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Figure 17-2. Hector and Bart are roommates. On a particular day, their apartment needs to be cleaned. Each person has to decide whether to take part in cleaning. At the end of the day, either the apartment will be completely clean (if one or both roommates take part in cleaning) , or it will remain dirty (if neither roommate cleans) . With happiness measured on a scale of 1 (very unhappy) to 10 (very happy) , the possible outcomes are as follows:
-Refer to Figure 17-2.The dominant strategy for Hector is to
Project Sponsor
An individual or group that provides resources and support for a project and is accountable for its success.
Project Costs
The total expenses incurred in the planning, execution, and completion of a project, including materials, labor, and overhead.
Project Phases
The different stages a project goes through from initiation, planning, executing, monitoring and controlling to closing.
Initiation Phase
The initial stage of a project lifecycle where the project's scope, objectives, and feasibility are defined.
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