Question

1. What is an example where introducing more staff to a project could extend the project, rather than shorten it and the technology industry was mentioned as being a field where time is extremely important, what is another industry that relies on speed to remain in the competition? in 300 words or more

Answer 1

Answers:

I. An example where introducing more staff to a project could extend the project is:

Information Technology Industry

IT Industry is the industry in which when more staff to a project is added, it can lead to extension of the project. Because, when a software is made or developed. And, later if it goes for quality testing which leads to more time and efforts, and eventually leads to extension of project time lines.

However, if a software development project is kept till the first phase keeping the quality of the product intact. And, not sending the software for quality testing. It leads to delivering the project within the prescribed time line.

II. What is another industry that relies on speed to remain in the competition?

Manufacturing Industry – Example: Mobile Phones Manufacturing Industry.

Speed and time to remain in the competition:

Mobile phone manufacturing industry always has a challenge to stay in speed and delivering the latest model in the market on time, before any other competitor.

Growth in Technology of mobile phones:

Due to the continuous change and evolution in the technology of mobiles phone models. The mobile phone industry is competing in the market with the change in generation.

For example:

a. I-phone Mobile phone models;

b. Samsung Mobile phone models;

c. Oppo Mobile phone models, etc.

The reasons behind continuous evolution in Mobile phone industry are:

a. Changing technology and speed in the market.

b. New features in new mobile phones.

c. New size and weight of the mobile phones.

d. Updated cost structure.