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What is a project pain curve?
The pain curve tell that proper planning is painful but pays off in less pain later in the project. whereas absence of planning in the start exposing to pain which gradually increases & may reach unbearable levels.
What are the pros and cons of management using the experience curve to determine strategy?
to cut the fat from the fatty and then aloot fattooo
What is earning management?
Project Management involves management of three variables in a project - cost, time and performance (sometimes cited as quality or scope). Conventional managerial models such as Gantt Charts and CPM/PERT Networks consider modelling project in terms of time alone. Earned value management is an attempt to integrate cost and time variables into professional project management. The essence is to represent value (in terms of cost of project) against time of execution as a graph called planned value curve during planning of a project. Thereafter during actual execution, the actual value of work completed is plotted on the requisite intervals of time to get what is called an Earned Value curve. A comparison of earned value and planned value curves along with a similar plot of actual cost versus time, throws considerable light on project delays and cost over-runs. Of course, there are many images and formulae that need to provided to elucidate the concept, but much information of that sort is available on the net. You may prefer to read the wikipedia pages, with this background. Earned Value Management (EVM) is a project control process based on a structured approach to planning, cost collection and performance measurements. It facilitates the integration of project scope, time and cost objectives and the establishment of a baseline plan for performance measurement (schedule, progress and budget). EVM focuses on useful work done and not just on money/time spent. It effectively measures the efficiency of the work in progress and provides an indication of likely out turns by facilitating trend analysis techniques. A by-product of the technique is that to measure progress, tighter controls are usually required and this usually means projects are better managed. Beware EVM requires considerable administrative organisation and effort in order to implement (new/modified processes and computer systems) and the collect the data. EVM takes a holistic view of the project, so over-performance in one area may well hide under-performance in another. In summary the benefits of EVM are that it gives repeatable answers (how well a project is doing, how will it will do, how well it could do and identify areas of under achievement), provides reliable information to aid decision making, provides data for future estimates of similar work and helps the development of standard curves to assist with target setting for future projects. The equations for EVM have not been mentioned, and if readers want to find out more, then they should investigate concepts such as Budgeted Cost of Work Schedule (BCWS), Actual Cost of Work Performed (ACWP), Schedule Performance Index (SPI) and Cost performance Index (CPI) to name but a few.
What is Earned value management?
Project Management involves management of three variables in a project - cost, time and performance (sometimes cited as quality or scope). Conventional managerial models such as Gantt Charts and CPM/PERT Networks consider modelling project in terms of time alone. Earned value management is an attempt to integrate cost and time variables into professional project management. The essence is to represent value (in terms of cost of project) against time of execution as a graph called planned value curve during planning of a project. Thereafter during actual execution, the actual value of work completed is plotted on the requisite intervals of time to get what is called an Earned Value curve. A comparison of earned value and planned value curves along with a similar plot of actual cost versus time, throws considerable light on project delays and cost over-runs. Of course, there are many images and formulae that need to provided to elucidate the concept, but much information of that sort is available on the net. You may prefer to read the wikipedia pages, with this background. Earned Value Management (EVM) is a project control process based on a structured approach to planning, cost collection and performance measurements. It facilitates the integration of project scope, time and cost objectives and the establishment of a baseline plan for performance measurement (schedule, progress and budget). EVM focuses on useful work done and not just on money/time spent. It effectively measures the efficiency of the work in progress and provides an indication of likely out turns by facilitating trend analysis techniques. A by-product of the technique is that to measure progress, tighter controls are usually required and this usually means projects are better managed. Beware EVM requires considerable administrative organisation and effort in order to implement (new/modified processes and computer systems) and the collect the data. EVM takes a holistic view of the project, so over-performance in one area may well hide under-performance in another. In summary the benefits of EVM are that it gives repeatable answers (how well a project is doing, how will it will do, how well it could do and identify areas of under achievement), provides reliable information to aid decision making, provides data for future estimates of similar work and helps the development of standard curves to assist with target setting for future projects. The equations for EVM have not been mentioned, and if readers want to find out more, then they should investigate concepts such as Budgeted Cost of Work Schedule (BCWS), Actual Cost of Work Performed (ACWP), Schedule Performance Index (SPI) and Cost performance Index (CPI) to name but a few.
Role of a team leader in a quality department in bpo?
A team leader role in quality department is very important. The team leader should enhance his team's productivity, and he can judge team members' positive and negative points and help them to bring them on a perfect curve.
What are the influence of marginal rate substitution on indifference curve?
the two difference of curve is radios
What are the pros and cons of management's using the experience curve to determine strategy?
Management's use of an experience curve could help them avoid costly risks. However, repeated actions must be performed in this management style which could push production efforts back.
What is a project pain curve?
The pain curve tell that proper planning is painful but pays off in less pain later in the project. whereas absence of planning in the start exposing to pain which gradually increases & may reach unbearable levels.
How does a production possibilities curve illustrate how efficient an economy is?
A production possibilities curve illustrates how efficient an economy is by indicating the possibly opportunities in the economy. This will also illustrate the relevant costs entailed in the production.
What is it that causes a production possibilities curve to shift outward or inward?
Improvement of management efficiency.
How does earths rotation influence the movement of global winds?
The influence of earths rotation is called the Coriolis effect. The coriolis effect causes wind to curve instead of going in a straight line.
What is the influence of earth's rotation causing winds to travel a long distance to curve?
The Coriolis Effect.
How does the rotation of the earth influence wind?
The influence of earths rotation is called the Coriolis effect. The coriolis effect causes wind to curve instead of going in a straight line.
How does the rotation of the earth influence the global wind?
The influence of earths rotation is called the Coriolis effect. The coriolis effect causes wind to curve instead of going in a straight line.
What Disadvantages are there of using case management software?
Requires a learning curve... can be expensive... no hard copies (unless you print them)
What are the pros and cons of management using the experience curve to determine strategy?
to cut the fat from the fatty and then aloot fattooo
How how does Earth's rotation influence the movement of global winds?
The influence of earths rotation is called the Coriolis effect. The coriolis effect causes wind to curve instead of going in a straight line.
