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Components of Strategy
Strategy has four basic components:Scope: which refers to the position the firm wants to have in relation to its environment.
Resource deployment indicates how the organization intends to allocate resources.
Competitive advantage is the specification of what advantage(s) the firm holds relative to competitors and
Synergy is the extent to which various businesses within the firm can expect to draw on one another.
Project management Process According to PMBoK, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet or exceed
What are the techniques used for a post completion review? Techniques used for a PC (post completion) review: a. End user satisfaction surveys regarding to the quality of th
o Does the iteration plan identify a high level objective? o Is the objective consistent with the highest priority requirement of the project? o Are work items identified spe
what is the maniipulated variable in a wood experiment
Flexible Manufacturing System FMS (Flexible manufacturing system) is a computer controlled system. It consists of several stations each geared to different operations. Work st
QUESTION While scoping a project, as much information as possible should be gathered about the wants and concerns of sponsors and end-users. What are the useful channels of
Project control processes cannot be overemphasised in their significance to the success of a project. The project manager must continually take a pro-active approach in controlling
Question: (a) Explain how effective teamwork is beneficial to both the individual and the organisation. (b) Team leaders have to be on the lookout for symptoms of ineffecti
Q. How do I best control cost? Several people think that they are controlling cost when they approve invoices or sign cheques. In fact the cost is already long since committed
Importance of Materials Management The primary and secondary objectives listed above should themselves give us clear idea about the importance of materials management
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