TRUE/FALSE. the design of experiments technique cannot be applied to project management issues such as cost and schedule trade-offs.

Respuesta :

False, as the design of experiments is a method for determining the variables that have the most impact on the final result of a process. The design of experiments can also be used to address project management problems including trade-offs between costs and deadlines.

What is project management?

The process of carrying out specific project goals in line with predetermined parameters while utilising procedures, techniques, skills, knowledge, and experience is known as project management. Final project management deliverables are subject to financial and time restrictions. The project documentation that is prepared at the start of the development phase typically include explanations of this information. Scope, time, and budget-related issues are the three main ones.

What is the main purpose of project management?

In other words, the objective of project management is to design and manage a project in a way that ensures the achievement of its stated goals and deliverables. It calls for budget creation, prudent resource allocation, risk management, and open lines of communication with all relevant teams and stakeholders.

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