List and Briefly Discuss Each of the Elements of Michael

question 29

Essay

List and briefly discuss each of the elements of Michael Porter's Five Forces Model.

Recognize estimation as an educated guess involving knowledge, experience, and fact.

Understand the impact of delays in activities on the critical path on overall project completion time.

Identify common resource constraints in projects.

Understand the role and significance of the master schedule in project contracts.

---

Definitions:

Snap

Snap is a feature in many operating systems and applications that allows windows or elements to align perfectly with the edges of the screen or other windows, aiding in a clean and organized layout.

Maximize

To enlarge a window to its fullest size on the screen, usually covering the entire desktop view, allowing users to see more of the application or document.

Active Window

The window in a graphical user interface (GUI) that is currently responsive to user input, indicated by a highlighted title bar or other visual cues.

External Hard Drive

A portable storage device that can be attached to a computer through a USB or other interface for data storage and backup.