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Explain about the term project initiation document.
A project initiation document (PID) that is project proposal document or charter, is a report to illustrate a business case for a project, detailing the explanation for undertaking, this and for continuation of this. A project initiation document is used to describe the financial and other advantages that the project is expected to deliver. This also details the cost, timescale and other constraints into which the project is needed to operate and against that performance will be estimated.
what are applications of PTS
What do you mean by variable costs? Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are as given below: direct
Reduction in Costs : An efficient quality control system reduces the cost of production of the product due to reduction in wastage of raw materials, semi finished and finished good
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P o w e rful cost reduction The project cost accounting will track the quality-related costs which can be an important management tool. For example, suppose there are some
What do you mean by post completion report? The post completion (PC) report: This report would be created at the closing or finish stage of a project. Post completion rep
Product/Service and Volume Flexibility Ability to respond fast to the customer's needs known as flexibility.Two forms of flexibility are product/ Service and volume flexibilit
Contract process cycle Contract process goes through the following stages to complete the contract documentation cycle: Pre tender documentation stage. Approval
Objectives of ISO 9000 The basic objectives of ISO 9000are : 1. To facilitate international trade of goods and services. 2. To obtain competitiveness by obtaining
How hand wash project works?
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