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Thursday, September 29, 2011

Project planning and control

Project operations are engaged in complex, often large scale, activities with a defined beginning and end.  The methods applied by engineers and planners who worked in complex defence and construction projects have been applied to projects as diverse as new product launches.  Large scale undertakings consume a relatively large amount of resources, take a long time to complete and involve interactions between different parts of an organization.  To plan and control a project, a company needs to formulate a model which describes the project’s complexity and project it forward in time to ensure that the project will achieve this.

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