- Explain some of the basic principles of cost management, such as profits, life cycle costs, tangible and intangible costs and benefits, direct and indirect costs, and reserves.
- Explain how earned value management (EVM) can be used to control costs and measure project performance and explain why you think it is not used more often. What are some general rules of thumb for deciding if numbers for cost variance, schedule variance, cost performance index, and schedule performance index are good or bad?
- What are the main processes in project quality management?
- Why is quality assurance becoming more important? What types of jobs are available related to quality assurance, and what qualifications are required for those jobs?
- Assume that your organization wants to hire new instructors for your project management course. Develop a list of quality standards that you could use in making this hiring decision. Suppose that some current instructors do not meet these standards. Provide suggestions for how you would handle this situation.
- Summarize the processes involved in project human resource management
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