Posted: September 13th, 2017
GM594: Project Risk, Quality, and Procurement Monitoring and Controlling Unit 4 Assignment
GM594: Project Risk, Quality, and Procurement Monitoring and Controlling Unit 4 Assignment
Order Description
See instructions below…this part of the project is based off previous project. See previous project attached.
1. Create decision tree with EMV amounts
2. Utilize the MaxiMax, MaxiMin, or MiniMax regrets philosophies to justify our decisions.
3. Write a 2-3 paragraph on the justification of the choices we made based on our analysis.
Risk 1: Project Duration
Philosophy to use: MaxiMin
Risk 2: Market to new office
Philosopy to use : MaxiMax
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