Answered: What are the Main obstacles for…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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What are the Main obstacles for construction sector to adopt the internet in managing project

Expert Solution

Step 1

Project management

It is the process of organizing and arranging a company's resources to complete a specified job, event, or obligation. Personnel, funds, technology, and intellectual property are all managed as part of this process, which might be a one-time initiative or a continuous activity. Project management is frequently linked with professions such as engineering and construction and, more recently, healthcare and information technology (IT), all of which involve a complicated collection of components that must be finished and put in a certain order to generate a working result.