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Communication and reporting
Effective communication among all project stakeholders is a leading factor to the success of a project. Sharing knowledge empowers every project stakeholder.
Effective means of communication is very essential to ensure efficient interaction between all project team members, stakeholders and external interfaces. Information technology is an important means for the exchange of information. Initially communication helps to provide clarity about the project's goals and objectives and subsequently support the day to day work of the project team. The process of reporting helps to communicate the progress of the project. The major processes of project communication management are:
Explain the WBS or CBS budgeting planning in project. Throughout a project, financial control can be accomplished by actual expenses being tracked against every budget assigned
Characteristics of Process Planning Since a process is required to manufacture a product it is necessary to plan the process. Process planning comes after it has
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Standardization of Work Processes: The interrelated processes of an organization need to be standardized which help to determine how work is organized and how customer needs
Roles of Management Management roles have been grouped into three major groups: 1) Interpersonal roles: which involves the manager collecting and disseminating informati
ISO standards give tremendous advantages to those holding their certification. Some of these advantages are briefly discussed below for different categories of groups ins
What are the questions of the initiation phase? Questions to be answered in the initiation phase include the given as: • Why only project management? • Is this feasible?
What are the advantages of the revolution of changing in information technology? The positive side of the strides made within the realm of information technology is more benefi
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
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