Questions

Value added is determined by the difference between the price of product or service and the cost of producing it.

Added Value = Price that the product or service is sold at - cost of producing the product.

I. Inputs

• Preliminary project scope statement


• Project management processes


• Enterprise environmental factors


• Organizational process assets

II. Tools and Techniques

• Project management methodology


• Project management information system


• Expert Judgment

III. Outputs

• Project management plan

Human Resource Planning - Identifying and documenting Project roles, responsibilities, and reporting relationships, as well as creating the staffing management plan.

Acquire Project Team - Obtaining the human resources needed to complete the project

Develop Project Team - Improving the competencies and interaction of team members to enhance project performance.

Manage Project Team - Tracking team member performance, providing feedback, resolving issues, and coordinating changes to enhance project performance.

Absolute path-- Exact path from root directory.

Relative path-- Relative to the current path.

A situation, where several processes access and manipulate the same data concurrently and the outcome of the execution depends on the particular order in which the access takes place, is called race condition. To guard against the race condition we need to ensure that only one process at a time can be manipulating the same data. The technique we use for this is called process synchronization.