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Modification of Supply - Aggregate Planning Some of the methods by which we can modify the supply to match the demand are: a.Hiring and Lay off of Employees: As this poli
Your Integrated Management Project will be marked initially by a tutor. The marked project may then moderated by another tutor to ensure consistency between markers. A sample of th
Question 1: In order to meet the constant changing requirements of the modern business world, organisations are compelled to develop flexibility plans. (a) Explain the vario
What do you mean by fixed costs? Fixed Cost: Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such
Question 1: (a) Using information from Table 1, build a network diagram for the project. (b) Perform a Forward Pass on the network diagram and deduce the duration of the p
why is project cost considered the most important factor in project management?
Question (a) Discuss the importance of each phases of the project life cycle (b) Assumptions make estimates more accurate. Do you agree with this statement? (c) Outline s
Explain about the process of managing risk. A process of managing risk: 1. Risk committee establish to address risk issues categorised for example usual risk audits, to estimat
Question: (a) A project manager must take ownership of the project at its early stage through the following tasks namely: stakeholder identification and analysis, prepare a bus
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 moni
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