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What do you mean by variable costs?
Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are as given below: direct production labour cost, direct materials cost and direct expenses.
Perform a status assessment of the first project iteration (IIP1). DO NOT GENERALISE. Assess each activity separately and specifically against the intended outcome stated in the it
Problem 1: a) What is the role of strategy in project management? b Explain the importance of aligning H.R projects with the organizational strategy. c) What are the impa
How are communication and coordination beneficial in project management software? Communication and coordination: Project software can give automatic report templates al
Problem 1: Is closing of a clinical trial as important as initiation? Justify your answer with suitable examples. Difference between closing of a clinical trial and initi
How is a network diagram constructed? A network (critical path) diagram constructed by: • Needs a pencil, ruler and 2P coin or some stencil otherwise coin for an ideal circl
COMPONENTS OF PARTICIPATIVE MANAGEMENT: The involvement of staff in the decision making process of the organization and having increased awareness of the organization's purpos
What do you mean by Gates and Milestones? Gates and milestones: Milestones are a completion of main interim objectives for a project for example the key stages of a pro
Define the Concept of Project Risk Audit Audit can be defined as an evaluation of a person, organisation, system, process, enterprise, project or product. Quality risk audit i
What are the conditions of risk occurrence in project? Within a project environment there is all the time a risk or chance which adverse conditions arise, which could reason of
types of operation research models
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