As the economies continue to merge globally, fragmented systems can potentially create barriers for a company attempting to penetrate new markets or even maintain current markets in the long run. For instance, a product manufactured in one country may be rejected in another country because of quality and/or environmental “deficiencies” When there is a diversity of management systems, it becomes very difficult to manage them- inefficiency and substandard product can result. (William 1998:39)
Thus, building an integrated management system become necesary for most internatioal enterprese. The concept of an integrated Quality and Environmental Management (QEM) system is a full, single system where quality and environmental …show more content…
Among the internal reasons, the most prominent are cost and defect reduction, efficiency improvement, and environmental/ quality improvement. Examples of external reasons are an interest in improving the corporate image, gaining marketing advantage, adapting to the requirements of customers and other stakeholders (e.g. the government, local communities) and the possibility of entering new markets (Juan & José 2010)
3.3.2. Benefits of IMS
As for the benefits, QMS and EMS can produce them in two complementary ways. They can produce internal benefits through reform of company processes and external benefits in the market. Internal benefits are related to the internal functioning of the organization. Such as:
• An increase in productivity
• Reduction in cost and …show more content…
It is important to get time estimates right for two main reasons:
• Time estimates drive the setting of deadlines for delivery and planning of projects, and hence will impact on other people’s assessment of your reliability and competence as a project manager.
• Time estimates often determine the pricing of contracts and hence the profitability of the contract/project in commercial terms.(Heldman 2011:168-169)
Time estimates are important as inputs into other techniques used to organize and structure all projects. Using good time estimation techniques may reduce large projects to a series of smaller projects (Liz 2008).
3.4.3. Project execute and control
The purpose of project execution and control is to develop the product or service that the project was commissioned to deliver. Project execution and control utilizes all the plans, schedules, procedures and templates that were prepared and anticipated during prior phases (Patel 2008:155).
According to Patel (2008:156-157), five processes are included in this phase, they are:
• Conducting project execution and control kick-off,
• Managing cost/scope/schedule/quality(CSSQ)
• Monitoring and control