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Question
(i) Discuss relevance of "Re-Work" in Project Management and importance of taking it into consideration as implementing projects.
(ii) The competition and pressure on businesses to-day impose on Project Manager to handle a number of projects at the similar time irrespective of whether these are interrelated or not in terms of resources or activities. Concept of "juggling with multiple projects" and "portfolio management" is now the method Project Managers are required to operate.
Examine 5 steps that Project Managers can adopt to deal with project overload.
Criticism of traditional measures of performance
Describe the features or characteristics of your product or service.
Calculate the payoff and the profits for investments
Write a report on Managerial Roles and Gap Analysis
Create a project schedule and align resources, Analyze project schedule and resource allocation
Prepare a "Monthly Profit Report", Create this report using the results of your ABC overhead allocation.
The Work Breakdown Structure (WBS) subdivides the scope of work into manageable work packages that can be reliably estimated and assigned to a responsible person for completion. Discuss five uses of a WBS in Project Management
Design an online system for the human resources department to manage available job positions.
You are the project manager of a leading textile engineering company. The company opened its door in year 2000. Today, after 13 years of existence, it is being challenged with a loss in profitability approximating a 65% loss in net revenue
Reviewing the balanced scorecard approach of Youngblood and Collins.
Describe the market growth rate for product and service.
Project managers often focus more on project needs and neglect the human resource aspect with little attention given to motivate the project teams. With short notes explain- (i) The expectancy theory of motivation (ii) The equity theorem
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