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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.
How are carrying costs varied with quantity order? Carrying Costs, that vary along with quantity ordered, contained as a. There Interest on capital investment b. There Co
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Program planning An effective and disciplined planning of a project is directly related to customer satisfaction. Since customer expectations always include timely delivery as
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outline role of the project manager
Disadvantages of participative management: There are also disadvantages to participative decision-making. Implementation of the tough decisions taken by the management th
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