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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 clean out an old filing cabinet to an engineer's "project" to create a multi-million dollar facility. Even these boundaries have one thing in common that is the application of work or effort to create a new situation or product, where "product" is used in its broadest sense. Therefore a project is able to be any undertaking with a definite starting point and one or more defined objectives the completion of which spell out the end of the project. It must be added that for one reason or another most projects are restricted by limits imposed on resources (equipment, effort and materials) time and money.
Risk type To identify specific problems in your project, you first need to categorise the risks. The project constraints are well-organised in the PERIL database, which are
PROCESS OF DECISON TREE ANALYSIS
DF Company, a relatively new company, is in the business of designing and building farm equipment and machinery. Whilst it has been winning in its first few years of operation, sal
B enefits of quality The benefits of quality in project performance are: C ustomer satisfaction: is the result of a quality product or project. If customers requirem
explain any ten management inervention
What is the conclusion about liberalization? As a conclusion, we can say only that liberalization is superior and desirable but which does not strengthen the case for privatiza
PMP
Quality Measurement Procedure: Quality as a strategic issue implies (i) acceptance of the importance of customer requirements throughout the organization, (ii) the identifica
What are the risk management strategies? Risk management strategies: • Retain the risk (Absorption) as like when the risk is small and won’t influence the project a great de
T, a member of the finance team, has been constantly arriving late to work and in recent months he has consistently made significant errors in his work. A number of colleagues have
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