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Project management:
a. Describe a project you are currently working on for school or work or your personal hobbies and interests that would benefit from Project Management concepts and tools, listing at least two Project Management knowledge areas and two benefits. If you are not working on any projects, use your imagination to create one and describe this instead.
b. Describe the main knowledge areas of project management. How do these apply to your example?
c. Using your example above, draw basic WBS and network diagram for your tasks
d. Are you employing a predictive or an adaptive approach - explain the reasons.
e. How would project management differ had you chosen a different approach?
Q. Market Testing and Commercialization? The new products are tested in the markets on four parameters: trial, first purchase, adoption, frequency and volume. This test mar
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Work breakdown structure: The work breakdown structure, as its name suggests, represents an organised and logical break down of the project into its component parts. Thus break
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