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A comprehensive management system based on measurable and participative set objectives.

Step 1- Setting objectives Step 2- Developing action plans Step 3- Periodic review Step 4- Performance appraisal

A carefully planned and organized effort to accomplish a successful project.

A temporary endeavor to achieve a particular aim.

Project management software is a term covering many types of software.

ROLE of PROJECT MANAGERS


IMPLEMENTER ENTREPRENEUR POLITICIAN FRIEND MARKETER COACH

GRAPHICAL PLANNING/SCHEDULING/CONTROL TOOLS

FLOW CHARTS

GANTT CHART
A graphical scheduling technique historically used in productions operations.

PERT
Program Evaluation and Review Technique - a graphical sequencing and scheduling tool for large, complex , and non-routine projects.

Break-Even Analysis
A tool for projecting profits relative to costs and sales volume.

The level of sales at which there is no loss or profit


Factors in calculating the break-even point: -contractual costs that must be paid regardless of the level of output or sales.

cost that vary directly with the firms production and sales.

Algebraic method

Graphical method

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