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QUESTION
(a) Feasibility Study is a preliminary study undertaken before a real work of a project start what factors should the project manager take into consideration while conducting the feasibility study
(b) Outline at least THREE steps common to PERT and CPM
(c) What are the TWO primary stages of a Risk Management of a project?
(d) What are the THREE common types of budgets, briefly explain on each of them
Question: (a) Joseph Moses Juran, the famous quality management consultant, put forward the concept of breakthrough sequence. (i) Explain what is a breakthrough. (ii)With
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
Span of management Span of management refers to the number of subordinates who directly report to one superior. If a manager has too many subordinates then his span is wide and
1. Reciprocal Relations: When a company deliberately buys as much as possible from its own customers it is said to practice reciprocity. In consumer goods industries reci
Explain about the budgeting process in risk management. The budgeting process: A budget is a quantified or forecast plan of action. A quantified financial plan of action
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
Greater Possibility of Space Utilization There will be a greater productive utilization of the floor area under this type of layout. Due to lesser need for temporary storage o
Characteristics of Flexible Manufacturing System An FMS is a process technology that can product a moderate variety of products in modest volumes and can do so quickly and wit
DISCUSS QUALITY PLANNING OUTPUT
Project management Process According to PMBoK, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet or exceed
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