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Multiplicity of processes available for a job the selection of an appropriate process is not an easy matter. Choosing a process with over capability is as bad as choosing one with under capability because an over capable process will generally be more expensive and will needlessly increase the production cost. On the other hand a process with less than required capability will not meet the quality requirement and may lead to excessive rejection and rework which again will attract additional cost. Therefore from teh economic considerations we must select process whose capability matches the quality requirements of the job.
Budgeted cost of work performed (BCWP), or "earned value" (EV), in project management is the budgeted cost of work that has truly been done in carrying out a scheduled task in a p
Question: (a) What are the checks/actions to be carried out in a project monitoring meeting? (b) What is the rationale behind the concept of "earned value" in project mon
What do you mean by the terms tangible and intangible while applied to costs and benefits? Tangible costs or benefits are those for that a plausible quantitative value can be
outcomes of quality control
Why is it significant that the project team and the users develop and agree a process model for a project? Any project is a cooperative venture among the clients/users and the
Name an approach to systems implementation? Matrix operation.
What do you mean by the term dependency? How can project dependencies be shown for planning reasons? Dependency arises when, for illustration, task or deliverable 'A' should be
Risk Management Responsibilities Each and every person in the project team has a responsibility of performing a particular task and must indulge in risk management process. T
What are the important phases of project management? The six phases of project management: Dividing a project within phases makes this possible to lead this in the best poss
DG Company has made a significant investment in a project to develop a new client management IT system, which when implemented should help give the company a competitive edge. How
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