Projects are composed of process. A process is “a series of action bringing about a result”. Project processes are performed by people and generally fall into one of two major categories: 1. Project management processes are concerned with describing and organizing the work of the project. 2. Product-oriented processes are concerned with specifying and creating the project product. These processes are known as project life cycle. It is important to note that many of the processes within project
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Project Management Leadership is a very important trait and concept is a management‚ and plays a prime role for the managers in the organisation. The managers in each and every organisation are required to exercise this trait in their area of professional development‚ and they must display due professional care in display of leadership role. The managers are entrusted with a dual functionality of representing the staff members in front of management‚ and representing management in front of staff
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COMM 225: Production & Operations Management TOPIC: PROJECT MANAGEMENT – QUESTIONS (To be solved in class) Q1 (Ref: Q. 17-7‚ p658 of textbook): Three recent university graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table. (a) Draw the precedence network. (b) What is the probability that the project can be completed in 24 days or less? In 21 days or less? (c) Suppose that now is the end of the seventh day
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Home assignment-kotler-12th edition- 2nd chapter CHAPTER 2 : DEVELOPING MARKETING STRATEGIES AND PLANS MARKETING DEBATE—What Good Is a Mission Statement? Take a position: Mission statements are critical to a successful marketing organization versus mission statements rarely provide useful marketing value. MY OPINION:Pro: A well-crafted corporate mission statement reflects the values of the firm as they relate to the community at large‚ its stakeholders‚ its employees‚ and its customers. Once the
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Chapter 9: MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 21) From your reading of the Cannondale case study‚ the firm implemented new information systems in order to achieve which of the main six business objectives? A) customer and supplier intimacy B) survival C) competitive advantage D) operational excellence Answer: D Explanation: A) B) C) D) 22) Which of the following
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Communication and Strategy Chapter 2 Communication is the transfer of meaning. I. Defining communication. A. Communication is the transfer of meaning. B. Managers must not confuse communication with simply delivering messages. II. Communication is complex and thus comprised of many elements. A. Every message comes from a sender who encodes its contents. B. The sender selects a medium through which to transmit what she knows or feels. C. The message may be impeded
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HW # 2- Quiz Chapter 2 1.Corporate Financing. How can a small‚ private firm finance its capital investments. Give two or three examples of financing sources. A small‚ private firm can finance its capital investments in financial markets and intermediaries. The intermediaries include hedge funds‚ mutual funds‚ pension funds‚ and financial institutions such as banks and insurance companies. 2.Corporate Financing. Is it possible for an individual to save and invest in a corporations without lending
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are we here to learn Project Management?! ! What’s the big deal? Who cares? What’s in it for ME?! What Is This Course About? ! Project management ! Fundamentals ! Principles‚ theories‚ frameworks ! Hard skills + soft (people) skills ! Starting point for continuous learning and learning by doing ! Appreciating the complexities of PM Upon completion of this course you should be able to … ! Think like a project manager ! Manage the key aspects of a project. ! Understand and demonstrate
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Auditing Chapter 2 and 3 Chapter MC 2 2.26 - 2.29 Q 65‚ 70(I) 2.26) Which of the following categories of principles is most closely related to gathering audit evidence? A. Performance 2.27) Which of the following is not related to ethical requirements of auditors? D. professional judgment 2.28) One of an accounting firm’s basic objectives is to provide professional services that conform to professional standards. Reasonable assurance of the achieving this objective can be obtained by the
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