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3 years ago

There are three elements that can vary in multimedia project estimates: time, money and people

2 answers:

8 0

Understanding the equilibrium between these three elements of multimedia project estimates - "People, Time, and Money" - is critical to ensuring that every project has an equal chance of success.

<h3>Why does time, money, and people vary in project estimates?</h3>

The project plan and the estimate, which specifies the scope of work, are the backbone of the proposal.

Project estimates can be affected by three factors:

Time
Money
Personnel or people

Payments are normally made in three parts, and the time at which they are to be made is predetermined.

Establishment charges may be included in the first instalment of a progressive payment plan. The client or customers owns the completed work for which they have paid. The agreement/contract determines the definition of ownership.

Analyzing the activities associated with the project as well as the individuals that construct it is how cost estimation is done. Multimedia project billing costs typically vary from $60 to $150 per hour.

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prohojiy [21]3 years ago

3 0

People, time and money are the three elements that might vary in estimates of multimedia projects. One or both element have to be increased if any one of them is decreased.

<h3>What is a Multimedia project?</h3>

Multimedia is the integration of media objects such as text, graphics, video, animation, and sound to represent and convey information.

Multimedia projects are computer programs and products which involve sound, pictures, and film, as well as text. It is a task that sometimes requires a lot of time and effort.

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gulaghasi [49]

Answer:

Stock out costs increase

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Since the company is going to hold fewer materials and components, then the risk of an stock out increases, resulting in higher stock out costs.

The total inventory will decrease, therefore, the carrying costs will also decrease.

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Answer: Option d:- Relational transparency is the aspect of authentic leadership.

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