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Q. What value does project management add?
This is extremely difficult to answer in traditional accounting terms for the reason that the real value is in the quality of the end results and the avoidance of unnecessary delays and costs. Briefly the stakeholder as well as customer satisfaction. It's similar to taking out insurance no one argues about taking out the right amount of insurance. No one must argue about doing the right amount of project management. Keep in mind that Murphy that good old proponent of humorous laws has said A poorly run project will take three times as long and cost three times as much as a well run project. But he as well added compared to a well run project which only takes twice as long and costs twice as much. For our financial accounting friends that is a 50% saving right there!
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Explain about the implementation phase. Implementation phase: The project takes shape throughout the implementation phase. It includes the construction of the real projec
Question: a) Describe lessons or best practices that could be learned from the above case study? b) Describe the factors that lead to the project failure? c) What is acc
Q. What level of project management do I need? A. This is a complicated question to answer for the reason that it very much depends on the size duration and technical complex
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