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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.
Quantitative layout analysis - Trial and Error Method Here we use simple travel chart and graphical approach to reduce to minimize nonadjacent flows by centrally locating the
Question 1: (a) What are the steps involved in the project management process? (b) Describe how project planning can help in the management of projects? Question 2:
Goals of an FMS The goal of an FMS is to produce a moderate verity of products in moderate. Flexible quantities clearly an F M S is more flexible than conventional high volum
What is Cost Benefit Analysis? Cost Benefit Analysis: This analysis is a mathematical technique for decision-making. This is a quantitative technique used to calculate th
Introduction The project 'Syringe Management Plan' is created to protect the community against misplace of syringe that causes accidental needle injury. This project is introdu
R Company produces a range of hair and beauty products. T, the Finance Director, and P, the Marketing Director, are reviewing the outcome of some product portfolio analysis which h
What do you mean by differentiation in organisation structure? Differentiation implies differences in cognitive and emotional orientation in between managers in various departm
Q. What communication do I need? Communication is possibly one of the most important functions of a project manager and yet sometimes the least understood. With no people there
Failure Cost of failure may result from either internal failure or external failure. Internal failures are those that occur before the product is delivered, internal failure co
Question (a) Project Management requires three important activities, namely planning, estimation and scheduling. Discuss the differences between them. (b) Scheduling of proj
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