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What are the advantages of critical path analysis?
Advantages of critical path analysis (CPA):
a. Classifies interrelationships in between various activities or tasks
b. Resources can be planned and assigned through using this for example staff planning
c. Good communication and it is a planning tool for time management
Describe Reck and Long's purchasing development model. Supply is now accepted as a more fundamental and strategic method when compared to purchasing. Twenty years ago Reck and
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Span of management Span of management refers to the number of subordinates who directly report to one superior. If a manager has too many subordinates then his span is wide and
Review business plan (information can be found on corporate marketing plan) to establish critical dates and initiatives that will require or generate resources in next financial c
1. Inventory and Stores Control : Inventory control is a systematic procedure for ensuring the availability of items necessary to meet the production requirements at o
H i stograms Histograms show a visual summary of the data, which is simple to understand. Raw data is difficult to understand and a pictorial representation helps to understa
Explain the Gantt Charts in risk management. Gantt Charts: By Henry Gantt a time chart devised into 1917s, an American engineer. This chart is a horizontal bar chart ut
S hareholder value Project management initiative brings a renewed interest among the shareholders. The major investors show more interest by becoming active in the organisati
Question 1: a. State the purposes of Malcolm Baldrige Quality Award b. Compare Balridge award criteria with TQM. A Purpose of MBNQA Question 1: What do you meant by qu
MBO process MBO is the process of collaborative goal setting between the manager and his or her subordinates. It assumes that goals are consistent or compatible from the highes
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