Module 4 Assignment.docx

Module 4 Assignment.docx - Journey Ellison Module 4...

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Journey Ellison Module 4 Assignment Discussion Question 12.3 Resource loading refers to the amount of individual resources that a schedule requires during specific time periods. Resource loading attempts to assign the appropriate resource, to the appro- priate degree or amount, to each project activity. It is critical in effectively managing a project because it provides information about resource availability, constraints, and misallocation which allows managers to determine if extra resources are required. Discussion Question 12.5 Time/cost tradeoff decisions have to be made when resources are in high demand for more than one project activity. Project managers have to decide to either extend the schedule to allow extra time to complete tasks or increase the budget to allow for additional resource. Discussion Question 13.1 The four-stage control cycle is useful because project monitoring is a continuous, full-time cycle
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