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Materials Management as an Operating Function : In small scale industries generally the function of materials management is considered subordinate to the production function. The materials manager acts as a subordinate to works manager. Materials management is considered as a service function to operation and is regulated with other operations under the control of works manager. The splitting of the materials management department will largely depends on the quantum of the work of each section and the need of the organization.
T has recently been appointed as the new Chief Executive of PV Company which manufactures cosmetics and toiletries. She has spent the first three months meeting with her senior man
Define the term Earned Value Management in short. Earned Value Management (EVM): Earned Value Management (EVM) is a project management system which combines schedule and
Q. Can surprises be reduced? Yes absolutely! By their vary nature projects are uncertain business and uncertainty can lead to both risk and opportunities. As a result a very im
T he seven forces and the body of knowledge A root cause is a basic causal factor, which if corrected or isolated will stop recurrence of a situation .There is honest disagree
Bidding is a process in which you quote money in exchange of goods or services through an auction. They are two types of auctions: open auction and silent auction. In an open auc
Q. Why do projects always seem to cost more than expected? In general this seems to stem from three causes. The first may merely be an overly optimistic cost estimate. Sometime
QUESTION (a) The project organization structure clearly identifies the relationship between project team members through defining their duties, responsibilities and lines of au
QUESTION 1: (a) Explain how TWO of the given gurus have contributed to the Quality Movement, highlighting the major points of their philosophies: (i) Edward Deming (ii)
Question: (a) The greatest threats to many projects are failures to communicate effectively. (i) Elaborate on the Project Communication Management processes (ii) Briefly
Question 1: (a) ISO 9000:2008 specifies the requirements for a Quality Management System. The standard is based on eight quality management principles upon which to develop an
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