 Week 2 DQ 3

What is the relationship between risk management and quality management of a project? Why is it important to have both risk and quality management in place? What happens to a project’s success if you focus too much on one and not enough on the other? Explain your answer. 

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