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Overview:
When a person organizes a simple activity like seeing a movie with friends, he or she probably doesn't bother writing out the steps. One can just call their friends, pick a movie, get tickets, and buy popcorn without a formal plan. However, for more complex projects - like preparing the income tax return or launching a new product line - identifying the work involved is key to planning how and when to get it done. For example, missing the April 15 deadline can cost one hundreds of dollars in penalties. That new product may make a profit only if one keeps costs below $100,000 and get it on the shelves before Thanksgiving. At such times, cost, delivery dates, and other objectives are important.
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| Format: | Size: | 3,031 KB | |
| Date: | Aug 2007 | ||
| Pages: | 27 |
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