Tag Archives | Project Management

Cost and Time Overruns of the Projects | Company | Project Management

In this article we will discuss about:- 1. Reasons for Cost and Time Overruns 2. Methods to Avoid Cost and Time Overrun 3. Ways to Overcome 4. Weaknesses. Reasons for Cost and Time Overruns: It is a common problem in execution of the projects that the actual cost on the project would exceed than the estimated cost. Similarly, the project [...]

By |2017-10-09T08:51:44+05:30October 9, 2017|Cost|Comments Off on Cost and Time Overruns of the Projects | Company | Project Management

Linear Programming Problem (LPP): With Solution | Project Management

In this article we will discuss about the formulation of Linear Programming Problem (LPP). Also learn about the methods to find optimal solution of Linear Programming Problem (LPP). Formulation of Linear Programming Problem (LPP): The construction of objective function as well as the constraints is known as formulation of LPP. The following are the basic steps in formulation of LPP: [...]

By |2017-06-03T06:30:11+05:30June 3, 2017|Linear Programming|Comments Off on Linear Programming Problem (LPP): With Solution | Project Management

Essay on Programming | Organisation | Project Management

Read this essay to learn about the top three methods of programming used in an organisation. The methods are:- 1. Integer Programming 2. Non-Linear Programming 3. Dynamic Programming. Essay # 1. Integer Programming: The optimal solution given by Linear Programming methods many times provides fractional values for the variables whereas in reality the nature of the problem may demand these [...]

By |2017-06-03T06:30:11+05:30June 3, 2017|Project Management|Comments Off on Essay on Programming | Organisation | Project Management
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