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QUESTION
(a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. Discuss the four main types of Estimating Methodology
(b) The Work Breakdown Structure is a particularly important project tool that requires considerable thought and planning in its development and implementation, in view of minimizing subsequent changes. Major revisions to a WBS require both substantial effort and resources, due to its application to a wide array of project activities. Discuss the importance of the Work Breakdown Structure in the Project Life Cycle
(c) Briefly elaborate on the importance of a Project Charter
Definition of Quality in Projects The way to achieve project quality is to make a meaningful and effective transfer of proven quality methods to the project management domain.
Cost Targeting Cost targeting is the pricing method which has to be used by the firms. It is defined as the cost management tool used for reducing the overall cost of the produ
what is the relationship between strategy and project management. what part do leadership and governance play in project. 3. What is the role of portfolio management and programme
Project risk manager As the project manager manages the project, the project risk manager manages the project risks in the similar way. The responsibilities of project risk ma
i) Explain the project management control technique called earned value analysis and illustrate the fundamental concepts. Justify your answer. ii) Determine the progress and
Input Data Collection The input data for the model was collected accurately to be as close as possible to a typical emergency room. We expected that the number of patients comi
Organisational Style: Whether the participative approach can really work depends upon the type of organisation and its' functioning. An open organisation is more likely to en
Qualities by design tools that decrease total product development time utilize high powered software and the latest in desktop computers. The primary qualities by design to
Aggregate planning is an operational method that does an aggregate plan for the production procedure, in advance of 2 to 18 months, to provide an idea to management as to what amo
(a) What are the benefits and caveats of adopting a standard methodology (such as PRINCE2) for the management of an organization's projects? (b) How might the size of an organi
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