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Project Management Functions Let us now discuss the project management functions. Project management process consists of five core functions to utilise resources to accomplish
Q. What is a project? The term project appears to be a buzzword that means a lot of different things to different people. Anything for instance from a secretary's "project" to
To assesses the quality of the raw materials semi finished goods and finished products at various stages of production process. To see whether the product conforms to the predet
Explain about the privatisation of public sector undertakings. The privatisation of public sector undertakings : After independence India opted for mixed economy. The priv
Types of Accident Accident are of different types. They may be classified as major and minor ones, depending upon the severity of the injury. An accident which end
Question: A sewer line is to be connected to a school. This work will be carried out in a 2.4 meters deep excavation and will be routed through the playground, which was once
How to initiate a project
What is delegation of authority? Delegation: There is a restriction to what an individual can do single-handed. After a point, another person working within the organisat
Question: (a) Explain the typical contents of the project selection rationale document, drafted at the end of the conception phase. (b) (i) Describe the purpose and objecti
Net Present Value (NPV) analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflow and outflow to the
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