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Grace admitted, "My project team never did gel. It seemed as if we were all, as individuals, working for different reasons. Some of us were focused on winning the next award from the client. Some of us were focused on bringing in the current project under budget. Some of us were focused on delivering a quality product regardless of the cost. Some of us wanted to finish on time. Some of us wanted to take as long as necessary to finish with excellence. Some of us wanted to go way beyond the client's contractual requirements." If you were Grace's manager, what would you counsel her to do so that her future teams do not have a similar experience?
Trade-offs
The choice between two or more options, where choosing one option requires forgoing another due to limited resources.
Decision Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Maximum Profit
Maximum profit is the highest possible financial gain that a business can achieve from its operations, after subtracting all costs and expenses.
Combinations
Various ways in which objects, numbers, or selections can be combined or arranged.
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