All categories

2 years ago

Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)

1 answer:

5 0

Project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.

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

It should be noted that a project is an activity that's engaged in to achieve a particular goal.

In this case, project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.

Learn more about projects on:

brainly.com/question/6500846

#SPJ1

You might be interested in

In many cases, the causes of scope creep reflect a misfit between ____.Multiple Choicetraditional project management methods bei

11111nata11111 [884]

Answer:

The correct answer is: traditional project management methods being applied to high uncertainty projects

Explanation:

Scope creep are common in projects, but they can raise concerns because they mean increased time and expense.

Scope increase may occur when there is a mismatch between traditional project management methods being applied to projects of high uncertainty.

This mismatch can mean that the control is inflexible and being a project of high uncertainty, it is quite possible that there will be changes during the project that include other processes and ways to achieve the expected objective.

This situation can cause frustration among stakeholders and waste of time and money, which can be avoided with more effective control and greater clarity about the project's objectives.

5 0

4 years ago

Which amendment to the U.S. Constitution provides the protection of due process of law and protection from having to testify aga

Vedmedyk [2.9K]

the 5th amendment i believe

3 0

3 years ago

Noah Construction Company is building a large complex for a contract price of $5,000,000. This is a three-year project and the r

Zepler [3.9K]

Answer:

$625,000

Explanation:

Calculation for how much income is recognized in Year 3

First step

Year 1 2 3

Cost incurred Till date

1000 (1000+1500)2500 (2500+1250)3750

Estimated cost to complete

3000 1500 0

Total cost of contract

4000 4000 3750

Second step

Using this formula to calculate for the percentage of completion for each year

Percentage of completion =Cost incurred till date /Total cost

Let plug in the formula

Yeat 1= 1,000/4,000 =25%

Year 2= 2,500/4,000 =62.5%

Year 3=3,750/3,750 =100%

Last step

Year 1 2 3

Contract price 5000 5000 5000

Less:Total cost (4000) (4000) (3750)

Gross profit 1000 1000 1250

Percentage of completion

25% 62.5% 100%

Gross profit to be recognized till date (1000*25%)=250 (1000*62.5%)=625 (1250*100%)=1,250

Less:Gross profit recognized till prior year

0 -250 -625

Gross profit to be recognized in current period

250 375 625

Hence;

Year 1 Gross profit is $250,000

Year 2 Gross profit is $375,000

Year 3 Gross profit is $625,000

Therefore the amount of income recognized in year 3 will be $625,000

8 0

3 years ago

Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $2,472 Direct labo

PilotLPTM [1.2K]

Answer:

Total Cost Job 593 6557

Explanation:

Job 593

$cost = materials + labor + overhead$

DM 2,471

DL 1,406 ( 74 labor hours x $19 labor rate)

FO 2,680 (134 machine hours x 20 FO rate)

Total Cost 6557

Remember, for Direct Labor and machien hours, you needto multiply the amount of hour applied in the job by the rate.

3 0

3 years ago

How do you contribute to uneployment if you do not pay tax?

luda_lava [24]

As long as one started working, he/she is then responsible to paying taxes to the government or to the state. The tax that he is paying is used for the programs planned by the government for the sake of the citizens. If you have been working but is not paying tax, it just seems that you have not worked at all. You will not have any record of being a tax payer and the government will count you in as someone who is unemployed.

5 0

3 years ago