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Question:
(a) Risk has always been an intrinsic part of project management. With increasing market competition, technology, and globalization, risk management is continuously gaining wider acceptance and importance and has become compulsory for project success. Discuss the main components that are likely to be included in the risk management system.
(b) Explain the integration of the Work Breakdown Structure and the Organizational Structure in projects.
(c) "Allocating extra resources to a project that cannot be completed on target, allows it to catch up with its project schedule". Discuss this statement.
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What is Buffering in risk management? Buffering: Buffering or slack is the allowance of additional cost, resources or time for example ‘just in case’ specific events or r
Disadvantages of Product Layout - Heavy capital Expenditure This layout requires heavy capital investment in machines and equipment and for providing specialized facilities to
Policy requirements The following are the policy requirements: A c countability for projects: For adequate definition and responsible implementation of projects the
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
Hi dear my presentation is ready I need to do my Business Plan on it for 2500 words.. can u do it please
Layout Planning and Analysis Designing and installing a layout for the first time and subsequent revision may be looked after by the. Engineering or planning department. Not i
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QUESTION a) Project management activities are carried out in a planned manner. List the distinguishing characteristics of a project? b) During project management meetings, t
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