Define the cost of capacity

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Reference no: EM132163422

1. Scope change request are part of project management. While planning is detailed and thorough, planning is not perfect as situations and environments are constantly changing. All projects require a good and formal change management process. List and explain two important documents that should be a part of all change management processes in project management.

2. b) Define the ‘cost of capacity’. c) What is required for effective management of capacity and why? d) Define theoretical and practical capacity, as used in calculating volume variances. e) Identify and explain three common flaws in capacity measurements (possibly more than one). g) Identify and explain two advantages of measuring the cost of capacity.

Reference no: EM132163422

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