“Budgeting Time and Valuing Risk Management” Please respond to the following:

• Justify the time it takes to put together a budget for a human resource project. Discuss the forces that would contribute to your budget requirements.
• Rank risk management in importance among the previous planning elements of budgeting, resourcing, scheduling, WBS and scope planning. Justify the ranking.

FIELD TRIP

PART 1

Go to one of your favorite stores and take a picture of something that catches your eye—the front entrance from the street, a display rack inside, a sign on the wall, etc. Upload the photo to the discussion thread and provide a summary of the following:

1. The products offered by the store you visited and why you like shopping there
2. What the photo shows us about the decisions the store has made regarding one or more of the 4 P’s
3. How these 4 P’s work together to keep you coming back again and again