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What are the conditions of risk occurrence in project? Within a project environment there is all the time a risk or chance which adverse conditions arise, which could reason of
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
P roject organisation In this type of organisation, the project management needs of all divisions of the company are served by a centralized separate division of skilled manag
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
Illustrate the examples of Work and Cost breakdown structure, which can aid budgeting planning? Illustrations of how WBS or CBS can aid budgeting planning: • Staff hours for
How can management get more number of goods? Management can get more number of goods (output) though the similar amount of resources input as given below: • Through reducing
Differences between wbs and product breakdown structure, Project Management
Question 1: (a) What are the principal stages of a project life cycle? (b) Describe fully the steps involved in the project planning process. Question 2: "Effective
Specification is an important quality document for the product because it is here that quality fo the product as a whole is defined in precise technical terms. Although the use
Computerized Relative Allocation of Facilities Technique (CRAFT): The previous difficulty can now be alleviated because of the availability of computer software packages like
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