The Anchoring and Adjustment Heuristic Copy the two multiplication problems listed below on separate pieces of paper. Show Problem A to at least five friends, and show Problem B to….
What is the appreciation rate?
You have bought a piece of land with a worth of 120,000 USD. You also have an agreement with the company that if you return this land to them after 2 years, they will give you 160,000 USD. What is the appreciation rate?
During the execution phase many small, unforeseen incidents happen which you manage with a workaround. What will your first step be after managing these unforeseen incidents?
(a) Raise the change request
(b) Update the cost baseline
(c) Update the schedule baseline
(d) Record it in lessons learned