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Explain about the term end stage assessment in project management methods.
End stage assessment:
At the end of every stage of a project, the project manager is needed to generate an End-Stage Report for the Project Board. That summarises what has happened throughout the stage, the difficulties and how they have been overcome and requests formal acquiescence to commence the subsequent stage. Therefore, End-Stage Assessments are a significant part the mechanism by that the organisation maintains control over projects and prevents them becoming ‘runaways’.
Define the difference between effort and elapsed time. What is the importance of this difference for project planning purposes? Effort is the whole volume of work included in a
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Advanced Technology, Inc., (ATI) is evaluating a contract proposal calling for it to build and test bearings using a newly patented surface configuration. ATI would receive $1.4 mi
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