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Explain the WBS or CBS budgeting planning in project. Throughout a project, financial control can be accomplished by actual expenses being tracked against every budget assigned
Question: As a newly appointed rector of your school, you have received many complaints from students .It is your aim to " democratise quality ", that is to make quality contro
Question: (a) An internal audit program (or schedule ) is prepared taking into consideration ‘the status and importance of the various processes and areas.' With reference to
Tools and Techniques of Layout Planning - Templates Templates are most commonly employed when preparing layouts. Templates are two dimensional (2D) or block templates consist
Project process cycle Any project professionally planned will target specified goals within the framework of time with available resources. The project passes through the foll
What type of symbols used to create a network diagram? Symbols used to create a network diagram are as illustrated: An arrow is utilized to represent each activity or even
Usage of RBS Once an organisation defines a Risk Breakdown Structure (RBS), then it can be used in a number of ways. These RBS is relevant across the project and helps in the
P hases of value engineering process I nvestigation phase: This phase investigates the background information, the technical input reports, the field data, the functiona
Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
After collecting random data located on a text file, we tested our model to see the appropriateness of the data collected. We tried more than one method and ended up using the fit-
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