Random Chapter 5 Stuff
This is the process of forecasting or approximating the time and cost of completing project deliverables.
What is estimating?
The method simply uses the pooled experience of senior and/or middle managers to estimate the total project duration and cost.
What is Consensus Method?
These types of projects often suffer from underestimated costs & overestimated benefits.
What is Large-Scale Mega Projects?
Meeting the needs of others in the example of Jesus the servant leader.
What is Service?
This Frito-Lay product was developed by a janitor, after putting chili powder on some rejected Cheetos and then pitched it to the CEO.
What is Flamin’ Hot Cheetos?
These estimates are usually done by senior management.
What is Top-Down?
Top-down methods usually use ratios, or surrogates to estimate project times or costs.
What is Ratio Method?
These costs represent real cash outflows and must be paid as the project progresses.
What is Direct Costs?
Honoring all of God’s creation and living simply with balance and gratitude.
What is Moderation?
This country has a LEGO themed bridge that you can walk across.
What is Germany?
These estimates are typically performed by the people who are doing the work.
What is bottom-up?
The method is an extension of the ratio method.
What is Apportion Method?
Direct Labor, Materials, and Equipment are associated with this cost.
What is Direct Project Overhead Costs?
Recognizing the image of God in each person and honoring each one in their giftedness and limitations.
What is Respect for Persons?
This beverage company took a 16-year hiatus from India, due to ingredients not being able to enter their country.
What is Coca-Cola?
This factor can influence the quality of time and cost estimates.
What is People?
This method is favored in the software industry and uses weighted macro variables.
What is function Point Method?
The triple whammy. Not only are these projects over budget and under value, but the cost of maintaining them exceeds the benefits received.
What are White Elephants?
Receiving others as Christ with warmth and attentiveness.
What is Hospitality?
There are this many ways to make change for a US Dollar.
What is 293?
This is the bedrock of project control.
What is Quality Time and Cost Estimates?
This method is used if the project is similar to past projects.
What is Template Method?
This Olympics won Gold in Environmental & Sustainability Category.
What is London 2012?
Striving together for the common good and growing in relationship with God, one another, and self.
What is Community?
This percentage of the world has never made a telephone call.
What is 33% (1/3)?