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What are the disadvantages of critical path analysis?
Disadvantages of critical path analysis (CPA):
a. Supposes a trade off among time and money but most staff cost could be a certain not variable cost
b. The complexity of the demonstration will increase as additional activities are comprised
c. Key uncertainties frequently exist while estimating the duration for activities, thus can be a poor prediction for elapsed time.
Cycle time and Assign work elements and Delete the assigned elements A task having 12 work elements and their logical relationship and time ( in Seconds ) taken is given in th
What are the risk management strategies? Risk management strategies: • Retain the risk (Absorption) as like when the risk is small and won’t influence the project a great de
Q. If I only have a small project, do I really need to bother with all of that? In any of project of any size all of these ten attributes requires some degree of attention. But
Analysis The factory has the process for the following: QC of sampling, receiving orders, receiving fabrics and accessories, checking of fabrics, drawing, cutting, sort
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What is Trial Balance? Trial Balance: After posting each and every journal entries within the ledger, a statement termed as trial balance is prepared to check the accurac
What skills are helpful when working in Project and Programme support office? The skills which are most helpful probably include in Project and Programme support office: a.
Factor Affecting Process Planning - Choice of Plant Layout While deciding the sequence of operations the plant layout is to be taken into consideration. The sequence of operat
Selection criteria for Product One or few standard products Large volume of production of every item over considerable period of time. Possibility of time an
types of operation research models
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