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Q. What is a successful project?
Since each project has an element of newness about it there will be difficulties and risks to be surmounted. These require decisions and may be trade-offs between competing project objectives such as cost and time but in the last analysis the successful project is one which satisfies the client and the stakeholders and is seen to do so in its most important dimension quality. Quality is classified as conformance to requirements.
What is the procedure of privatization? This is however; wrong to think about the procedure of privatization can act as a magic wand. An extremely recent comparative study of t
What are the Disadvantages of Division of Labour? Disadvantages of Division of Labour are as follows: a. Division of labour provides rise to loss of craftsmanship, workers t
Question: (a) Earned Value Management is a systematic approach to the integration and measurement of cost, schedule, and technical accomplishments in a project. List the benef
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
Question: (a) Consider the following quality goals and provide a way to make the goal more tangible such that it can be easily verified: i. Software should be user friendl
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1. Some of the tasks in this project can be done in parallel. Prepare a diagram showing the required networks of tasks and define the ciritical path. What is the length of the proj
Question: (a) Past projects have shown that cost escalation is a common phenomenon with respect to the amount by which actual costs increases overrun the initial estimated cos
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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