Here are some examples of common assumptions, broken down by type, as well as suggestions for how to mitigate them: Resource Assumptions: These include assumptions made about the availability, allocation, and utilization of various project resources. Resources can include tangible assets such as equip...
Contrary to previous assumptions, injury and death during animal fights are not uncommon. In species where animals live in established groups, however, overt fighting is often replaced by a set of relationships in which a subordinate individual consistently defers to adominantone.Wolfpacks, for exa...
(Laws of Manu)—and highly selective chronicles of rulers’ achievements have been used to enlist mass support for particular social and religious systems. Very probably, much of what was said in antiquity was sincere, in the sense that the underlying religious and social assumptions were so ...
(pause or ask for agreement or availability) If you have a couple of minutes? Pre-Qualifying Questions: "If I could ask you quickly:" [Insert your questions here] Examples of Common Problems: "Oh, OK. Well, as we talk with other hiring managers, we have noticed they often say:" [Ins...
tax liabilities. Tax shelters are legal, and can range from investments or investment accounts that provide favorable tax treatment, to activities or transactions that lower taxable income through deductions or credits. Common examples of tax shelter are employer-sponsored 401(k) retirement plans and ...
To become a better critical thinker: ask simple questions, challenge common assumptions, be aware of your biases, and read more. Do you have any questions about critical thinking skills? Maybe you’d like to share some tips on thinking more critically every day? Let me know in the comments...
Under quantitative risk analysis, a risk model is built using simulation or deterministic statistics to assign numerical values to risk. The inputs are mostly assumptions andrandom variables. For any given range of input, the model generates a range of output or outcomes. Risk managers analyze the...
Marketing myopia sets in when a business overly focuses on the internal and the immediate at the expense of the external and the long-term. Here are some common contributing factors: Poorly differentiated goals. A company focused on short-term gains may need clearer short-term, mid-range, an...
Statement and Assumptions - Solved Examples - Each of the following question consists of one statement followed by two assumptions. You have to decide which one of them can be followed.
Adjust for confidence. If you don’t have the same data for each potential product, you can weigh them accordingly. For example, if you are twice as sure your assumptions are correct for one initiative, give it a factor of 2. Calculate the required effort. The last component of the RICE...