Johnson Hardware Company was founded in 1855 and is the oldest company in Nebraska. The company is based in Omaha, with branch locations in Lincoln, North Platte, and Grand Island, Nebraska and Dodge Center, Minnesota.
What is a Benefit-Effort-Racit matrix? A Benefit-Effort Racit matrix can be best defined as a graph that first of all details the benefit a potential initiative can bring versus the effort in terms of time and resources required with the addition of a project timeline, including Start and End Dates.
The advantages of a matrix for project management can include: 1  Individuals can be chosen according to the needs of the project.  The use of a project team that is dynamic and able to view problems in a different way as specialists have been brought together in a new environment.