People who are part of the project team need to understand project management because they Multiple Choice Need to understand the project charter or scope statement that defines the objectives and parameters of the project. Work with others to create a schedule and budget. Need to understand project priorities so they can make independent decisions. All of these are reasons it is important for project team members to understand project management. Need to be able to monitor and report project progress.

Answers

Answer 1

Answer:

All of these are reasons it is important for project team members to understand project management.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

The fundamentals of Project Management are considered universal across most businesses and professions.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.

Furthermore, members of the project team need to understand project management because they;

I. Are required to understand the project charter or scope statement that defines the objectives and parameters of the project.

II. Work with other members in the team to create a project schedule and budget.

III. Need to understand the priorities defined by the project manager, so they can make independent and well-informed decisions.

IV. Need to be able to monitor and report the progress of the project as they are being implemented or executed.

Answer 2

Project team needs to understand the project because all of these are reasons which is important for project team members to understand project management.

What is project management?

Project management is the postulation of procedures, methods, acquisitions, knowledge and experience to accomplish particular project objectives according to the criteria of project acceptance within agreed constants.

Project management has final products that are constrained to a finite timescale and budget.

The fundamental principle of Project Management are considered universal across most businesses and professions.

The basics of Project Management includes: Project induction, Project programing, Project executing, Monitoring and powering of the project, Accommodating and closing of project. It is very important that project managers in various organizations and businesses follow the fundamentals in order to successfully achieve their aim for a project.

Moreover, members of the project team need to realise project management because they are required to understand the project scope evidence that defines the objectives and parameters of the project.

Therefore, the option [C] is correct.

Learn more about project management, refer:

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Related Questions

Juan is in a management development program with Cisco, a worldwide leader in information technology, networking, and cyber security solutions. Cisco is a manufacturer known for its routers, switches, and wireless units, but it has seen an increase in revenues related to services such as cloud computing. It's no surprise that services account for _______ percent of the economic output of the United States.

Answers

Answer:

"80" is the appropriate solution.

Explanation:

Cisco would be renowned for some of its gateways, exchanges as well as wireless connectivity, although sales from offerings which including cloud computing increased, their companies will benefit.It would hardly be surprising that fundraising activities about eighty percent of the Overall States' economic activity.

Willingness to pay Group of answer choices measures the value that a buyer places on a good. is the amount a seller actually receives for a good minus the minimum amount the seller is willing to accept. is the maximum amount a buyer is willing to pay minus the minimum amount a seller is willing to accept. is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.

Answers

Answer:

measures the value that a buyer places on a good.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Willingness to pay measures the value that a buyer places on a good or product. Thus, when this value is high, the customer would ultimately buy a product and vice-versa.

3. Hãy nêu quan điểm của Anh (chị) về câu nói sau đây và đưa ra những dẫn chứng cụ thể lien quan đến nghiệp vụ nhân viên Lễ tân để làm cơ sở chứng minh cho qua điểm của mình: "Một dịch vụ tốt có thể bù đắp cho một sản phẩm kém, tuy nhiên một sản phẩm tốt không thể bù đắp cho một dịch vụ kém."

Answers

Answer:

Maybe on hoteljob has but has been deleted T T

Explanation:

explain the importance of an office for the successful functioning of organisation ? (Long question answer)​

Answers

Answer:

An office is a location the management of a business can use for the planning, organization, control, direct, and recruit staffs for a business. An office is the place information records are kept and it is used as the channel through which the business makes communication with other businesses, individuals and the public.

The smooth operations of an organization requires the availability of an office as it is the place the business activities are performed

An office is as important to an organization as the brain is to the body of a living organism

Explanation:

The three steps in the accounting process are identification, recording, and examination. select an option True 2. The accounting process includes the bookkeeping function. select an option True 3. Managerial accounting provides reports to help investors and creditors evaluate a company. select an option True 4. The two most common types of external users are investors and creditors. select an option True 5. Internal users include human resources managers.

Answers

Answer:

1. False

2. True

3. False

4. True

5. True

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Examples of financial statements includes Balance sheet, cash-flow and income statement.

1. False: The three steps in the accounting process are identification, recording, and examination. Actually, the three steps in the accounting process are identification, recording, and communication to the end users such as investors and creditors.

2. True: The accounting process includes the bookkeeping function.

3. False: Managerial accounting provides reports to help investors and creditors evaluate a company. It actually provide reports to the managers of a business firm and as such it is used internally.

