Q27 Create a flowchart depicting the steps in planning. Summarize each step. Compare this flowchart to the Decision-Making flowchart. What are the similarities? [2 Marks]
VERY IMPORTANT: DO NOT WRITE THE ANSWER - USE WORD FORMAT.
NO PLAGIARISM IN THE ANSWER
First of all I have prepared a flow chart which depicted various planning steps for a project inventory waiting time reduction in between process and within the process, here, I have prepared SIPOC Flow chart, where every process i have identified in the planning stage of project, that need inputs and suppliers to bring the outcome from process like output and let the same transferred to customers,
Next I have prepared decision making flow chart, which has shown with decision nodes and various alternatives, further we will be able to evaluate the best decision alternatives with knowing the expected monetary value for each alternatives,
the similarities are like we can create a logical system for planning or decision making process, further, it works on step by step process, can reduce spending unnecessary cost on the project, both the flow chart can save our significant time and reduce various wasting time in the planning and decision making stage, further it helps us for effective stakeholder engagement process and effective communication processes, so, for future reference, this flow chart data is highly useful,
Q27 Create a flowchart depicting the steps in planning. Summarize each step. Compare this flowchart to...
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