Advantages Of Non Numeric Selection Models

5) Uniqueness: Project management is used when a new goal that has not been tried before is taken on. The development of the moon rover in the Apollo Program is an example of this type of uniqueness. Project should not be used for normal business operations such as cutting payroll checks.

Functional requirements must address the quality characteristic of functionality while the other qualities of the characteristics should be concerned with other kinds of non-functional requirements. Applied Software Project Management states,

In current scenario mainly the following types of models are in use to select project which will fit to the organization strategy

Since the inception of domestication approximately 10000 years ago, humans have been selectively breeding animals so that only their desirable traits remain, a process called artificial selection. Through artificial selection we have been creating species that perform tasks more efficiently and effectively, and serve our needs in a multitude of ways. Furthermore, the benefits of artificial selection are remarkably similar to genetically modified animals in many key ways. The increase in resilience, pharmaceutical benefits, and productivity are just a few of the many significant reasons why genetically modified animals should be supported and accepted in our world today.

1. Use of TQM, phase gate model and project management tools ( WBS, Critical path analysis, 3-point estimation and earned value analysis).

Although scientist are not sure of potential harm such as that can emerge from GMOs and GMFs, we must be precautious and find a solution in order to reduce the potential danger that can come. The difference between genetic enhancement and artificial selection is that when you genetically enhance something, it enhances that specific gene or makes it strong. Whereas artificial selection is when you breed two certain organisms to develop a specific trait, so both are somewhat of similar but artificial selection breeds two organisms to get the trait while genetic enhancement enhances the trait that is already there. How you do that is that scientist insert a gene from another organism into the organism. People still debate about GMOs because as I mentioned before can potentially cause cancer and other reproductive harm but it's still only potentially and with the crisis of sustainably feeding people, to reduce the rates of food insecurity, we still debate about the topic today.

The simulation is useful because it evaluates project performance using real criteria, such as the scope, schedule and

In this paper the word ‘project” is defined, discussed and elaborated on. The phases of a project lifecycle and its purpose are to be discussed, and how it is important for organizations to use project management to accomplish tasks will in conclusion be discussed thoroughly. The indisputable word ‘Project” may be defined in numerous unusual ways, some can all have the same meaning and others can mislead a reader. The definition that accurately explains what a project is, comes from the Houghton Mifflin Company (2009) website stating; “something that is contemplated, devised, or planned; plan; scheme.” A definition that can mislead a reader is this definition from the same website just two paragraphs

According to the simulation, “All projects that an organization undertakes are linked to the organization’s strategic plan. This entails the development of a process by which projects are selected based on their relevance to the strategic plan” (Wideman, 1999). This of course is much easier said then done. However after completing the first step of the project by insuring that the project is necessary and pertains to the organizational mission

Regression models are very useful in determination of important statistics in the corporate world. For instance, multiple regression models can be used to determine whether advertising, product loyalty, or price is the most important determinant of business growth. With this information, businesses are able to focus their resources into the channels which will help them achieve their targets effectively. It can also be used to calculate the predicted mileage for a vehicle with respect to different possible variables such as weight of vehicle, age of vehicle, and climate of country. Car manufacturers can capitalize on

Within the project-based organizations is developed throughout the completion of projects. Between the non-project based organizations, the other areas of the project are completed

To facilitate effective and accurate analysis including cost and construction scheduling. This would be done by using information extracted directly from models and created

A project is the temporary endeavour undertaken to create a unique product or service. The elements of projects are: complex and one-time processes; limited by budget; schedules and resources; developed to resolve a clear goal or set of goals; and customer focussed. Project management the application of processes, methods, knowledge, skills and experience to achieve the project objectives. Tom Peters an American business management writer states a “Projects, rather than repetitive tasks, are now the basis for most value-added in business” (Peters, 1991, p. 1).

Several adaptations to the traditional approaches like agile, interactive, phased, extreme, etc have been made but each will be expected to meet the requirements of the project objectives, timeline, resources, and deliveries of the stakeholders. Other industry standard certifications like ISO9000 and regulations like the Sarbanes-Oxley have also influenced methodologies and processes used by several organisations (Kerzner, 2003). Generally, managing projects should involved five major process which include the project initiation, planning, execution, monitoring and controlling, and then project closing. See Fig. 2 below.

In order to achieve their business objective, project management and the used methodology are key factor which will be responsible for the success or failure of this project.