Discussion:
Discussion 1:
Project close-out/termination is a complex process that requires detailed knowledge of the project, business strategy, and market conditions. There are many reasons for a project manager or executive management to consider cancelling or closing out projects. Some reasons are simply the completion of the project deliverables and customer's acceptance; others may include project failures or repeated changes in the scope, priority, or schedule.
Using the internet, research failed projects and assess the decision to terminate the project. Was the decision justified? How would you assess the merits of project termination/close out in this specific case?
Discussion 2:
Utilize the dynamic aggregate demand and aggregate supply to analyze the macroeconomic factors that led to the 2007-2009 recession.
• How were GDP, inflation, and unemployment affected during the recession, and how does the model show this?
• What monetary policies and fiscal policies were implemented during the recession?
• How did the recession affect U.S. trade relations and the U.S. dollar exchange rate?