answersLogoWhite

0

What else can I help you with?

Continue Learning about Management

What is the difference between blue field project and green field project?

green field project is the projects that already exist but require expansion


Explain why earned value management is the preferred method for measuring project performance and speculate as to why it is not used more often What are some general rules of thumb for deciding if co?

Firstly, the concept of earned value is not new. It dates back to the industrial age, and the concept of "earned time", which was the basis for Gilbreth's "piecework" incentive systems. Earned Value is based on the principle of "Quantum Meruit" or the "value deserved". Explained simply, the reason Earned Value Management is the only efficient or effective way to measure project performance is very simply because it measures the value of work we actually got for the money that was spent getting it. The concept of EVM, is something each and everyone of us applies each week when we go to the green grocer. Let us use banana's as an example. We look at the bunches of bananas available. We select the bunch that we believe provides us with the best value for our money. We take the chosen bunch of bananas to the check out counter. The green grocer weighs our selection, multiplies by the unit rate, and we pay promptly for what we took. No more- no less. Unfortunately, the concept has been made overly complicated, which is the reason it has not been implemented as widely as it could or should have. If you are interested in learning more, please feel free to email me at pauldgphd@gmail.com. BR, Dr. PDG, www.getpmcertified.com


Why is waste management important?

To keep the surroundings clean to prevent disease. if the surrounding is not clean & green also then people become diseases prone & unhealthy. that's why waste management is so so important


What are the modern process for decision making in business?

"do you know your enemy?" - Green Day


What are project management processes?

Developing a project needs five processes that should be performed to make any project a success. Theses processes or phases include:InitiationPlanningExecutionMonitoringClosingInitiation phase is to create a document highlighting the need for this project, the returns on the investment made on the project as well as its viability.In the planning phase green signal is given to the project planning and the team led by the project manager gets down to the nitty-gritty of each and every aspect of the project such as schedules, tasks, assignments, roles, etc. This leads to the allocation of resources (human, material, and finances).In the execution phase, the implementation is started by assigning tasks to various members and team, overseeing their work, and hauling up the laggards is undertaken.In monitoring phase monitoring and measuring of the project, deadlines, resources, issues, etc takes place. Issues and problems can arise. Managing these challenges and changes smoothly is integral to the proper execution of any project.In the closing phase, all the deliverables associated with the project are keyed in. All loose ends tied up and successful closure of the project based on its outcomes achieved.These are the phases of the Project Management Life Cycle. If you want to manage your projects more efficiently and smoothly then you should go for a project management app.

Related Questions