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Essay's paper info
Topic: Business
Number of pages / Number of words: 22 / 6149
Essay's paper body

The approach used usually depends upon the level of uncertainty

encountered. Projects with lower levels of uncertainty, typically incremental

innovations, require one sort of planning tool, but breakthroughs, which are fraught with

high degrees of uncertainty on many dimensions, require a different approach...


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(See “Project

Planning Approaches,” p. 57.)

An operating plan is particularly useful in the context of daily operations in which routines

have been utilized many times and outcomes can be predicted with a high degree of certainty.

Mark P. Rice is the Frederic C. Hamilton Professor for Free Enterprise at Babson College...


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