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Audits
Audits are independent examinations to determine whether processes and procedures achieve the specified objective. They are an essential tool to identify problem areas. Audits are conducted to access the progress of a project. Regular auditing is done to ensure that the project's outcome is in par with the project objectives. Using a standard assessment tool to asses a project may not provide accurate results because many teams and organisational resources will be involved in the execution of a project. Project management auditing is an honest assessment of individual and team performances and their ability to achieve both short-time and long-time targets.
Question: a) Give two definitions of performance management. b) Explain the elements of a performance management system using the Storey & Sisson 1993 model. c) ‘Performa
C ontrol charts Control charts are tools used for monitoring, controlling and improving processes over time. These are applicable to administrative processes.
R educe inspection cost by acceptance planning In few cases where there are number of methods, available to protect the supplier and the customer from poor quality, it so happ
Question: (a) "TQM requires the whole organization to adopt the culture of quality. In a TQM organization quality will dictate the decisions, tasks and processes." In the lig
Review business plan (information can be found on corporate marketing plan) to establish critical dates and initiatives that will require or generate resources in next financial c
Budget A budget is a financial preparation or planning and a record of all planned expenses and revenues. It is a plan for borrowing, saving and spending. A budget is a sign
Three Dimensional Model These are scale models of a facility and more nearer to the real situation as besides length and width they show height of the facility also. Models ar
Question 1: (a) What are the factors that you would consider to determine the causes of Equipment failures during its life cycle? (b) Explain clearly the failure patter
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What are the examples of conformance management systems? Examples of conformance management systems: a. Staff training b. Specific instructions communicated c. Ordinar
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