Supply chain 9

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Last updated 7:25 PM on 8/1/26
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4 Terms

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Project

scope of work of a given spectation with contrainsts fo cost and time to acheieve a benefit qualifed by numbers or quality

2
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4 steps for a project

define the project → Establish project priorities (Cost, Time, or Quality) → Work breakdown structure → Track project progress

3
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Project priorities

Shown as a triangle with performance at the top and cost and time at the bottom sides. Quality in projects can exsist with pciking two of the three prioirities.

Ex. The cost of a project may be low and fast but the performance/ make of the project will not be a priority

4
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Work breakdown structure

Breaks work items into smallest units. Estimate of needs → people, time , cost