What is the expected value of doing MAJOR RENOVATION?
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With major renovation, the company’s payoff from a favorable market is $100,000, from an unfavorable market, $ -90,000. Minor renovation and favorable market has a payoff of $40,000 and an unfavorable market, $-20,000. Not developing the new product line effectively has $0 payoff.
What is the expected value of doing MAJOR RENOVATION?
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- As a PM you come up with the following risk assessments: 10% chance of scope creep costing $50,00050% adoption of agile methodology that will potentially save $3,00025% probability of defects costing an extra $40,00020% adoption of a new tool that could save $5,000 What EMV would you report?Recall that the Levi's personal pair project was largely a product differentiation approach. Which of the following statements, assuming they are true, would provide the most compelling evidence to argue that Levi’s Personal Pair Project would add value? Group of answer choices Customer’s perception of the value of the customized jeans is very high The Personal Pair Project’s cost estimates are accurate Both of these items would be of equal importance Neither of these items would impact the success of the Personal Pair Project as a differentiation strategySome new product launches fail and this leaves a negative impact on the profitability of the company. Using a particular product as an example, discuss 1. What steps should the company launching the product take in order to mitigate product launch failure or to address the situation in the event of a failure of the launch of that product
- A software development lifecycle is made up of several components. Which phase do you feel consumer engagement contributes to the system's growth with fewer demand changes? Provide evidence to support your opinion.The proprietary information about a company's plan for development of a new product design may be considered as public information. True or False?A financial consulting company is opening a new office in a foreign country. It is leasing the space and renting furniture until it is established in the location. When considering its foreign physical asset risk, which of the following decisions is in the best interest of the company? A.Risk avoidance, choosing not to move forward because of the high risk. B.Risk reduction, implementing new strategies to address its risk. C.Risk transfer, purchasing insurance to offset the risk. D.Risk retention, choosing to move forward and accept the low risk.
- Prescriptive analysis answers the question a. How can we make it happen B Why did it happen C. What happened d.What will happenConsider a large ABC company that sells a wide range of goods to its clients. When a company creates new goods for consumers, many risks may arise and have an impact on the development process. In order to prevent or reduce the incoming risks and create higher quality goods, what procedures and processes should the management department follow?A quantifiable practice adds value to company, but not the client. It helps avoid project failure and no one else is doing it. Is this a best practice candidate?
- From a technical perspective, how should the threat be classified? What kinds of dangers do people face in the real world, by the way?true or false Building scenarios is a tool to help with concept generation.1.Can you describe the various categories of Cost of Quality and provide an explanation for each of them? 2.Provide a detailed explanation of the trade-offs that are emphasized in the Manifesto for Agile Software Development, and an explanation for each of these trade-offs? 3. What are the two main vehicles for communicating the requirements, explain it? And, what's the difference between them.