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What is Buffering in risk management?
Buffering:
Buffering or slack is the allowance of additional cost, resources or time for example ‘just in case’ specific events or risks do arise. Slack makes a provision for uncertainty into project environments. Some risks categorised for a project to introduce a modern computerised system.
Risk Management in the TQM Framework Total Quality Management (TQM) is one of the widely used project management technique or approach. TQM mainly concentrates on process m
What have RAD and extreme programming got in common? What are the claimed advantages of these approaches? Both XP and RAD have as their common intention, and when their primary
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What are the advantages of critical path analysis? Advantages of critical path analysis (CPA): a. Classifies interrelationships in between various activities or tasks
QUESTION (a) The project organization structure clearly identifies the relationship between project team members through defining their duties, responsibilities and lines of au
ten characteristics of organizational culture
Specification is an important quality document for the product because it is here that quality fo the product as a whole is defined in precise technical terms. Although the use
What are the benefits to an organisation of having a Project and Programme support office? The major advantages to an organisation by having a Project and Programme support off
Managers can trace, diagnose, analyze, quantify, and find timely solutions when they are familiar with organizational culture. Managers fail in implementing new strategies and new
Organizing Which is the process of grouping resources and activities in a logical fashion. The function of organizing involves: grouping similar activities together (depa
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