This chapter begins with the following quote from the famous Chinese philosopher Lao Tsu: If you do
Question:
This chapter begins with the following quote from the famous Chinese philosopher Lao Tsu:
If you do not change direction, you may end up where you are heading.
a. What did he mean by this quote, and how is it applicable to project management?
b. How will you know when it is time to change direction in managing a project?
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a The quote from Lao Tsu If you do not change direction you may end up where you are heading emphasizes the idea that without deliberate changes or co...View the full answer
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my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
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Related Book For
Megaproject Management Lessons On Risk And Project Management From The Big Dig
ISBN: 9781118115473
1st Edition
Authors: Virginia A. Greiman
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