Project Management Skills:

Many of the tools and techniques for managing projects are specific to project management. However, effective project management requires that the project management team acquire the following three dimensions of project management competencies: Project Management Knowledge Competency: This refers to Read More …

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Project stakeholders

According to the Project Management Institute (PMI), the term project stakeholder refers to, ‗an individual, group, or organization, who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project‘ (Project Read More …

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Characteristics of a project

1. Specific Objectives: The three generic objectives of a project are Time-determined by the schedule of activities Cost-determined by the budget Quality-determined by the specification of customers Projects should meet the requirements/specifications of the stakeholders. Stakeholders include:-beneficiaries, financiers, implementers, victims Read More …

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Importance of Project Management in Organization

Project management is a growing field used increasingly by businesses of all sizes. As entrepreneurs and company executives‘ deal with the daily responsibilities of managing an organization, it is important to use dedicated project managers to oversee projects from conception Read More …

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Best Practices in PPPs

 Common Vision Respect and Commitment Clear roles and responsibilities Expert advice Risk awareness Political support Strong legal and regulatory frameworks Transparency This is the Lack of hidden agendas and conditions, accompanied by the availability of full information required for collaboration, Read More …

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Sliding Scale Regulation

Sliding scale pricing provides a service or product with multiple price points. These price points are set to make the service or product accessible to people with different levels of income, so that financial resources need not be a barrier Read More …

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Price-Cap Regulation

A price cap regulation places a ceiling on the amount companies in a given industry (typically utilities and telecommunications providers) can charge for services. Price cap regulation typically has four tenets: 1. The regulator establishes a set of acceptable prices Read More …

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Rate of Return Regulation Calculation

R= (B x r) + E + d + T R=Revenue Requirement: The amount of revenue the regulated-monopoly requires in order to cover its costs in their entirety B=Rate Base: The amount of capital and assets the regulated-monopoly utilizes in Read More …

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