4. True: The two most common types of external users are investors and creditors.

5. True: Internal users include human resources managers.

Fixed expenses are $499,000 per month. The company is currently selling 5,000 units per month. The marketing manager would like to cut the selling price by $13 and increase the advertising budget by $33,000 per month. The marketing manager predicts that these two changes would increase monthly sales by 900 units. What should be the overall effect on the company's monthly net operating income of this change

Answers

Answer:

decrease of $8,900

Explanation:

Use the following formula to calculate the net operating income

Net operating income = Sales - Variables cost - Fixed cost

At Current Sales Level

Sales = 5,000 x $160 = $800,000

Variable cost = 5,000 x $48 = $240,000

Fixed cost = $499,000

Placing values in the formula

Net Operaitng Income = $800,000 - $240,000 - $499,000 = $61,000

At Increased Sales level

Sales = 5,900 x ($160-$13) = $867,300

Variable cost = 5,900 x $48 = $283,200

Fixed cost = $532,000

Placing values in the formula

Net Operaitng Income = $867,300 - $283,200 - $532,000 = $52,100

Now calculate the change in net operating income

Change in net operating income = Net operating income at current sales - net operating income at increased sales = $61,000 - $52,100 = $8,900

Hence, Net operating income is decreased by $8,900

Emily is a writer, and uses her tablet computer to write a 500-page novel that she sells to a publishing company for $500,000. If the publisher prints 1 million copies that sell for $25 each, what is the contribution to GDP of Emily's novel

Answers

Answer:

$24,500,000

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

Contribution to GDP =  total revenue of book - cost of selling the book to the publishing company

(25 x 1,000,000) - 500,000 = 24,500,000

The business management department at a local university began posting all assignments and other class materials to a learning management course website instead of creating a packet or printed materials for students to purchase each term. The business management department is implementing a ________ innovation. Group of answer choices product reactive policy breakthrough process

Answers

Answer:

Process

Explanation:

From the question we are informed about The business management department at a local university which began posting all assignments and other class materials to a learning management course website instead of creating a packet or printed materials for students to purchase each term.

In this case, The business management department is implementing a process innovation.

A process innovation can be regarded as implementation of a new production as well as delivery method, it can also be implementation of improved production as well as delivery method. It encompass making a significant changes in techniques as well as the equipment or software that is been used in the production process.

Do you think it would be ethical for a CPA to have someone else do for them what they are prohibited from doing by the AICPA Code of Professional Conduct?

Answers

Answer:

The description of the given question is described in the below section.

Explanation:

CPA is responsible for raising its opinion against another unethical conduct. An individual can't bear his/her responsibilities by enabling staff to act unethically besides stating that it is not a contribution to knowledge.Whether this is damaging to certain other persons as well as the organization stakeholder, this same CPA should take appropriate harsh measures against these employees.

The global environment affects all of the other environmental influences such as the economic, legal, and social environments because _____. Multiple choice question. the increase in free trade among nations and technological changes have created globalization and decreased competition economies are reducing their interactions with one another to reduce debt the increase in free trade among nations and technological changes have created globalization and increased competition it provides a smaller technical base for those who want to communicate more often

Answers

Answer:

the increase in free trade among nations and technological changes have created globalization and increased competition.

Explanation:

The global environment impacts the other environment like economic, legal and social as there should be rise in the free trade that should be between the nations also there is a technological changes that developed the globalization due to which the competition should be increased

therefore the above statement is correct

Many organizations will apply for temporary permits that allow which of the following activities?
Sell alcohol to members in a private club.
Promote and enhance the sale of an alcoholic beverage on behalf of a brewer or winery.
. Offer in-store wine and beer samples.
• •
Sell alcohol at locations where beverages are not usually sold for on-premise consumption.

Answers

The correct answer is "Sell alcohol at locations where beverages are not usually sold for on-premise consumption."

Many organizations will apply for temporary permits that allow selling alcohol at locations where beverages are not usually sold for on-premise consumption.

This usually happens when the organization is having a special event in the company, a celebration, or any activity in which they are gathering many people. As part of their activities and options to entertain the guests, this company wants to sell alcoholic beverages because it is a good way to get some money.

So this could be special celebrations, tournaments, sports contests, festivals, expos & fairs, and some other event of a certain magnitude.

