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The management of risk is proving to be one of the most difficult tasks for the project management profession. How can risk be managed effectively and who should be responsible for
M a t r i x organisation A matrix organisation is a combination of functional and project organisation. A weak matrix organisation has most of the characteristics of a fun
The culture of the organisation will be strongly affected by the history of changes in the organisation and how they were accomplished.Culture is related to shared values and belie
Q. Can surprises be reduced? Yes absolutely! By their vary nature projects are uncertain business and uncertainty can lead to both risk and opportunities. As a result a very im
Creating a Risk Management Plan The main aim of risk management is to develop a well-structured approach to deal with any kind of uncertainty, which create threats in the proj
what are applications of PTS
A brilliant UTM student at the end of his graduation is in presence of two opportunities and has to choose between them. One is a job offer with a salary of Rs15,000 per month (wit
Question: (a) Project Value Management has gained significant acceptance in different fields of business and is regarded as a useful tool for promoting project sustainability
Problem: (a) Give the definition of a team and elaborate on the purpose of having teams in the organisation. (b) Describe the different processes that take place in a team a
Question 1: Describe briefly how the different system/aids are used to ensure smooth working of the production process. Dispatching. Follow up. Inspection. Corre
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