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QUESTION
Implementation should focus on the achievement of agreed outcomes, so that if a problem is encountered with the plan, other courses of action will be employed.
What are the basic control elements in generic projects and illustrate why each one of them is important illustrating answer with examples. What are the types of questions (at the planning stage) one should address with respect to each control element to minimise risks of being caught by surprise during implementation?
Electronic Document Delivery Systems: The systems employing electronic technology for the receipt of requests and supply of documents are known as Electronic Document Delivery
QUESTION (a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. D
Critically evaluate the use of complex models of Project Risk and Procurement Management; systematically and creatively making sound judgements based on the systematic analysis and
Describe the follow-up phase, in short. Follow-up phase: Although this is extremely significant, the follow-up phase is frequently neglected. Throughout this phase, the w
What is Buffering in risk management? Buffering: Buffering or slack is the allowance of additional cost, resources or time for example ‘just in case’ specific events or r
What are the advantages of critical path analysis? Advantages of critical path analysis (CPA): a. Classifies interrelationships in between various activities or tasks
PROCESS OF DECISON TREE ANALYSIS
Discuss the concept of "simultaneous loose?tight" by Peters and Waterman
Unit rate contracts In a unit-rate contract, the seller commits to providing each unit of work defined by a buyer for a fixed price per unit of each work item. Engineered m
The Delphi technique intends to attain a consensus evaluates by the efforts of a number of estimators. How is this attained and what is the advantage of the Delphi technique over,
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