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How are the conceptual skills required for a successful manager?
Conceptual skill is the capability to observe the organization as an entire, to recognize inter-relationships in between various functions of the business and external forces, as well as to guide efficiently the organizational efforts. This is critical into top executive positions. This is easier to learn technical skill than the conceptual skill. In conceptual skills, are decision-making skills (capability of the person to take timely and exact decisions) and organizational skills as they assist fixes various people at various jobs.
What are the benefits of using work breakdown structure? The benefits of using WBS (work breakdown structure): a. It can be used to assign and delegate responsibility to ass
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 contents of post completion report? Contents of a PC (post completion) report: a. Outcomes documented through staff appraisals undertaken b. Stakeholder surv
Network diagrams and bar charts have different parts to play within planning a project. Where each of such tools used is and what does this demonstrate? The network diagram dis
Illustrate the examples of Work and Cost breakdown structure, which can aid budgeting planning? Illustrations of how WBS or CBS can aid budgeting planning: • Staff hours for
At the last board meeting of X Company, the Finance Director showed concern for the lack of planning information obtainable to the company. It was accepted that the company needed
Explain about the project management systems. Project management systems: Each project must have a plan and a set of goals or performance measures to achieve this. Contro
Levels of strategy There are three levels of strategy: Corporate strategy is the overall (grand) strategy for the organization as a whole. Business strategy refers to
Management Responsibility a. The quality policy shall be defined documented understood implemented and maintained. b. Responsibilities and authorities for all personn
Question: a) Describe lessons or best practices that could be learned from the above case study? b) Describe the factors that lead to the project failure? c) What is acc
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