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QUESTION
(a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. Discuss the four main types of Estimating Methodology
(b) The Work Breakdown Structure is a particularly important project tool that requires considerable thought and planning in its development and implementation, in view of minimizing subsequent changes. Major revisions to a WBS require both substantial effort and resources, due to its application to a wide array of project activities. Discuss the importance of the Work Breakdown Structure in the Project Life Cycle
(c) Briefly elaborate on the importance of a Project Charter
Strategy is developed at different levels in large organisations. The process starts with the corporate strategy which is then translated into the strategy for the business divisio
While the industry average ROE is about 15%, average profit margin of 50%, asset efficiency of 10%, and leverage ratio of 3, the ROE for ABC, Inc., using data from January 2011, wa
Question: As a newly appointed rector of your school, you have received many complaints from students .It is your aim to " democratise quality ", that is to make quality contro
Describe the contents of a project initiation document. Contents of a PID (project initiation document): • Terms of reference for example the concept of the report • Scop
explain dimensions for project manager.
Explain about the term performance management systems in brief. Performance management systems: Measurement processes of frequently assessing a projects progress in oppos
MPMM is a body of project management content, wrapped in an easy, simple to use software tool. This tool contains such core features as a Navigation Panel, Display Panel, Page Summ
Develop a work breakdown structure (WBS) for the project based on the Summary of Project Deliverables in the scope statement. Recall that a WBS is a set of deliverable-oriented gro
The Arena model has been designed to simulate the workflow of the emergency room as accurately as possible. It has one top-level model and two sub-models. Create Models In
QUESTION a) Project management activities are carried out in a planned manner. List the distinguishing characteristics of a project? b) During project management meetings, t
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