Ohio State University Week 10 Project Management Discussion

Category: Business & Finance

Question Description

I don’t understand this Management question and need help to study.

Reflect on the after readings Chapter 10:  Budgeting Projects. Identify 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.

Also, provide a graduate-level response to each of the following questions:

  1. You are the project manager in charge of construction of a new school building.  Give one possible example each of a known known, known unknown, and unknown unknown you might encounter.
  2. Give an example of how a project manager could run into problems with cash flow, even when he is within budget on the overall project.

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