Answer:We start each project to get some business benefits. We design it to achieve users and other stakeholder’s satisfaction. And we build it to improve organization KPIs. But, we live in a world where the project faces many uncertainties. These uncertainties or risks can prevent from achieving our project goals or objectives. So, it is critical that we identify them in time to take care of their effective responses.
The more we know our risks, the more we can evaluate and prioritize them timely for:
Reducing their probable negative impacts, or
Increase their likely positive impacts
We can use Qualitative Risk Analysis and Quantitative Risk Analysis techniques to evaluate and prioritize risks. I see there are a lot of confusions around how these two techniques are different from each other. In this blog, I will address these confusions and differences between these two techniques.
Before we get into the difference between qualitative and quantitative risk analysis/assessment, it is mandatory to understand how we perform risk analysis in projects. Below is the summarized demonstration of the risk analysis:
Explanation:
Answer:
- They write step by step instructions for a computer to follow.
- They create a logic problem that the computer program can solve.
Answer:
See explanation below
Explanation:
Named ranges are a very important tool in Microsoft Excel. It is used in assigning a name to a particular number of cells. It is great for automation and makes formula much easy to understand and use.
One way to create named ranges is theory the Name Box.
To create named ranges in the design marketing sheet we do this;
1) We click on cell B8 and then navigate to the name box at the top right corner of the sheet just above the column A.
•The name box is where the cell address of any cell that is active is displayed.
•You would see that “B8” is displayed on the name box.
• Double click on the name box and type in the appropriate name, in this case - Design_Fee.
• Press enter and you have your named range.
You do the same for the other named ranges.
Note that: Named ranges must contain letters, numbers or underscore.
The principles of creating equations are the same in
PowerPoint 2007 and later. Assuming Danny is using PowerPoint 2010, he will
click on the insert tab then go ahead and choose the Equation in the symbols
group.
Dani will be able to click on the equation option and use the Equation
Tools Design tab or click on the drop down arrow to view more equations
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