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Wednesday, 22 February 2012

Focusing On Proper Retail Project Management

By Rosalinda Skinner


This involves identifying management strategies to use in running a project. Cost, human resource, time, and quality are the factors considered in retail project management. Structuring the process helps in budgeting and in ensuring all the tasks are performed.

Human resource refers to the application of human capital in a development, and; therefore, affects the cost during budgeting. The manager should ensure that all resources are highly utilized and, there is no labor wastage. This is essential because the manager known the tasks that need less work force and those that need more effort. With this known, the undertaking becomes easier and more effective.

Human resource refers to human capital used in a venture. The overseer should be concerned to ensure that there is no labor wastage, It is also noteworthy as the manager knows which activities need more work force and those that require reduction in the work force.

The manager should keep reviewing the quality of work produced as the tasks progress. If the value of work is not checked during the processing, then the quality of job may be compromised. The supervisor should set up ways to check the quality of work at different stages of a job; this could be by observation, walk through and testing. It is, therefore, extremely essential to ensure that eminence is checked at every stage of the scheme.

The director should constantly check the cost to date against the budget. Cost is particularly crucial in any venture and thus the task supervisor should ensure that the costs incurred to d ate match with the projected costs.

Supervisors should also be keen as other costs not relevant to the development may come up, and this may affect the funding of the assignments.




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