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Disadvantages of participative management: There are also disadvantages to participative decision-making. Implementation of the tough decisions taken by the management th
Explain about the project management systems. Project management systems: Each project must have a plan and a set of goals or performance measures to achieve this. Contro
S hareholder value Project management initiative brings a renewed interest among the shareholders. The major investors show more interest by becoming active in the organisati
Question: (a) The purpose of Project Monitoring and Control is to evaluate and provide an understanding of the evolution and progress of a project. This enables measurement of
o Is the business problem that the project addresses clearly defined? o Is the list of stakeholders (ie people affected) by the project complete and correct? o Is the scope o
explain dimensions for project manager.
P roject value The organisations add value to the business through the series of processes. Increasingly such processes are usually undertaken within the context of the projec
Illustrate an example of demonstrating a network or critical path by given activity and duration. Activity Duration (Wks) Precede
What are the uses of Cost Benefit Analysis? Generally, this technique (complex cost benefit analysis) is advocated for use within decisions on public projects, wherein social c
What are the benefits of project management software? Project management (PM) software benefits are as follows: a. Project scheduling b. Budgeting and controlling cost
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