Thursday, May 16, 2019
Jubilee Line Extension Project Management Assignment
Jubilee duct Extension Project Management - Assignment ExampleThere are certain principles of project attention that are significantly applicable in the current project. These include the commitment principle and the success principle, wherein all stakeholders of the project should have the commitment for the successful completion of the project. Another principle of project management includes outline principle, wherein planning is considered as the most important and primary step. Moreover, thread off principle of project management is considered as the combination of both commitment principle and success principle. Another principle includes the control principle, wherein the acme importance provided to the policies and procedures of the project. Single point responsibility is a common phenomenon in most of the projects in which an undivided is responsible for every aspect of the project. Furthermore, another principle of project management is the cultural environment princ iple. In this regard, planning of projects, execution and others are aligned with the community environment and environment law.Determination of the viability of a project is extremely important. This is because it assesses the success of the project. Moreover, it also determines the worth of investment made towards completing the project within a special(prenominal) period. This assessment of the performance of s project is evaluated through two techniques. These include Net Present respect (NPV) and the Return on Investment (ROI). The NPV value for project A is calculated as ( 108,952.31).
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