(Answered) 1 what are the three drawbacks of using the payback method2

Management Studies

1. What are the three drawbacks of using the payback method?

2. How does a project manager assess the risk of things going wrong and take that into consideration of the time needed to complete the project?

3. "I think it's only fair to write up all the alternatives you've considered," says Lou Cite, a personnel supervisor for DayGlow Paints. "After all, you've been working on this systems thing for a while now, and I think my boss and everyone else would be interested to see what you've found out." You are talking with Lou as you prepare to put together the final systems proposal that your team will be presenting to upper management.

b. In a paragraph, discuss the sorts of alternatives that should appear in the final systems proposal.

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