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What is Cost Benefit Analysis? Cost Benefit Analysis: This analysis is a mathematical technique for decision-making. This is a quantitative technique used to calculate th
M eas ures of Success The most important objective of project management is to meet or exceed expectations of the sponsors of the project. These prospects are typically expre
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
Management is a science or an art Management like most other arts involves some degree of skill and talent, but management makes use of underlying knowledge (science) and appli
What work goes on previous to project start-up? Before project start-up, work is required to establish the things and scope of the project. This is essential to establish the d
Explain about the term project initiation document. A project initiation document (PID) that is project proposal document or charter, is a report to illustrate a business case
Benefits from Quality Efforts The benefit obtained from quality is creation of more efficient and effective operations. It helps to increase the customer satisfaction and their
Combined Layout The application of the principle of product layout, process layout or fixed location layout in their strict meanings is difficult to come across. A combination
Q. What do project managers do? First of all project managers have to take responsibility for leading the project effort towards the stated and agreed upon goals and objective
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