Problem 1: What are the advantages of top-down budgeting? Of bottom-up budgeting? What is the most important task for top management to do in bottom-up budgeting?
Problem 2: What is the difference between project- and category-oriented budgets?
Problem 3: What are the four parts of a technical proposal?
Problem 4: What are some potential problems with the top-down and bottom-up budgeting processes? What are some ways of dealing with these potential problems?
Problem 5: Identify some of the ethical issues that can arise in a bid response to an RFP.
Problem 6: Define activity, event, and path as used in network construction? What is a dummy activity?
Problem 7: Define "late start time", "early start time", and "early finish time."
Problem 8: What is "slack" and why is it important?
Problem 9: How do you think the approach of developing three time estimates for a task's duration could be used to estimate costs for manufacturing?
Problem 10: How would you deal with project scheduling uncertainty?