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Q. Concept Development and Testing in process of development?
A concept is an elaborated version of the product idea. The concepts are developed to the extent of the new product satisfying consumer needs, the price strategy involved for positioning of the product in the market, purchase intentions at a given price level and so on. This exercise of concept building helps to face and understand the situations better and is a proactive approach.
X Company, a private security firm, has signed a contract to fund the design, construction and running of a local police station. This arrangement is a public private partnership a
A reas of Business Excellence Typically, we think about business excellence in the terms of superiority, but in practice, it is frequently translated into features of the busi
What do you mean by the term dependency? How can project dependencies be shown for planning reasons? Dependency arises when, for illustration, task or deliverable 'A' should be
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
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
The WAM Organisation is one of the very successful supermarket chains within its own country. Reputation for innovation of it is unparalleled into its own country along with the wi
Q. Use of Operational approach in development process? It has been defined as the application of scientific methods, technology and tools to operation of system with optimum s
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
What is critical path in job operation of a project? Critical Path: This is that sequence of activities that decide the total project duration. This Path is formed throu
Question: (a) What are the factors to consider while choosing an appropriate Project Management Structure? (b) What are the major characteristics of a Project? (c) Out
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