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How must be the downward communication from the superior to the subordinate? There formal communication in between subordinate and superior, here the superior sends directions
How is Economic Order Quantity depended on costs? Economic Order Quantity depends on two costs as illustrated below: - Inventory procurement costs that consist of expenditur
The steps to create a run chart are: 1. Identify the process to be observed: Ensure that the process involves some kind of repeatable activity in which results remain consis
QUESTION (a) The project organization structure clearly identifies the relationship between project team members through defining their duties, responsibilities and lines of au
Quantity to be manufactured When only few parts are to be manufactured we cannot use the processes involving more setups, costly tools and special purpose machines. The use
What are the disadvantages of critical path analysis? Disadvantages of critical path analysis (CPA): a. Supposes a trade off among time and money but most staff cost coul
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
Costs of Quality Quality management is not only concerned with maintaining the quality characteristics of a product but also with doing the same at least cost. The
Question: (a) What are the checks/actions to be carried out in a project monitoring meeting? (b) What is the rationale behind the concept of "earned value" in project mon
External recruitment has certain merits: The selection of staff can be made from a much greater number of people. It brings individuals into the organization who have d
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