Project Management Office Project management office: An office to deal with multiple projects and charged with improving the projects and charged with improving the project management maturity and…
Advantages of Empowerment for Project Teams Advantages of empowerment for project teams: The adoption of such methods empowers the team (as well as its individual members) to take responsibility and to…
Pros and Cons of Housing a Project in Functional Form Pros or Advantages of housing a project in a functional form: The major advantages of housing a project in a functional form are given below…
Matrix Organization System of Project Organization Matrix Organization System of Project Organization Large or small, every organization should operate with a defined organizational structure. A well thought out and strategic business…
Pure Organizational System of Project Organization Pure Organizational System of Project Organization Large or small, every organization should operate with a defined organizational structure. A well thought out and strategic business…
Functional Organizational Structure of Project Organization Functional Organizational Structure of Project Organization Large or small, every organization should operate with a defined organizational structure. A well thought out and strategic business…
Shadow Pricing Shadow Pricing Where price does not reflect the actual value of a good or commodity, or no market value for a good or commodity exists,…
Internal Rate of Return (IRR) The internal rate of return, or IRR, is one of the most popular methods of evaluating potential projects. The discount rate often used in capital…
Net Present Value (NPV) Net Present Value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows. NPV is used in…
Payback Period Payback period (PBP) is the number of years it takes for a company to recover its original investment in a project when net cash flow…