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AlexFokin [52]
2 years ago
14

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

Business
2 answers:
iVinArrow [24]2 years ago
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.

Check out the link below to learn more about multimedia;

brainly.com/question/24214331

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prohojiy [21]2 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.

Learn more about multimedia project here,

brainly.com/question/14177087

#SPJ4

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Knowing what of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions?
givi [52]

Knowing what stage of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions.

<h3>What is the product life cycle?</h3>

The stages that a product goes through as it enters, establishes itself and leaves the market are defined by the Product Life Cycle (PLC). The product life cycle, in other words, outlines the stages that a product is likely to go through. Managers can use it to examine their products and create plans as they move through different stages.

When a product is first introduced to the market, a company frequently faces higher marketing expenses; nevertheless, as product adoption rises, more sales are realized.

When a product's adoption matures, sales stabilize and peak, however they may decline due to competition and obsolescence. When making business decisions, from pricing and advertising to expansion or cost-cutting, the idea of product life cycle might be helpful.

To learn more about the product life cycle, visit:

brainly.com/question/9363762

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4 0
2 years ago
The dean of a highly reputed business school has decided to pursue a coveted accreditation for the college. To get the faculty's
natita [175]

Answer:

Consultation.

Explanation:

In the scenario observed in the question, it can be seen that the dean used the consultation tactic.

This tactic can be defined as the influencing leader seeking support from others to influence a group.  This is an effective approach to increase group satisfaction due to the value of democratic decision-making.

The benefits of this technique are described in the question, such as the increased commitment of the faculty, who are now interested in seeing the process succeed and the objective of accreditation fulfilled.

6 0
3 years ago
You have decided to buy a used car. The dealer has offered you two options: (FV of S1, PV of $1, FVA of $1, and PVA of $1) (Use
Pachacha [2.7K]

Answer:

1-a.

in order to determine the present value of option a we can look for the PVIFA (annuity factor) for 24% / 12 = 2% monthly rate and 25 payments.

PVIFA = 19.523

Present value of the 25 payments = $540 x 19.523 = $10,542.42

+

Present value of final payment = $10,000 / (1 + 24%)²⁵/¹² = $6,388.10

PV = $16,930.52

Present value of option b = $16,638

1-b.

  • b. option b (lower present value)
5 0
2 years ago
When making scrap or rework decisions, management should consider: (Check all that apply.)a. Revenue from selling defective unit
vlabodo [156]

Answer:

The correct answer is all of the above

Explanation:

Scrap or the rework costs are the costs which is incurred in order to repair the   items that are defective. And the decision to rework or scrap an item or product, ground on the benefits or advantage of the incremental costs.

If the reworked units generate or yield greater advantage or benefit rather than the selling them as scrap, then the decision to rework will be considered.

And if the decision of rework is taken, then the management should consider the incremental costs, revenue or profit from selling the defective units as scarp and the lost profit on selling and making the new units while the rework is performed.

3 0
3 years ago
Read 2 more answers
A local regulator has calculated the average cost of production for the public water utility. Theregulator has allowed an adjust
Varvara68 [4.7K]

Answer:

A. cost-plus regulation

Explanation:

When a local regulator calculates the average cost of production for the public water utility or any other service and allow an adjustment for the normal rate of profit the firm should expect to earn, and then set the price that consumers can be charged accordingly, this is known as cost-plus regulation.

It is usually carried out by the government.

8 0
3 years ago
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