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MBO process
MBO is the process of collaborative goal setting between the manager and his or her subordinates. It assumes that goals are consistent or compatible from the highest level through the lowest level and that commitment increases through collaboration. If MBO is kept relatively informal (to hold back paperwork) focused on the long run and used with periodic reviews and proper rewards, it appears reasonably effective.The basic steps in the MBO process are:
Explain the WBS or CBS budgeting planning in project. Throughout a project, financial control can be accomplished by actual expenses being tracked against every budget assigned
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Comparison between dept finance and ordinary share capital
Over the years, E has had a number of business successes in the building trade and property development. Her latest venture is to build a hotel in YX town. E has already gained the
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C ommunication and reporting Effective communication among all project stakeholders is a leading factor to the success of a project. Sharing knowledge empowers every project s
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