General Reading I

Project Management

Installation of plant and machinery among others may refer to projects. A project consists of several activities. Some activities may run in parallel, whereas some activities may only start when certain specific operations are over. Innovation efforts may also be planned like a project in certain cases. Utilization of resources becomes an important issue so that the project is completed on time with minimum cost. Bar chart (Figure I.1) is a simple technique for project planning in which various activities are shown with respect to time.

FIGURE I.1 Bar chart.

Activities A, B, C, and D are shown in Figure ...

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