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Q. What if I need more money?
The similar applies here as in Question 17. Though the options that are open will depend on how far the project has already advanced. In general there are two options. The first is to seek as well as obtain more project funding. The second is to decrease the scope of the project. Theoretically a third alternative is to reduce the quality of some of the components of the project. Though this isn't recommended as the impacts are usually marginal at best and at worst may lead to significantly greater costs during the subsequent life of the product.
More innovative as well as frequently very successful is to develop an alternative and more cost-effective solution to one or more of the project's objectives. There are procedures for doing this such as value analysis a technique which typically involves broad and expert consultations.
The influence an organisation will normally have over its macro environment will be Limited or non existent
Define the critical path analysis in risk management. Critical path analysis (CPA) or network analysis: Gantt charts are a poor time management tools while projects are l
Q. What is a task manager? Terminology in the project business is extremely confusing. Different people as well as different organizations use different names to mean different
Product Based Layout Also called the straight line layout or layout for serialized manufacture, product layout involves the arrangement of machines in one line depending upon
Basic process involved in project closure The end deliverables becomes the focus of the closure plan, that is, to ensure a high level of end user satisfaction. Hence processe
Levels of strategy There are three levels of strategy: Corporate strategy is the overall (grand) strategy for the organization as a whole. Business strategy refers to
Project process cycle Any project professionally planned will target specified goals within the framework of time with available resources. The project passes through the foll
Question 1: a. How would you define a project? What are the different types of project that exist? (Please illustrate using a model with examples). b. Enumerate and descri
got a case study of IKEA..have to make ghantt chart and work breakdown structure
What is communication in organisation? Communication: An organisation structure gives channels for the flow of information on that the decisions of the organisation will
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