Question: (a) In what way the project time can be reduced under limited resources? State three ways by which the project cost can be reduced? (b)

(a) In what way the project time can be reduced

(a) In what way the project time can be reduced under limited resources? State three ways by which the project cost can be reduced? (b) A software company won a contract for the computerization of process in a chemical industry for Rs. 5 laes for a period of 18 months. The project team was working closely with the process engineers, developed various modules. The top management of the chemical industry was not fully satisfied with the work and kept on demanding more features and reports. The project got delayed by a year and the software company was also demanding extra amount for the add-ons. The top management of chemical industry decided to close the project. What type of closure it is and how the closure could have been avoided? (c) What are the similarities and differences in culture of India and U.S. [3+3+3 -9

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