Bogart Company is considering two alternatives. Alternative A will have revenues of $160,000 and costs of $100,000. Alternative B will have revenues of $180,000 and costs of $125,000. Compare Alternative A to Alternative B showing incremental revenues, costs, and net income. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Answers

Explanation:

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Explanation:

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Investigar:
¿Qué es la factura?
¿Qué es la Nota de venta?
¿En que momento se usa la factura?
¿En que momento se usa la nota de venta?
¿Por qué el bazar del barrio no da factura ni nota de venta?
CONVERSE CON EL SEÑOR DEL BAZAR DE SU BARRIO PARA CONOCER QUE DOCUMENTOS DEBE TENER PARA QUE EL FUNCIONAMIENTO DE SU NEGOCIO SEA LEGAL Y CORRECTO

Answers

La respuesta correcta para esta pregunta abierta es la siguiente.

Desafortunadamente, no especificas a qué país te refieres, ya que cada país tiene un régimen fiscal distinto, y los comercios están obligados a declarar impuestos de acuerdo a la legislación vigente en cada país.

Para poder responder a tus preguntas, lo haremos en términos generales ya que no mencionas cuál es tu país.

¿Qué es la factura?

La factura es el comprobante oficial al que obliga el gobierno, a través de la Secretaría de Hacienda y el Servicio de Administración Tributaria (SAT).  La factura es el comprobante oficial que respalda la compra-venta de un artículo, producto o servicio, y donde se demuestra que se cobro el impuesto por la adquisición de la mercancía.

¿Qué es la Nota de venta?

La nota de venta es un comprobante de control interno que no tiene validez oficial para comprobar el consumo y el cargo del impuesto. La nota de venta sólo la ampara el mismo negocio que la elaboró, el sistema de administración tributario.

¿En que momento se usa la factura?

La factura se usa cuando se requiere elaborar un comprobante oficial que posteriormente pueda ser usado en la declaración mensual de impuestos o en la declaración anual, para que se puedan deducir los impuestos retenidos.

¿En que momento se usa la nota de venta?

Cuando sólo se quiere entregar un comprobante de compra, sin aplicar el impuesto al valor agregado.

¿Por qué el bazar del barrio no da factura ni nota de venta?

Porque probablemente es un pequeño comercio, y no está obligado a facturar. Sólo a dar comprobantes. Los pequeños comercios tributan o pagan impuestos de manera diferente. Son considerados  pequeños contribuyentes y por lo regular se les asigna una cuota fija, siempre y cuando no rebasen una cantidad establecida por la autoridad hacendaria.

Platicando con el dueño de la papelería del barrio, él me comenta que el municipio sólo le pido una licencia de uso de suelo para que pueda operar su negocio. Esa licencia de funcionamiento tiene un costo único que debe ser renovad anualmente. El es pequeño comerciante y debe pagar una cuota fija de manera trimestral.

what factors affect the process of planning?​

Answers

Answer:

Answer to the following question is as follows;

Explanation:

Several factors also influence the sort of planning application that must submit as well as the result of our planning permission.

Nature, animals, and biodiversity, as well as planning permission policies , Regulations, construction, and so on Statement of design, statement of design and accessibility, statement of design, statement of design, statement of design Environment Healthcare, Ecology

A factory machine was purchased for $375,000 on January 1, 2015. It was estimated that it would have a $75,000 salvage value at the end of its 5-year useful life. It was also estimated that the machine would be run 40,000 hours in the 5 years. The company ran the machine for 4,000 actual hours in 2015. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2015 would be

Answers

Answer:

the  depreciation expense for the year 2015 is $30,000

Explanation:

The computation of the depreciation expense for the year 2015 is shown below:

Depreciation Expense is

= Cost - salvage value

= $375,000 - $75,000

= $300,000

Now  

Depreciation Expense for 2015 is

= (Actual hours in 2021 ÷ Total hours)  Depreciation

= (4,000 ÷ 40,000) × $300,000

= $30,000

Hence, the  depreciation expense for the year 2015 is $30,000

nternal control systems are: Multiple Choice Developed by the Internal Revenue Service for all U.S. companies. Developed by the Securities and Exchange Commission for public companies. Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company). Developed by the Small Business Administration for non-public companies. Required only if a company plans to engage in interstate commerce.

Answers

Answer:

Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company).

Explanation:

Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.

