Line Management

Question 1

One key concept in project management is to learn from previous projects. The Lessons Learned review allows an organization to collect and document the results of both successful and failed projects. Give an overview of a project you were involved with as a leader or team member. Choose three of the project areas listed below and answer one question from each group of questions found in Chapter 12 of your text.

1. Time
2. Cost
3. Quality
4. Scope
5. Line Management
6. Methodology
7. Senior Management
8. Customer Satisfaction
9. Business Opportunities

Question 2

In a 4-5 page paper, please include the following:

• Explain the different types of costs (variable, fixed, sunk, opportunity, direct, indirect).
• Give 1-2 examples of each type of cost and explain how these costs will be applied during the manufacturing process.

• Conclude your paper by describing the importance of these costs in managerial accounting.
• Be sure that the paper has no spelling or grammatical errors.