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RFQ stands for Request for Quote or Request for Quotation
It is commonly used in Project Procurement Management.
For ex: Let us say you are a builder and I want to construct an house, i will ask you for a quotation wherein you will give me a quote that says how much it would cost me, how much time you would take etc.
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Where could one find courses in project management in the US?
Courses in project management in the United States can be found attended at The Project Management Institute.This school teaches individuals the basics of project management.
Do you like project management institute?
Yes. The PMI (Project Management Institute) is the premier institute that determines Project Management processes and methodologies.
Different parts of a project plan?
Project Planning involves 4 important phases. They are:1. Planning the Project Scope2. Planning the Project Resources3. Planning the Project Schedule4. Planning Quality & Risk ManagementThe Project Management Plan or the Project Plan has many parts. They are:The Scope Management PlanRequirements Management PlanSchedule Management PlanQuality Management PlanRisk Management PlanHuman Resource Management PlanCost Management PlanProcess Improvement Planetc
What is Project Management Institute's population?
Project Management Institute's population is 51.
Importance cost management in a project?
Cost Management is critical to Project Management. A project cannot be initiated with Cost Management not in place, since cost management is about estimating, budgeting, monitoring, and analyzing the cost information.