The purpose of internal controls is that companies use strong internal controls to guarantee that loss is eliminated as there's an accurate and reliable accounting system.

Basically, an internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency.

Internal control systems are required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company).

a family farm that has been passes down from generation to generation is an example of an event in a

command economic system
traditional economic system
mixed-market economic system
pure market economic system

Answers

Answer:

Traditional economic system

Explanation:

It is being passed down from generation to generation

ABC Corporation owns a factory. They are selling the factory to Amalgamated Corp. The lawyer for ABC Corporation writes the deed with all of the required elements, and it is signed by Bill Smith. Bill is the president of ABC Corporation, but it doesn't say so on the deed, nor is there a corporate seal. Is this a valid real estate transaction

Answers

Answer:

Likely not. There is no indication that Bill Smith had the authority or capacity to sign on the corporation's behalf.

Explanation:

Since in the situation it is mentioned that there is no corporate seal on the deed neither it is to be said so this is not a valid real estate transaction as there is no signal that bill smith have an authority or the capacity for signing on the behalf of the corporation

So the above statement represent an answer

The plaintiff is a State A corporation that entered into a contract with the defendant under which the defendant agreed to manufacture and sell equipment to the plaintiff. The equipment is heavily regulated by the federal government. The plaintiff plans to sue the defendant for $1 million because the equipment does not conform to the contract specifications and does not operate properly. The defendant is incorporated in State B, but all of its facilities and offices are in State A. Would a federal district court have subject matter jurisdiction over the plaintiff's action

Answers

Answer: No, because all of the defendant's facilities and offices are in State A.

Explanation:

Following the information given in the question, a federal district court cannot have subject matter jurisdiction over the plaintiff's action.

In this case, there's no subject matter jurisdiction by the court as theres subject matter jurisdiction when there is full diversity of citizenship, and the amount of controversy is more tha $75,000.

Choose the correct statement. A. A check is money because while it is in circulation the quantity of money increases by the amount of the check. B. Currency is money and credit cards are money because they are means of​ payment, but deposits are not money. C. Deposits are​ money, checks are not​ money, and credit cards are not money. D. A credit card is money because it allows you to take a loan at the instant you buy something.

Answers

Answer:

C. Deposits are money, checks are not money, and credit cards are not money.

Explanation:

Money can be defined as any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world. Thus, it's any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.

Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

In this context, the true and only correct statement is that, deposits are​ money, checks are not​ money because they are not a legal tender, and credit cards are not money because it's a plastic card used for e-commerce based on money being in the account of the holder.

Suppose that an economy consists of only two individuals. Jeremy has $1690 available to spend on goods. He decides to purchase $470 worth of produce from Michele in the current quarter. No other economic activity takes place during the current quarter. Using this information, answer the questions. For the current quarter, what is the economy's income?

Answers

Answer:

$470

Explanation:

The calculation of the economy income is given below:

Since $1,690 spend on goods and then he decided to purchase for $470 in order to generate it

So here we can see that there is one and only economic activity that took place at the present quarter that is of $470

Therefore the economy income is $470

Which of the following best describes why consumers are price​ takers? A. Individual transactions are too small to have much impact on the market price. B. Many individuals lack the skills to negotiate prices. C. If consumers​ don't pay the price​ asked, the store will just sell the product to someone else. D. Consumers​ don't know what it costs to make most products.

Answers

Answer:

c

Explanation:

because it only makes sense to do it that way

Which of the following statements is true?

Answers

Answer:

True

Explanation:

Amartya is interviewing several candidates for a position at his firm. If he makes the right decision with the hiring choice, the firm will prosper, his superiors will look favorably on him, and Amartya will likely receive a promotion. However, if he makes a poor choice, the firm will suffer, and Amartya may even be demoted. When evaluating candidates for the position, Amartya will be primarily motivated by a need for:

Answers

Answer: Accurate knowledge

Explanation:

Recruiting personnel's into organization to handle task or fill in job role is difficult sometimes. Employers have complained about most employees not meeting what they want, while employees complain the processes involved are becoming much. Recruiting most be done well to meet an organization target else they'll keep recruiting, unless they are ready to train fresh or inexperienced intake which would take time.

For recruiters to get what they want when recruiting they most be on the lookout for the person who has an accurate knowledge on the job to be employed for, this helps avoiding mistakes.

