Lean Project Management Training: Graphical Economic Modeling
In this webinar you will learn graphical representations of economic models.
This example demonstrates a regulatory and component End of Life (EOL) project where there is a looming drop dead date.
The images represent the cost of missing the ‘drop dead’ date, and the increasing the probability of missing it. Sales curves differ customer to customer and project to project. Your companies case may not look like this, however the examples provided give you a picture of the concepts that can be modified to suit your particular situation.