Questions

I. Inputs

• Enterprise environmental factors


• Organizational process assets


• Project scope statement


• Project management plan

II. Tools and Techniques

• Cost - benifit analysis


• Benchmarking


• Design of experiments


• Cost of quality(COQ)


• Additional quality planning tools

III. Outputs

• Quality management plan


• Quality metrics 


• Quality checklists


• Process improvement plan


• Quality baseline


• Project management plan (updates)

The law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.

I. Inputs

• Enterprise environmental factors


• Organizational process assets


• Project scope statement


• Work breakdown structure


• WBS dictionary


• Project management plan

                 - Risk register

                 - Risk - related contractual agreements

                 - Resource requirements

                 - Project schedule

                 - Activity cost estimates

                 - Cost baseline

II. Tools and Techniques

• Make-or-buy analysis


• Expert judgement


• Contract types

III. Outputs

• Procurement management plan


• contract statement of work


• make-or-buy decisions


• Requested changes       

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.