ACME Home Loans is a private lender with a strict policy of limiting originations to conventional qualified mortgages with minimum loan amounts of $300,000. To ensure compliance with this policy, loan originators are instructed to refuse to accept applications from consumers who want loan amounts of less than $300,000, or who have debt-to-income ratios of 44% or more. This policy is:

Answers

Answer:

The correct option is e. Potentially unlawful under the disparate impact theory.

Explanation:

Note: This question is not complete as the options are omitted. The options are therefore provided to complete the question before answering the question as follows:

a. Not a violation of any federal fair lending law

b. Potentially unlawful under the disparate impact theory

c. An example of disparate treatment of consumers

d. Legal if there is no discriminatory intent

e. Potentially unlawful under the disparate impact theory.

The explanation of the answers is now provided as follows:

Basically, disparate impact theory relates to the USs labor law and can be described as employment, housing, and other practices that disproportionately affect one group of persons with a protected trait over another, despite the fact that laws implemented by employers or landlords are ostensibly impartial.

For this question, despite that no discrimination may be intended, lending regulations that hurt creditworthy people who are members of a protected class may be prohibited.

The lending rules outlined in this issue, for example, could have a negative impact on younger applicants, breaking the Equal Credit Opportunity Act's (ECOA) restriction on age-based discrimination.

Therefore, the correct option is e. Potentially unlawful under the disparate impact theory.

While traveling on a commercial bus line, a passenger was injured when some luggage fell on him. As required by applicable state law, the bus company's in-house attorney conducted an investigation and filed the required report with the state transportation department. The passenger subsequently filed a civil action against the bus company in federal district court, seeking compensatory damages for the injuries he suffered. During discovery, the passenger's lawyer served on the bus company a request for production of documents, including a request for the report that the bus company filed with the state. The bus company objected to the request for the report and refused to produce it on the grounds that the report was privileged and protected from discovery under the work product doctrine. It did, however, produce other documents that were requested. The passenger then filed a motion to compel production of the report. If the court finds that the bus company's claims of privilege and work product were not substantially justified, what orders must the court make relating to the passenger's request for production of the report

Answers

Answer: See explanation

Explanation:

In a situation whereby the attorney of the passenger tried resolving the dispute in good faith, then the bus company must be ordered by the court to produce the report as well as the payment of reasonable cost that was incurred in making the motion.

It should however be noted that such cost may not be awarded when the movant had filed the motion before obtaining the disclosure in good faith. Also, the cost with be given when the nondisclosure response of the opposing party was justified.

You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 100% sure. Placing a ___________ may protect your current gains of $30 while at the same time keeping the opportunity open for future upward potential.

Answers

Answer:

"Stop-loss order" is the right answer.

Explanation:

According to the question,

Purchase price,

= $50

Current selling price,

= $80

Current gains,

= $30

Investors begin to give their earnings if somehow the market capitalization begins to fall beneath $80. In advance to minimize this, we need to set a purchase requisition of $80 for stop-loss.So whenever the market decreases beyond $80, with us investments are traded, and thereby the existing profits of $30 have been safeguarded.

Thus, the above is the correct explanation.

What is one TRUE statement about the stock exchange?

Answers

Answer:

Explanation:

For every seller, there has to be a buyer. For every buyer, there has to be a seller.The market determines the value put on a stock at least when the stock is on an exchange.There are many parameters used to determine if a stock should be bought or sold.

Answer:

A. Each stock market is used to buy and sell stocks or shares of ownership in a company.

Explanation:

Edmentum 2022

The act of starting and creating a business on one's own is called
A. entrepreneurship
B. freelancing
C. objectives
D. ambition

Answers

entrepreneurship is the answer , hope this helps ! :)

The Unadjusted Trial Balance columns of a work sheet total $84,000. The Adjustments columns contain entries for the following: Office supplies used during the period, $1,200. Expiration of prepaid rent, $700. Accrued salaries expense, $500. Depreciation expense, $800. Accrued service fees receivable, $400. The Adjusted Trial Balance columns total is:

Answers

Answer:

$85,700

Explanation:

Calculation to determine what The Adjusted Trial Balance columns total is:

Unadjusted Trial Balance columns $84,000

Accrued salaries expense$500

Depreciation expense $800

Accrued service fees receivable $400

Adjusted Trial Balance columns total $85,700

Therefore The Adjusted Trial Balance columns total is:$85,700

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