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Q. What is a project?
The term project appears to be a buzzword that means a lot of different things to different people. Anything for instance from a secretary's "project" to clean out an old filing cabinet to an engineer's "project" to create a multi-million dollar facility. Even these boundaries have one thing in common that is the application of work or effort to create a new situation or product, where "product" is used in its broadest sense. Therefore a project is able to be any undertaking with a definite starting point and one or more defined objectives the completion of which spell out the end of the project. It must be added that for one reason or another most projects are restricted by limits imposed on resources (equipment, effort and materials) time and money.
P roject organisation In this type of organisation, the project management needs of all divisions of the company are served by a centralized separate division of skilled manag
A 69 year old Greek man, Mr. Baltas, who speaks little English, was admitted to a major hospital in Melbourne for assessment and tests for a cancer-related illness. He had been dia
The Big Dig has often been critiqued due to costs and challenges. To what extent do you think is it possible to identify risks associated with the project early in the project''s l
Calculate the elapsed time of the critical path project when A Critical path of ACDEFGIJ is given below and the elapsed time of the project is 25 weeks. Th
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
clear information about project type production
o Does the iteration plan identify a high level objective? o Is the objective consistent with the highest priority requirement of the project? o Are work items identified spe
Introduction Ajax Corporation is a manufacturing firm with a sophisticated purchasing system. The system is capable of automatically generating purchase requisitions for inven
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Project Management Functions Let us now discuss the project management functions. Project management process consists of five core functions to utilise resources to accomplish
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