Project management is designed to make effective and efficient use of resources. Most companies that adopt project

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Project management is designed to make effective and efficient use of resources. Most companies that adopt project management find it easier to underemploy and schedule overtime than to overemploy and either lay people off or drive up the overhead rate. A major electrical equipment manufacturer contends that with proper utilization of the project management concept, the majority of the employees who leave the company through either termination or retirement do not have to be replaced. Is this rationale reasonable?

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