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Q. Brandi is working as a project manager on a software project. About halfway through development, her team concludes that they had not estimated enough time for some of the technical work they required to do. She requested that the new work be included to the scope statement and that the time to do the work be included to the schedule. The change control board approved her change. What's her next step?
What type of relationship and reporting arrangements must the project manager have with the sponsor? The sponsor of a project shows the management of the organisation which com
What are the processes of producing budgets? The process of producing budgets: • A budget manual is formed to provide instructions, delegate responsibilities, reporting line
Net Present Value (NPV) analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflow and outflow to the
QUESTION a) Major project management activities have their operational specificities. List the distinguishing characteristics of a project? b) Project management faces a lot
Dr. Sherry Bird is employed by Dental Associates. Dental Associates recently installed a computerized job-order costing system to help monitor the cost of its services. Each patien
S is enrolled on T Company's management development programme. Although S has a financial background, the aim of the management development programme is to help him to gain a bett
Flexible Manufacturing System FMS (Flexible manufacturing system) is a computer controlled system. It consists of several stations each geared to different operations. Work st
Scope Work breakdown structure Gantt chart Scope cchange management Project budget Project ccash flow
T he seven forces and the body of knowledge A root cause is a basic causal factor, which if corrected or isolated will stop recurrence of a situation .There is honest disagree
Q. Why do projects need planning? A basic of managing projects is first to plan and then to accomplish. Obviously good project management is lots more complex as we shall see s
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