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QUESTION
(a) The project organization structure clearly identifies the relationship between project team members through defining their duties, responsibilities and lines of authority. The most common project organization structure is the Matrix organization, elaborate on the advantages and disadvantages of this structure
(b) Project lifecycle is a logical sequence of activities used to accomplish the project's goals and objectives. Regardless of the scope or complexity, any project goes through these stages during its life
(i) Elaborate those stages in a project life cycle
(ii)Discuss the effects of scope changes or influences with respect to the level of effort on the different phases of the life cycle
(c) Briefly elaborate on the importance of the project closeout report
What do you mean by Gates and Milestones? Gates and milestones: Milestones are a completion of main interim objectives for a project for example the key stages of a pro
what risks can you identify? why are they risk to global green books publishing?
What is the meaning of exception reports? Progress (or exception reports) can be utilized to monitor and to control the project. It permits the project board or project manager
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
Processes by Market Orientation Processes can also be categorized on the basis of four marker orientations: Make to Stock (MTS): the goods usually are standard mat
Question: (a) The purpose of Project Monitoring and Control is to evaluate and provide an understanding of the evolution and progress of a project. This enables measurement of
GBF Group is a leading food and beverage manufacturer with an international presence in over 50 countries worldwide. The group has seven strategic business units (SBUs) and each ha
Question 1: (a) Identify and explain the major roles of a Project Manager with illustrations where necessary. (b) Identify and Explain the different types of Project Organ
Introduction to Risk Management Let us begin with defining Risk. Risk, is an integral part of the business scenario, and can be termed as a potential event that can have opport
What do you mean by fixed costs? Fixed Cost: Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such
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