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zavuch27 [327]
1 year ago
5

Most companies with well-developed project management systems insist that a project must pass an approval of some kind to move f

rom one life cycle stage to the next. Group of answer choices True False
Business
1 answer:
Nesterboy [21]1 year ago
6 0

True

<h3>What is project management life cycle?</h3>

A project is guided through the project management lifecycle, which is a step-by-step structure of best practices. It offers project managers a methodical way to plan, carry out, and complete a project.

The four phases of this project management process are initiating, planning, executing, and closing. A project team boosts its chances of success by following each stage.

Initiation:

You will establish the project during the initiation phase. You will determine the project's objectives, scope, available resources, and team member roles. The project and team will have clear direction if stakeholders' expectations are made explicit, along with the specific goals of the project and their justifications.

Planning:

You'll decide the steps to really accomplish the project goals during the planning phase. You'll set up spending limits, deadlines, and checkpoints, as well as the sources and required paperwork. This step also entails estimating and forecasting risk, implementing change management procedures, and laying out communication guidelines. Choosing what to do with your troops is the planning phase's equivalent of gathering your forces during the initiation phase.

Execution:

A project's execution entails carrying out your plan and directing the crew. For the most part, this entails monitoring and measuring progress, maintaining quality, reducing risk, managing the budget, and using data to guide your decisions.

Closing:

You'll wrap up project activities during the closing phase of the project management lifecycle, hand the final good or service on to the new owners, and evaluate what went well and what didn't.

Learn more about project management life cycle here:

brainly.com/question/14689298

#SPJ4

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us suppose that you open a savings account at the campus credit union. Into this savings account, you place $100 in savings. The
BartSMP [9]

Answer:

the  future value in two years is $110.25

Explanation:

The computation of the future value in two years is shown below:

As we know that

Future value = Present value × (1 +  rate of interest)^number of years

= $100  × (1  + .05)^2

= $100 ×  (1.1025)

= $110.25

Hence, the  future value in two years is $110.25

The same should be considered and relevant

5 0
2 years ago
Why are certain crime losses, such as the theft of furs and jewelry, a more difficult exposure to insure than fire loss?
a_sh-v [17]

Answer:

It is very simple, if your house burns down, the evidence is there. All you need to do it look at a house that burnt down either completely or partially, but its easy to verify.

On the other hand, if you report that a necklace was stolen, it is really difficult to verify. Unless it is a unique jewel that is worth a ton of money, you could have simply given it away as a gift and then report it as stolen. The opportunities for insurance fraud are many when dealing with jewelry or other valuable objects that can be moved around easily.

The second question about different grants of authority refer to the organizational structure of a company. E.g. a salesperson in Best Buy is able to sell any item or items to regular customers. But sometimes a large order comes and the company must decide whether to discount the price or not, and then management kicks in and decides. The same happens to insurance agents. A company decides that some agents deal with policies that involve X amount of risk. If the level of risk is higher, they must work with other agents that are authorized to deal with high risk policies. It is basically a clearance level where employees are authorized up to this amount, and above that amount, other employees must be involved.

5 0
2 years ago
Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions
shusha [124]

Answer:

1. Asset and capital will increase

2. Current asset decrease

3. Asset and liability increase

4. Asset decrease

5. Asset increase

6. Asset increase

7. Asset decrease, expense increase

8. Asset increase

9. Asset increase

10. Asset decrease, liability decrease

11. Liability increased

12. Asset decrease

13. Asset decrease

14. Capital decrease

Explanation:

<u>Income Statement for the month of May:</u>

Sales Revenue $11,100

Less: Operating Expenses:

Cleaning service $750

Salary expense $750

Advertising expense $80

Salaries expense $750

Telephone bill $300

Utilities expense $280

Net Profit $8,190

4 0
3 years ago
Cosmos company on july 15 sells merchandise on account to cajon co. for $6,000, terms 2/10, n/30. on july 20 cajon co. returns m
faust18 [17]
On July 15, there is pending 6000 on the cash account.

Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.

Afterwards, on July 24, Cajon paid for the merchandise. Since the credit terms is 2/10, 2 percent discount will be given if they paid within 10 days. So 5000 multiplied by . 02 = 100. 5000 - 100 = $4900 is the amount of cash received.
8 0
2 years ago
Industry.
cestrela7 [59]

Answer: D. Manufacturing

Explanation: The companies manufacture the new cars/ houses.

4 0
3 years ago
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