Project managers use the phrase in much the same way. A project rationale is the strategic compass for a project, describing what the goal of the project is and why you're bothering with it in the first place. Tip The project rationale is the justification for a project or action, ...
"Rationale" is a noun referring to the underlying reason for something; "rational" is an adjective describing logical, reasoned thinking or behavior.
Project Proposal Template & ExampleHow To Create A Project Proposal As a project manager, business development is most likely not one of your areas of responsibility. But, having the opportunity to either review or help craft a project proposal before it goes to a client or customer can help ...
Answer and Explanation:1 The design bid build contract is most suited for a general contract. It aims to separate the design process and construction process. In such... Learn more about this topic: Valid, Void, Voidable & Unenforceable Contracts ...
is a practice that aims to align an organization's strategy and operating model. It outlines how an enterprise should organize and manage to achieve its objectives. As such, EA provides a blueprint to support the transformation of the enterprise—it is a journey and not a one-off project...
Here’s another example of a project management plan executive summary. This one visually highlights key takeaways with big fonts and helpful icons: EDIT THIS PROJECT MANAGEMENT PLAN TEMPLATE In this case, the highlighted facts and figures are particularly easy to scan (which is sure to make ...
Briefly explain how inflation is treated consistently while estimating a project's NPV. What is the rationale for the payback method? Explain how Country risk affect NPV. What is the rationale for the payback method? Explain. Do you see any reason that the IRR should still be in use today ...
One should understand the difference between a proposal and a paper before the writing process begins, as these are different tasks. As its name implies, a proposal is a rationale for research to be approved by an instructor. It should explain the purpose of future projects and what new aspec...
Example: In medical education, a positivist study might involve conducting an experimental research project that tests the effectiveness of a new teaching method by measuring test scores or clinical performance outcomes. The goal is to produce objective, reality-based study results that can be generali...
Interviewee F explains the rationale for investing in oncology drugs: not only is there potentially high demand if the drug is successful, but such investments are likely to receive national and/or local government support (to clinical trials, registration, and commercialisation), and follow on ...