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What are the necessary features of the Earned Value Management? Necessary features of EVM systems: a. A quantified project plan which identifies work or activities to be
Explain about the implementation phase. Implementation phase: The project takes shape throughout the implementation phase. It includes the construction of the real projec
what is the principle of discounting and what issues are critical in this process
X Company, a private security firm, has signed a contract to fund the design, construction and running of a local police station. This arrangement is a public private partnership a
Define the process of critical path analysis. Process of critical path analysis: 1. Break down project within a logical sequence of activities to be finished. 2. Appro
Explain the incremental approach to testing represented by the orderly integration test. Integration test: The integration test is looking for to determine whether the mo
Do it Right First Time : TQM adopt the policy of zero defect. There is no scope for rework and rejection. The right first time or zero defect is the result of an empha
Explain about the Economic Order Quantity and Total Cost with diagram. Economic Order Quantity and Total Cost: The total of Inventory procurement cost and also inventory carryi
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
Organizing Which is the process of grouping resources and activities in a logical fashion. The function of organizing involves: grouping similar activities together (depa
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