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2 years ago

As a project manager, what action can you take during initiation to avoid project disruption?

1 answer:

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The project's objectives, scope, and restrictions are typically determined during the beginning phase by a project sponsor working with a project manager. The project charter is then created.

What are two main actions in the initiation phase of a project?

The first stage in launching a new project is project initiation. You determine the project's purpose and the business value it will provide at the project start phase. Then, you use that knowledge to win support from important stakeholders.

Why is the process of initiation important?

Finding out why a project is needed and whether it is viable are the main goals of the start phase. Another crucial goal is to ascertain the project's requirements, which entails figuring out what the outcome will be, such as information, a prototype, a proof of concept, or a usable product.

Learn more about initiation phase of a project: brainly.com/question/23573613

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What’s the term for a condition that must be met before closing? Contingency Exclusion Line item Option

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Answer:

Contingency

Explanation:

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3 years ago

3 Balance sheet items for Nadew Travel Service were as follows at Dec. 31, 2018. Accounts payable Br. 23,100 Land Br. 90,000 Acc

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Answer

1, 2018. Accounts payable Br. 23,100 Land Br. 90,000 Accounts receivables 52,000 Notes payable 100,900 Building 54,800

Explanation:

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2 years ago

Pina Colada Corp bought equipment on January 1, 2017. The equipment cost $490000 and had an expected salvage value of $70000. Th

Olenka [21]

Answer:

$322,000

Explanation:

For computing the book value at the beginning of the third year first we have to determine the depreciation expense using the straight-line method which is shown below:

= (Original cost of equipment - expected salvage value) ÷ (estimated life)

= ($490,000 - $70,000) ÷ (5 years)

= ($20,000) ÷ (5 years)

= $84,000

In this method, the depreciation is same for all the remaining useful life

For two years, the accumulated depreciation is

= $84,000 × 2

= $168,000

So, the book value is

= $490,000 - $168,000

= $322,000

This is the answer but the same is not provided in the given options

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3 years ago

James, Inc., has purchased a brand new machine to produce its High Flight line of shoes. The machine has an economic life of 5 y

My name is Ann [436]

Answer:

3,074 units sold or total revenue of $236,698 per year

Explanation:

cost of machine $540,000

depreciation expense per year = $540,000 / 5 = $108,000

contribution margin per unit sold = $77 - $29 = $48

we generally calculate the financial break even point of a business by using the following formula:

= EBIT × (1 - interest expense) × (1 - tax rate) - preferred dividends

But when we are dealing with projects, the financial break even point is the sales level at which the project's NPV = $0. If the sales level is lower, then the project will be rejected, and if the sales level is higher, then it should be accepted.

using an annuity formula, the free cash flow per year needed for the NPV = $0 is $540,000 / 3.8897 (PV annuity factor, 9%, 5 periods) = $138,828.19

$138,828.19 = {[(unit sales x $48) - $108,000] x 0.78} + $108,000

$30,828.19 = [(unit sales x $48) - $108,000] x 0.78

$39,523.32 = (unit sales x $48) - $108,000

$147,523.32 = unit sales x $48

unit sales = $147,523.32 / $48 = 3,073.40 units ≈ 3,074 units sold

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3 years ago