E2 Exam Dumps : Project and Relationship Management

To ensure that the project is broken down into work packages and a Work Breakdown Structure be produced.

To produce a risk assessment of both internal and external risks that are likely to effect the project, and alternative actions to reduce the risks.

To ensure that the project has a complete sound basis before any major commitment to the project.

To act as a base document against which the project can be managed for progress, change management issues, and ongoing viability issues.

Workloads of managers are reduced with subsequent reduction in stress.

The aspiration through eventual promotion of subordinates who accept delegated duties must be met.

Managers are left free to carry out non-routine tasks while passing on more routine tasks to subordinates.

Training of subordinates is assisted by the delegation of tasks and is thus a very effective method of training.

Effective delegation can be achieved by assigning agreed tasks, specifying performance levels and ensuring they are understood.

Factor conditions: includes the availability of raw materials and suitable infrastructure.

Firm strategy, structure and rivalry: if the home market is very competitive, a company is more likely to be world class.

Demand conditions: the goods and services have to be demanded internationally.

Related and supporting industries: these allow easy access to components and knowledge sharing.