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Risk Breakdown Structure (RBS) R isk Breakdown Structure (RBS) is a tool developed by Dr. David Hillson that is used to guide the risk management process. He describes RBS as
Explain about the term cost/benefit analyses. Cost/benefit analyse: Cost/benefit analysis is the procedure of knowing, and as far as probable quantifying, the costs of res
From what product must the acceptance criteria for a project is derived and why? The acceptance criteria must be derived by the Requirements Specification that is where the use
Product/Service and Volume Flexibility Ability to respond fast to the customer's needs known as flexibility.Two forms of flexibility are product/ Service and volume flexibilit
Importance of Materials Management The primary and secondary objectives listed above should themselves give us clear idea about the importance of materials management
Question: a) With the help of a diagram classify the different global project methodologies (ITIL, CoBIT, Prince 2, BS 17799, COSO,....) that you are aware of in terms of deve
Explain about the implementation phase. Implementation phase: The project takes shape throughout the implementation phase. It includes the construction of the real projec
Disadvantages of participative management: There are also disadvantages to participative decision-making. Implementation of the tough decisions taken by the management th
T he dark side of quality cost analysis The Quality Cost Analysis will always look at the organisation's costs and not the customer's costs. The manufacturer and the seller ar
Q. How do I get resources? We must assume that the requisite planning as discussed in Question 12 has been completed and the resulting plan approved for implementation. In that
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