Discussion 2

Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding. 
Also, provide a graduate-level response to each of the following questions:

1. Your company is hoping to outsource some of its work constructing a new development of condominiums.  What would you use as selection criteria to narrow down your list of potential sellers?
2. Give specific examples of risks on a project that are within the team’s control, partially within the team’s control, and outside the team’s control. Tell how you would deal with each. 
3. Give two examples of why a project might be terminated early for cause and two examples of why a project might be terminated early for convenience.
4. The sponsor of a large multi-phased project you are managing suddenly decides to terminate the project early.  How do you respond?  How and when do you notify your team members?