2023 Josh and Mike met as roommates during freshman year at Macalester College in St Paul Minnesota | Assignments Online

2023 Josh and Mike met as roommates during freshman year at Macalester College in St Paul Minnesota | Assignments Online

Assignments Online 2023 Business Finance

Josh and Mike met as roommates during freshman year at Macalester College in St. Paul,

Minnesota. Despite a rocky start they became best friends. They are planning a two-week

adventure together to celebrate their graduation in June. Josh has never been to Europe

and wants to visit France or Spain. Mike spent a semester abroad in Aarhus, Denmark,

and traveled extensively in northern Europe. Even though Mike has never been to France

or Spain, he wants to go to someplace more exotic, like South Africa or Vietnam. For the

past week they have been arguing over where they should go. Josh argues that it will cost

too much to fly to South Africa or Vietnam, while Mike counters that it will be much

cheaper to travel in Vietnam or South Africa once they are there. They agree that they

can spend no more than $3,500 each on the trip and could be gone for only two weeks.

One evening when they were arguing with each other over beers with friends, Sara

said, “Why don’t you use what you learned in your project management class to decide

what to do?” Josh and Mike looked at each other and agreed that made perfect sense.

1. Assume you are either Mike or Josh; how would you go about making a decision

using project management methodology?

2. Looking first at only cost, what decision would you make?

3. After cost, what other factors should be considered before making a decision?

  

(Answer the questions asked in case study as deliverables where you should consider the milestones and technical requirements. Answers to the questions should be within 500 Words limit.”)

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