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Q.

What is Project Management? How is the scope of this?

Tags: careers, real estate, management
Asked by hitler, 17 Apr '10 08:17 pm
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Answers (2)

 
1.

Hi,

Project management is the art of managing the project. The scope of project manager is very good. For each and every project in the world, it will be managed by a project manager. You can find more details abt the same in www.pmi.org.
Answered by jayachandran r, 17 Apr '10 10:17 pm

 
  
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2.

In the areas in which technology advances fastest, new products and new materials are required in a constant flow, but there are many industries in which the rate of change is gentle. Although ships, automobiles, telephones, and television receivers have changed over the last quarter of a century, the changes have not been spectacular. Nevertheless, a manufacturer who used methods even 10 years old could not survive in these businesses. The task of R and D laboratories working in these areas is to keep every facet of the production process under review and to maintain a steady stream of improvements. Although each in itself may be trivial, the total effect is many times as large as the margin between success and failure in a competitive situation.

These efforts to improve existing products and processes have been formalized under the titles of value engineering and cost-benefit analysis.

In value engineering every complete product and every component have their primary function descr ...more
Answered by KARTIKAY SHARMA, 17 Apr '10 08:36 pm

 
  
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