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Problem 1:
(a) What do you meant by Life Cycle Costing?
(b) Explain briefly the methodology for Life Cycle Costing.
(c) Why might a procurement officer consider procuring used equipment instead of a new one?
Problem 2:
(a) Explain the elements of a Service Level Agreement.
(b) Describe the processes involved in establishing a Service Level Agreement.
Problem 3:
"Focusing on interests rather than positions is key to conflict resolution in purchasing negotiation." Discuss in relation to principled negotiation strategy and positional bargaining?
Q. Can surprises be reduced? Yes absolutely! By their vary nature projects are uncertain business and uncertainty can lead to both risk and opportunities. As a result a very im
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
Define the role of initiation phase in the project management. Initiation phase: The initiation phase is the starting of the project. In this phase, the concept for the p
What are the conditions of risk occurrence in project? Within a project environment there is all the time a risk or chance which adverse conditions arise, which could reason of
Process planning A process is any part of an organization that takes inputs and transforms them into outputs. The value the process generates is the difference between what t
Advantages of Product Layout - Scientific Materials Handling This layout facilities adoption of automatic handling devices. The channelization of work flow through direct
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Identifying Project Risk Risk identification is a process which determines the types of risks that have potential impact on a project. The risk identification is an ongoing pr
Policy Statement Policy statements are necessary to clarify intentions, describe the policy administration process and define policy particulars. Policy statements protect an o
ELEMENTS OF TOTAL QUALITY MANAGEMENT (TQM): The philosophy of Total Quality Management is based on understanding customer needs and improving customer service and satisfaction
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