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