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What do you mean by fixed costs? Fixed Cost: Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such
QUESTION Risk is inherent to all projects. With increasing market competition, technology and globalisation, risk management is continuously gaining wider acceptance and import
Define the incremental approach by system testing. System test: In system testing, the developers are checking which the system gives the functionality described by the u
Question: a) Why are GSD projects more difficult to manage than single site collocated projects? b) Which agile practices would be easier to adopt, and which would be challe
Submit all required artefacts necessary to achieve the ‘Life Cycle Architecture Milestone' (LCAM). The most important artefact of the LCAM is the ‘executable architecture' or ‘proo
What do you mean by psychological tests? Psychological Tests: These Tests are conducted along with a view to ascertaining the mental suitability of the candidate for perf
K e y performance indicators The key to success of a business is dependant on superior management information. Consequently while monitoring profitability and cash flows, a b
FLF is a courier company based in Z Country which presents direct document and parcel express delivery services for commercial customers. It prides itself not only on its reliabili
The Three Gorges Dam is potentially one of the largest, if not the largest infrastructure projects completed in the 21st century. Clearly, there were a number of key risks that the
Question: Performance Appraisal "Is the process of evaluating the performance and qualifications of the employees in terms of the requirements of the job for which he is emp
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