Sketch the project control cycle and discuss the activities that take place in each step
What will be an ideal response?
The project control cycle consists of setting a goal, measuring progress, comparing actual with planned performance, and taking action and recycling the process. Project goal setting goes beyond overall scope development to include setting the project baseline plan, predicated on an accurate work breakdown structure. Progress measurement should be achieved by a system that allows for ongoing measurement to be focused on what matters, conducted quickly, and in real time. Comparing actual with planned performance is the basis for gap analysis; the smaller the gaps, the more successful the project. Finally, taking action to narrow the gaps between actual and planned performance is considered corrective action in most cases, although a project could be terminated if the gaps are too wide or cannot be closed sufficiently. This process is iterative, so after corrective action is taken, the goal-setting process can begin anew.
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Why is research even more important to public relations practitioners today than it was just a decade ago?
What will be an ideal response?
The costs of activities that detect, measure, evaluate, and inspect products and processes to ensure that they meet customer needs are called ________ costs
a. internal failure b. prevention c. external failure d. appraisal
Bad debt risks are minimized with retailer-generated open credit accounts and revolving credit accounts
Indicate whether the statement is true or false
If either the goods or their tender fails to conform to the contract in any respect, the buyer or lessee must reject all of the goods
Indicate whether the statement is true or false