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How Might Goals be Measured for Feasibility
Feasibility should be measured throughout the life cycle of a project. The scope and complexity of an apparently feasible project can change after the initial problems and opportunities are fully analyzed or after the system has been designed. A project that is feasible at one point in time may become infeasible at a later point in time (Reilly, 1996).The goals can be measured by asking the following questions pertaining to the operational feasibility of the primary goals such as;
- Performance. Does the integrated system provide adequate throughput and response time?
- Information. Does the system provide end-users and managers with timely, pertinent, accurate, and usefully formatted information?
- Economy. Does the system offer adequate service level and capacity to reduce the costs of the business or increase the profits of the business?
- Control. Does the system offer adequate controls to protect against fraud and embezzlement and to guarantee the accuracy and security of data and information?
Based on the above, determine the best production plan that the company should adopt when the sole objective is to minimize costs.
Analyze the relative strengths and weaknesses of the different perspectives for developing operations strategy :the top-down and the bottom-up.
The need to manage technical interfaces and to correct incompatibilities is likely to create technical conflicts during the ________ phase of the project lifecycle.
A project had a budget of $750,000 and was completed on time. The project expenses, however, were 15 percent more than what the project called for. What is the variance at completion for this project?
Purpose of a project manager - Why are projects manager in such demand and what type of person do you think could be a PM
Develop a closing statement for the person that provides information.
Explain how to Effectively Communicate with Project Stakeholders and how can you improve your listening skills?
Explain different methods and techniques a project manager could use to minimize or control changes to project schedules
The information below describes a project with an initial cash outlay of $10,000 and a required return of 12%.
Are there conditions under which an corporate executive committee should approve a proposed solution
Questionaire on Project Management
Prepare a project Report - This indicates the major and minor sections and outlines the structure. It should also contain a list of diagrams, tables, charts and so on.
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