THE IMPACT OF COST ANALYSIS FOR PRODUCT LIFECYCLE MANAGEMENT
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: THE IMPACT OF COST ANALYSIS FOR PRODUCT LIFECYCLE MANAGEMENT
This research examines the impact of cost analysis on product lifecycle management (PLM) in the manufacturing sector in Lagos. The objectives are to assess how cost analysis supports PLM, evaluate its impact on financial performance, and identify the challenges faced. A survey design was employed, with data collected from 250 financial managers and product managers, derived using Taro Yamane's formula. A case study of a leading manufacturing company in Lagos provided detailed insights. The reliability coefficient score was 0.88. Findings indicate that cost analysis significantly enhances PLM by providing detailed cost information and facilitating better decision-making throughout the product lifecycle. However, challenges such as data collection difficulties and compliance issues were noted. Recommendations include providing more training on cost analysis for PLM, simplifying data collection processes, and integrating cost analysis with overall product management practices to enhance organizational performance.
Related Project Materials
THE CONCEPT OF WAR AND PEACE IN ISLAMIC LAW (MAFHUUM AL-HARB WAS-SALAAM FISHSHARI’ATILISLAMIYYAH)
ABSTRACT
This research work significantly examines a very interesting area of Islamic law. It is the portion of the Islamic law which rel...
EFFECT OF SOCRATIC QUESTIONING TECHNIQUE ON ACADEMIC PERFORMANCE OF UPPER BASIC SCIENCE STUDENTS OF DIFFERENT COGNITIVE STYLES
ABSTRACT
This study titled Effect of Socratic Questioning Technique on Academic Performance of Upper Basic Science students of Different...
WESTERN CULTURE AND THE YORUBA ETHICS: A PHILOSOPHICAL ANALYSIS
ABSTRACT
This essay is written in partial fulfillment of the department of Philosophy’s requirement for the award...
THE SOUTH WEST AGITATION AND CLAMOUR FOR NIGERIA’S RESTRUCTURING IN THE FOURTH REPUBLIC
Background of the study
Nigeria's federalism since the pre-independence era has been a cause...
EFFECTS OF COMPUTER BASED INSTRUCTION ON THE LEARNING EFFECTIVENESS OF HEARING IMPAIRED PUPILS
ABSTRACT
This research study was aimed at identifying the impact of Computer Based Instruction on the...
EXPLORING THE INTEGRATION OF AR/VR IN VOCATIONAL TRAINING FOR HEALTHCARE
ABSTRACT: Exploring the integration of Augmented Reality (AR) and Virtual Reality (VR) in vocational training for healthcare is essential for...
THE PROBLEMS AND PROSPECTS OF MARKETING PETROLEUM PRODUCTS IN NIGERIA
ABSTRACT
The study on the problems and prospects of marketing petroleum products in Nigeria seeks to find out what cause...
DESIGN AND CONSTRUCTION OF GRAIN GRINDING MACHINE
Background of the Study
The grinding of grain occurs by the application of mechanical forces that alter the structure of...
THE INFLUENCE OF ONBOARDING PROGRAMS ON RECRUITMENT EFFECTIVENESS
Abstract : THE INFLUENCE OF ONBOARDING PROGRAMS ON RECRUITMENT EFFECTIVENESS
The objective of this study is to investigate the influence...
THE ROLE OF EMPOWERMENT IN EMPLOYEE MOTIVATION
Abstract: THE ROLE OF EMPOWERMENT IN EMPLOYEE MOTIVATION
Objective: This study aims to...
