A project is defined set of rules or functions that meet the Assignment

A project is defined set of rules or functions that meet the pre-defined set of objectives - Assignment Example Management refers to control the over all activities or to manage the system with respect to technical skills and philosophy. Management also refers to manage the whole team and get them together and take work from them in timely and friendly manner. Project management means set of rules that are created to manage resources (e.g. people, money) and over all organization. There are different activities that need to manage the project so that one can achieve the goal in time with the feasible money and cost requirement. PMBOK (Project Management Body of Knowledge as defined by the Project Management Institute - PMI):"Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements." PRINCE2 project management methodology: "The planning, monitoring and control of all aspects of the project and the motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality and performance." There is a project for developing the computerize system for a National Bank. The bank has many branches all over the country and wants that one branch can communicate to other branch through the created computerized system. Basically whenever a project is going to be created it is necessary to cover its all features like used requirements, his desire outcomes, they way he wants to see the project, his thinking about project, his cost about creating the system and quality about the project. Then there should be a breakdown process which means to break the large project into sub modules. These sub modules are individual to each other and perform a specific task. This is called work break down (WBS). It also helpful for doing the task, Moreover it help to check the error and bugs into the program. There can be future enhancements or updates also done very well. If the Bank (National Bank) project is divided into sub modules then there will be: Figure: Work break down (WBS) for national Bank After these entire modules division there are some basic procedures that project team needs to create the algorithm about developing the project. Algorithm means step by step procedure to solve any problem. This means how to project can be develop. After creation of algorithm, there must be a pictorial representation of all

Case Marketing Essay Example | Topics and Well Written Essays - 500 words

Case Marketing - Essay Example In most cases, different products are developed on the premise that people with similar interests as well as income levels tend to live in the same areas hence it would be easier to reach them. Hats and caps are perceived differently by different people in the local market. In some cases, they may be perceived as luxury which is a preserve for mainly those who constitute the middle class and the affluent by virtue of their income but just like American popular culture, they are gaining prominence. Benefit segmentation can be used as one variable where One Source Gear can group people on the basis of similar benefits they seek to gain from a product such as low price or quality product. This can be done at the level of educational institutions since they will seek something uniform. Kotler (1999) posits that benefit segmentation deals with characteristics such as personality, attitudes, opinions as well as life styles. Thus, according to Kotler, such segments are indicators though the y may not be perfect, of behaviour such as lifestyle, price sensitivity and brand preference. Another variable that can be used to segment the market by the distributor is occasion segmentation which primarily deals with certain events. This can be done on the level of sporting teams such as soccer or athletics. These are special occasions held during particular periods and the distributors should target such occasions given that they will an impact on the sales made. Another variable that can be utilised when segmenting the market is usage level segmentation which entails grouping people into whether they are heavy, medium, light users or non users of the product. This depends on the level of interests of a particular product by the targeted people in the market. Usually, people with similar usage levels of a particular product display the same behaviour as well as attitude towards it. 2.