All categories

2 years ago

Which is the first stage in the project management model Mcq?

Business

1 answer:

kap26 [50]2 years ago

8 0

The project initiation stage is the first stage in the project management model.

What is a project management model?

The five project management process steps—initiating, planning, executing, controlling, and closing—are referred to in the PMBOK. It includes a variety of project management methods and techniques that you can use to assess or finish the way you manage your projects or the methodology you employ.

What is project initiation?

The Vice-Chancellor/Chief Information Officer and Project Sponsor define and assess the project proposal at the Initiation Phase before giving their approval for it to move forward.

What is the purpose of project initiation?

A project's objectives, justification, and organizational structure are all spelled out in a project's initiation document. This makes it possible to guarantee that everyone is aware of the situation from the outset.

Learn more about project management: brainly.com/question/15552468

#SPJ4

You might be interested in

Havermill Co. establishes a $410 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

Amanda [17]

Answer and Explanation:

The journal entry for establishing the fund as on September 1 is shown below:

On September 1

Petty cash Dr $410

To cash $410

(Being establishment of fund is recorded)

Here petty cash is debited as it increased the asset and credited the cash as it decreased the asset

Therefore the same is to be considered

4 0

3 years ago

A contractual vertical marketing system is exemplified by: Group of answer choices a florist shop that buys from a wholesale pla

lubasha [3.4K]

Answer:

the franchise system of a reputed sandwich brand.

Explanation:

The contractual vertical marketing system would be the organization that is the retail cooperative, wholesaler i.e. chain who do sponsor and many franchising programs. In this the parties are maintaining their independene and operate as individually but they work together in order to accomplish thir goals and objectives by having high efficiency

so according to the given situation, the last option is correct

7 0

3 years ago

Imagine you are the owner of a natural gas company. you can either extract as much of the resource as fast as possible or delay

Akimi4 [234]

Answer:

Extract as low as possible at present and as high as much possible in the future.

Explanation:

The company must sell fewer natural gas units because the sales price is at present and this will constitute to fewer income coming by the sale of natural gas, the company must only earn from natural gas as much as required to finance its needs at present. So to earn a higher revenue proportion in future due to increase in the selling price of the product, the company must extract as much as possible in future to earn more.

8 0

3 years ago

Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $

Sveta_85 [38]

Answer:

d. $13.00

Explanation:

contributon margin = selling price - variable cost

sales price: $25 per unit

<u>list of variable cost:</u>

Direct mateirals 6.20

Direct labor 2.80

variable overhead 1.45

sales commisions 1.00

adminsitrative variable<u> 0.55 </u>

total variable cost 12.00

$25 selling price per unit - $12 variable cost per unit =

$13 contribution margin per unit

This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.

5 0

4 years ago

What kind of interest group represents different facets of business interests?

kogti [31]

I would say that it would simply be a businessman's interest group or an association such as the Association of Mineral Exploration in the province of British Columbia, Canada that is an advocacy group for the businessmen to ensure they get the ear of the provincial government and so they can be a lobby group too.

4 0

3 years ago