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Make effective and efficient use of resources

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Project management is designed to make effective and efficient use of resources. Most companies that adopt project management find it easier to under employ and schedule overtime them to over employ and either lay people off or drive up the overhead rate. A major electrical equipment manufacturer contends that the proper utilization of the project management concept, the majority of employees who leave the company through either termination or retirement do not have to be replaced. Is this rationale reasonable?

Reference no: EM131255247

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