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Problem:
(a) Explain the objectives of a Procurement Development Model.
(b) Explain one Procurement Development Model you are familiar with.
(c) "In certain organisations procurement has become a strategic proactive process that contributes as much as-or more than other business functions to profitability, competitive advantage and corporate growth." Show the characteristics of the procurement function in these organisation.
What do you mean by Gates and Milestones? Gates and milestones: Milestones are a completion of main interim objectives for a project for example the key stages of a pro
Q. Show Idea Screening in Process of development? Idea screening involves the acceptance of formulation of the idea by doing cause and effect analysis. This stage usually ident
T raditional forms of organisation Traditional forms of organisations were classified into five types based on the following differentiations. Functional differentiati
Why is it significant for project managers to understand the strategy of the organisation which uses their services? This enables the project to be considered in the context of
What is Trial Balance? Trial Balance: After posting each and every journal entries within the ledger, a statement termed as trial balance is prepared to check the accurac
o Does the project plan clearly identify a set of functional increments leading to project completion? o Is the sequence of objectives consistent with both the risk priority and
discussthe nine project management knowledge areas
Describe the follow-up phase, in short. Follow-up phase: Although this is extremely significant, the follow-up phase is frequently neglected. Throughout this phase, the w
Q. What is a project plan and what does it involve? A well incorporated project plan is the primary tool for effective coordination of the work and for tracking and steering pr
Q. Process of Packaging and labeling of the product? Packaging of biscuits involves both the primary and secondary packets. These primary package should be laminated paper whi
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