Open PRAIRIE: Open Public Research Access Institutional Repository and Information Exchange
Abstract
In recent years we have seen significant advances in technology. The present period has often been called the Age of Massive Engineering by many authorities. This high rate of advancement has been initiated and supported by the space race as well as the demands of industry. New technologies provide the backbone for new and complex development projects which in turn end up as management’s responsibility for administration. The importance of time and efficiency in controlling a project is at the top of management’s list. Many times the success of a project depends as much on the time of completion as it does on how well the finished product performs its function. Rapid technology change has decreased profit margins, increased competition, and produced a shorter lifespan for new products. Factors such as this put a big responsibility on management’s role. (see more in text
