Potential benefits and drawbacks by adding employees to team, Business Economics

Assignment Help:

Your project is behind schedule and you are seeing adding extra employees to the team. What would be the potential benefits and drawbacks of this approach?

Given that the slippage is spotted early adequate, adding extra employees may be a feasible strategy like there will be time for them to be trained and turn into familiar along with the project. Or else, adding extra people may in fact be counterproductive, as training them and/or bringing them up to speed onto the project may distract the existing staff through getting on along with their work. Nonetheless, when the slippage is diagnosed as being because of a lack of expertise or experience into the project team, bringing in some experts may well allow the project to recover.


Related Discussions:- Potential benefits and drawbacks by adding employees to team

What is the heavily indebted poor country initiative, What is the Heavily I...

What is the Heavily Indebted Poor Country Initiative? The Heavily Indebted Poor Country (HIPC) aims to assist the poorest, most heavily indebted countries prevent by unsustain

Elasticity of demand, Explain the elasticity of price expectations?

Explain the elasticity of price expectations?

Analyse the transmission mechanism, Question: (a) State whether the fol...

Question: (a) State whether the following statements are TRUE or FALSE. Justify briefly your answer. (i) Money is the most liquid medium to store value. (ii) An increa

Calculate the npv and irr, You are evaluating a project in the country of E...

You are evaluating a project in the country of Expropriationstan. You estimate end-of-year cash flows as follows. Assume your discount rate for evaluating projects of this sort in

How the producer may raise his total revenue, (a) Using the basic concept ...

(a) Using the basic concept of price elasticity of demand for his product, describe how the producer may raise his total revenue. (b) With reference to an initial set of marke

Optimal order interval, XYZ is a company that produces a variety of medical...

XYZ is a company that produces a variety of medical appliances for hospital and home use. It has experienced a steady demand for its products, which are highly regarded in the heal

What is the infant industry argument, What is the Infant Industry argument?...

What is the Infant Industry argument? Several governments seek to protect involving industries by premature competition. Infant industries have potential comparative benefit b

Illustrate the main causes of inflation, QUESTION 1 (a) Illustrate the ...

QUESTION 1 (a) Illustrate the main causes of inflation in Mauritius. (b) Critically analyse the costs of inflation. Which of these items is likely to have encouraged the Mau

Techniques used to improve reading, Problem 1 Different purposes of rea...

Problem 1 Different purposes of reading require different methods of reading. Describe the various ways of reading. What are the techniques that you can use to improve your rea

Fiscal policy and budget deficit, Question 1: (a) How do taxes affect t...

Question 1: (a) How do taxes affect the economic well-being of market participants? (b) Explain the link between fiscal policy and budget deficit. (c) What are the factor

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd