Discuss the elements of project management.

What will be an ideal response?


Project management is a subset of the management discipline. It focuses on the management of several projects as separate entities rather than the whole business picture. In construction, these projects are also the profit centers for the company. Project management is also used in other types of businesses for a variety of purposes, such as the development of new products. Whatever the goals of the project, the project is managed by a key group of individuals focused on the project goals.

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The bearing course, whether it is brick or concrete block, is the last course of the wall that is laid.

Answer the following statement true (T) or false (F)

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Which of the following terms describes the amount of heat energy in a fuel?

A. calorific value B. cetane number C. fire point D. volatility

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Which of the following statements is NOT true?

A) If a mechanically operated industrial switch is used the trigger point can not be changed. B) Mechanically operated industrial switches are changed by a process parameter. C) Mechanically operated industrial switches are automatically opened or closed when a predetermined process set point is reached. D) All of the above are true.

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For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 10% per year.


What will be an ideal response?

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