Podcast
Questions and Answers
What is one of the challenges owners and builders face when delivering capital projects?
What is one of the challenges owners and builders face when delivering capital projects?
- Lack of creativity in suggesting improvements
- High level of detail in project descriptions
- Cost management (correct)
- Difficulty in setting ambitious goals
Why is using a Risk and Opportunity Register important in project management?
Why is using a Risk and Opportunity Register important in project management?
- To eliminate all risks completely
- To increase financial capital
- To manage risks transparently (correct)
- To avoid setting ambitious goals
What does a Risk and Opportunity Register help project teams do?
What does a Risk and Opportunity Register help project teams do?
- Identify opportunities to enhance a project (correct)
- Avoid entirely eliminating risks
- Ignore risks and uncertainties
- Increase financial capital
Why should risks and opportunities be identified and assessed early in a project?
Why should risks and opportunities be identified and assessed early in a project?
What does effective use of a Risk and Opportunity Register help project teams avoid?
What does effective use of a Risk and Opportunity Register help project teams avoid?
How does a Risk and Opportunity Register contribute to cost management in capital projects?
How does a Risk and Opportunity Register contribute to cost management in capital projects?
What is the main focus of the Lean Start up methodology?
What is the main focus of the Lean Start up methodology?
What is one of the key aspects to validate when following the Lean Start up approach?
What is one of the key aspects to validate when following the Lean Start up approach?
What is the primary goal of an Idea Challenge?
What is the primary goal of an Idea Challenge?
What is one of the parameters that can be chosen when organizing an Idea Challenge?
What is one of the parameters that can be chosen when organizing an Idea Challenge?
Who created the SCAMPER technique used for problem-solving and creative thinking?
Who created the SCAMPER technique used for problem-solving and creative thinking?
What does the SCAMPER technique aim to help with?
What does the SCAMPER technique aim to help with?
What method can you use to identify your competitors' strengths, weaknesses, opportunities, and threats?
What method can you use to identify your competitors' strengths, weaknesses, opportunities, and threats?
Which method involves asking participants to record problems, frustrations, and positive experiences throughout a specified period?
Which method involves asking participants to record problems, frustrations, and positive experiences throughout a specified period?
How can you determine your total market potential?
How can you determine your total market potential?
What is suggested as a cost-effective longitudinal method to study user experiences?
What is suggested as a cost-effective longitudinal method to study user experiences?
Why is it essential to consider looking at competition both narrowly and broadly?
Why is it essential to consider looking at competition both narrowly and broadly?
Which tool is recommended to evaluate the broader market?
Which tool is recommended to evaluate the broader market?
What does it mean to validate the problem in the market?
What does it mean to validate the problem in the market?
Why should you avoid market forecasts during the validation process?
Why should you avoid market forecasts during the validation process?
What type of data should be favored over assumptions in the validation process?
What type of data should be favored over assumptions in the validation process?
What is at the heart of the validation process?
What is at the heart of the validation process?
Why is speaking to potential customers crucial during the validation process?
Why is speaking to potential customers crucial during the validation process?
What does validating the problem mean in the context of market validation?
What does validating the problem mean in the context of market validation?
What is a common mistake businesses make during customer validation?
What is a common mistake businesses make during customer validation?
What is an essential piece of information to take away when speaking to customers during validation?
What is an essential piece of information to take away when speaking to customers during validation?
Why should validating the product be one of the last steps in the process?
Why should validating the product be one of the last steps in the process?
What can happen if a business stops customer validation once they receive positive feedback?
What can happen if a business stops customer validation once they receive positive feedback?
Why are businesses afraid of changing their products according to the text?
Why are businesses afraid of changing their products according to the text?
Why should businesses not rely too heavily on friends and family for product feedback?
Why should businesses not rely too heavily on friends and family for product feedback?
