Discuss how the project manager can evaluate the framework of the project and the project management techniques in order to make sure it is practical and good for the project. What are the characteristics while evaluating it?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Discuss how the project manager can evaluate the framework of the project and the project management techniques in order to make sure it is practical and good for the project. What are the characteristics while evaluating it?

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Step 1

Answer:

Measuring project success and gaining from fizzled projects may have a significant impact on independent enterprises. Organizations that use successful venture management create trust in their staff and customers.

When evaluating a company, it is difficult to make the evaluation fair and finish. To ask different partners, clients to assess each venture, staff administrations and to check the findings with the venture director.

Step 2

The following are the characteristics in evaluation:

Assessing customer commitment and loyalty:

It can be assessed by asking a straightforward questions like “were you happy with the outcome?” When all the outcomes are not completed, it is an indication that there have been wasteful things of business. To help you consider which enhancements to future projects should be made, remind both meetings involved what should have been improved to make the venture successful, and carry out adjustments as essential to future operations.

To assess reception of end-client:

Ask the venture’s end users to find out why they are not unexpectedly using the venture’s implications. If not, inquire what changes are supposed to improve the tests. Decide what recurrence they use the results with.

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