You are looking for some investors for your new project, and there is an excellent chance to present your ideas. You heard that a world-renowned businessman – Mr. Smith from Great Britain in Europe – is going to visit your city. He is known for his rich investments all over the world. Therefore, you decide to meet him and check whether he could also be your investor. Your assistant arranges an appointment. Mr. Smith agrees to meet you and informs you that he will be accompanied by a person who knows well the topic you want to talk about – Professor Jones. You are about to organize this business meeting at your office. You know Mr. Smith will come together with Professor Jones, so you decide to ask one of your most experienced employees to join the meeting and share some advice. And you also have this new guy in your company, he works here only for a month now, but he looks like he knows what he's doing. You might also need his opinion during this meeting. And your assistant – no one takes notes as accurately as she does, she also has to be there. Moreover, there it's time for the meeting. There they come, Mr. Smith looks exactly like you imagined him, but Professor Jones appears to be a woman. After a few words of greetings, both guests hand you're their business cards. Then you all shall sit at the table. After a short, small-talk, you can finally do your business. Seat your guest at the table. What will be the order of seating? Where should each person be seated?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
You are looking for some investors for your new project, and there is an excellent chance to present your ideas. You heard that a world-renowned businessman – Mr. Smith from Great Britain in Europe – is going to visit your city. He is known for his rich investments all over the world. Therefore, you decide to meet him and check whether he could also be your investor. Your assistant arranges an appointment. Mr. Smith agrees to meet you and informs you that he will be accompanied by a person who knows well the topic you want to talk about – Professor Jones. You are about to organize this business meeting at your office. You know Mr. Smith will come together with Professor Jones, so you decide to ask one of your most experienced employees to join the meeting and share some advice. And you also have this new guy in your company, he works here only for a month now, but he looks like he knows what he's doing. You might also need his opinion during this meeting. And your assistant – no one takes notes as accurately as she does, she also has to be there. Moreover, there it's time for the meeting. There they come, Mr. Smith looks exactly like you imagined him, but Professor Jones appears to be a woman. After a few words of greetings, both guests hand you're their business cards. Then you all shall sit at the table. After a short, small-talk, you can finally do your business.
Seat your guest at the table. What will be the order of seating? Where should each person be seated?
Trending now
This is a popular solution!
Step by step
Solved in 6 steps with 2 images
