The words “effective” and “efficient” or “effectiveness” and “efficiency” are essentially the same as far as general usage is concerned. However, because context is also […]
Category Archives: Topics
Three Types of Cost Estimation in Projects
Projects and other undertakings require cost estimation to determine their resource requirements. These estimates are not definitive. Their accuracy depends on the project stage in […]
Project vs Program vs Portfolio Management
The field of project management has significantly evolved and expanded since its modern inception in the 1950s. The emergence of related but different fields of […]
The Difference Between Costing and Valuation
There are costs attached to producing and delivering goods or services, planning and executing projects and programs, or pursuing any other economic and business activities […]
The Difference Between Strategy and Tactic
Primary definitions from dictionaries suggest that there is little difference between strategy and tactic. Thus, these two words have been used interchangeably. However, there are those […]
Closed-Source AI: Advantages and Disadvantages
The artificial intelligence strategies of companies such as OpenAI, Meta Platforms, Nvidia Corporation, and Google are based on developing closed-source AI tools and models with […]
Open-Source AI: Advantages and Disadvantages
The increasing popularity of open-source AI tools and models stems from an emerging clamor about the need to democratize access to artificial intelligence technologies and […]
The Chip Strategy of Apple
Apple has expanded its capabilities beyond the designing and manufacturing of consumer electronic devices, developing software applications, and distributing or publishing digital content. It has […]
Advantages and Disadvantages of Evernote
Evernote has labeled itself as the best note-taking app in the world. There is a valid point behind this bold marketing claim. This note-taking and […]
The Business Strategy of Nvidia Corporation
Nvidia Corporation was founded on 5 April 1993 with the goal of changing the computer industry. Founders Jensen Huang, Chris Malachowsky, and Curtis Priem believed […]