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C y c le Time Optimisation Cycle time optimisation is an operating philosophy of maximising the efficiency of the sub optimal value-added activities while reducing the non-
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
What is the important role of Controlling in the management? Controlling: Controlling is described as which managerial function that seeks to make sure an absolute c
To develop a new product from the given product ingredient. • explore new ideas for product development, • understand the concept of development of a process, • gain kno
Reduction in Costs : An efficient quality control system reduces the cost of production of the product due to reduction in wastage of raw materials, semi finished and finished good
What type of relationship and reporting arrangements must the project manager have with the sponsor? The sponsor of a project shows the management of the organisation which com
Total Quality Management (TQM) is a business management strategy aimed at embedding awareness of quality in all organizational processes. TQM has been widely used in manufacturing,
Explain about the term performance management systems in brief. Performance management systems: Measurement processes of frequently assessing a projects progress in oppos
Question: Using the example of Back~to~Future International, a newly setup organization and taking advantage of in-house project management service as set out in Question (
T Company has identified a need for, and made a decision to open, a new training centre in one of the major cities in E Country. This is a large scale project for T Company and it
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