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You're probably after the Triple Constraint.

Time

Scope

Cost (resources)

Changing the initial estimate of one of these things will 'always' effect one or both of the other things...

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17y ago

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What is a contingency table?

A contingency table is a statistical tool used to display the frequency distribution of two or more categorical variables. It organizes data in a matrix format, where rows typically represent one variable's categories and columns represent another's, allowing for easy comparison of the relationships and interactions between the variables. This table helps in analyzing patterns, trends, and correlations, often used in hypothesis testing and chi-square tests.


What is the contrast between gain contingency and loss contingency?

A gain contingency is where a gain will incur if certain future events incur or not occur while loss contingency is the posting of a future loss that may result from some event or happening


What are the Most common decision variables for aggregate planning in a manufacturing setting?

In a manufacturing setting, the most common decision variables for aggregate planning include production rates, inventory levels, workforce size, and subcontracting levels. These variables help determine the optimal mix of resources needed to meet forecasted demand while minimizing costs. Additionally, decisions about overtime and backordering can also play a crucial role in balancing supply and demand. By strategically managing these variables, manufacturers can enhance efficiency and responsiveness to market changes.


What are the weaknesses of the contingency theory?

Contingency theory faces several weaknesses, including its complexity and lack of prescriptive guidelines, making it challenging for managers to apply effectively. Additionally, its reliance on situational variables can lead to ambiguity, as the theory does not always clearly define which factors are most critical in a given context. Furthermore, the theory can be critiqued for its limited empirical support, as it often lacks robust research to validate its claims across diverse organizational settings.


Use contingency in a sentence in buyig a house?

When buying a house it is always wise to have a contingency fund in order to deal with unexpected expenses.

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What is the contingency table?

A contingency table is a display of the frequency distribution of two or more categorical variables. It shows the relationship between the variables by organizing the data into rows and columns, with the intersection cells showing the frequency of each combination of variables. Contingency tables are commonly used in statistics to analyze the association between categorical variables.


Contingency planning is planning that occurs?

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