The author presents the need for a productive interdependency among project team members. What are the tradeoffs between differentiation and redundancy and how are these related to a productive interdependency?
What will be an ideal response?
Interdependency refers to the degree of joint activity among team members that is required to complete the project. A team with a diverse skill set must have this interdependency if the project demands this array of abilities. The differentiation will be valuable; each team member brings an idea of their role and importance of their various contributions. If there is no overlap of skills, then underperformance or unavailability of any team member might jeopardize the project. If the team members were highly redundant, then project costs might be high (if their salary were charged to the project) and the duplication of team membership might actually be counterproductive.
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Based on a predicted level of production and sales of 22,000 units, a company anticipates total variable costs of $99,000, fixed costs of $30,000, and operating income of $36,000. Based on this information, the budgeted amount of contribution margin for 20,000 units would be:
A. $66,000. B. $60,000. C. $90,000. D. $99,000. E. $150,000.
Veracity includes the uncertainty of data, including biases, noise, and abnormalities.
Answer the following statement true (T) or false (F)
Which of the following is a method in which parallel profit lines are plotted in the LP graphical solution approach to determine the maximum profit solution to LP problems with profit maximization objective?
a. graphical method b. corner point solution method c. iso-cost line method d. iso-profit line method
Why are values important to OD practitioners?
What will be an ideal response?