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Q. How much time should planning take?
Times taken for individual projects differ considerably frequently due to circumstances beyond the project manager's control such as changes in market demand or economic conditions. But studies have shown that good planning for projects in new surroundings takes approximately the same amount of time as that required for implementation. Ten months of conceptual development as well as planning is not unreasonable for a project that will take ten months to construct. On the other side planning for a well arranged plant maintenance shut-down may take several times as long as the shutdown itself.
Thus by the term quality control we mean the process of control where the management tries to conform the quality of the product in accordance with the pre determined stand
Case study – Grand Wines You are an employee of Grand Wines Ltd and project leader of a proposed project to equip each of the company’s 20 sales representatives with a wireless dat
QUESTION (a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. D
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
In response to changing customer demands and strong competition, the new product development team of Z Company has been working on a new product range. However, the process has not
Question 1 For an event manager, organizing an AGM would be a relatively 'dry' affair as the elements of entertainment, decoration and catering are missing in this event (some
Question 1: Describe briefly how the different system/aids are used to ensure smooth working of the production process. Dispatching. Follow up. Inspection. Corre
how to solve this
Disadvantages of FMS Limited ability to adapt to changes in product Substantial preplanning and capital Tooling and fixture requirements
Definitions of management Several definitions of management have been given by different scholars. Mary Follet defined management as "having work done through others." Another
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