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Naya [18.7K]
3 years ago
7

An industry leader may be joining the project team and can potentially provide additional expertise. What strategies should the

project manager employ?
Business
1 answer:
lesya692 [45]3 years ago
7 0

Answer:

1) Finalizing Project Details

2) Setting Clear Expectation

3) Choosing the right team and system

4) Defining milestones

5) Establishing clear communication

6) Managing project risks

7) Avoiding scope creep

8) Evaluating the project after compilation

Explanation:

The project manager is responsible for achieving the project objectives. The main objectives of project management are:

- Establish clear, useful and achievable goals and establish contacts

- Providing project requirements, such as the workforce, required information, various contracts, materials or technologies required to achieve the project objectives

- Elimination of cost, time, scope and quality constraints of the project management triangle

The project manager is a client representative and with the support of the organization they represent, it is necessary to identify and fulfill the client's needs. Installation ability, cost, time, quality and above all are essential to customer satisfaction.

Main functions:

- To be sure why the project is so important

- Determine the quality of the project products

- Engineer supplies

- time of formation

- Investment, partnership agreement and welding

- Adapt the management plan to the project

- Creation and motivation

- Project risk assessment and change

-Development

- Shareholder management

- Good governance

- Completion of the project

The main strategies which are appeared as result of the actions and functions of the project manager is:

1) Finalizing Project Details

2) Setting Clear Expectation

3) Choosing the right team and system

4) Defining milestones

5) Establishing clear communication

6) Managing project risks

7) Avoiding scope creep

8) Evaluating the project after compilation

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The Walthers Company has a semi-annual coupon bond outstanding. An increase in the market rate of interest will have which one o
professor190 [17]

Answer:

The answer is D.

Explanation:

An increase in the market rate of interest of a bond will decrease the market price of the bond. Market rate of interest of a bond is inversely related to the market price of the bond.

For example, A bonds is issued with a higher interest rate, the price of existing bonds will fall because the demand for this bond falls.

6 0
3 years ago
You will have less money available for other purchases if you choose a car that costs _______ instead of a car that costs ______
Leona [35]
The correct answer would be B. This is because you are spending more money aka $12,000 which would result in you having less money than if you bought one for $8,000!
7 0
3 years ago
Periodic outlays for inventory control software at Baron Chemicals are expected to be $150,000 immediately, $200,000 in 1 year,
Nady [450]

Answer:

Total present value=$617,523.24

Explanation:

The formula for calculating continuous compounding is given as follows

F=P(e^it)

F=future value

P=present value

i=interest rate

t=time involved i.e 1 year or 2 year

e=Mathematical constant=2.7183

By applying above mentioned formula, the present value of inventory control software by Baron Chemicals shall be calculated as follows:

Present value of year 2 Cash flow= $286,555.76

($350,000/e^10%*2)

Present value of year 1 Cash flow=  $180,967.48

($200,000/e^10%*1)

Present value of year 0 Cash flow= $150,000

Total present value=$617,523.24

7 0
3 years ago
Pronghorn Corporation purchased machinery on January 1, 2022, at a cost of $276,000. The estimated useful life of the machinery
vfiekz [6]

Answer and Explanation:

The depreciation schedule is as follows:

<u>For straight-line method</u>

<u>Year    Depreciable       Depreciation   Depreciation Accumul    Book value</u>

<u>                  cost                    rate             Expense         Depre</u>

2022       $243,400             25%            $60,850       $60,850      $215,150

    ($276,000 - $32,600) (1 ÷ 4)                                       ($276,000 - $60,850)

2023      $243,400             25%            $60,850       $121,700      $154,300

2024      $243,400             25%            $60,850       $182,550      $93,450

2025     $243,400              25%            $60,850       $243,400     $32,600

                                                                $243,400

<u>For double declining method</u>

<u>Year    Depreciable       Depreciation   Depreciation Accumul    Book value</u>

<u>                  cost                    rate             Expense         Depre</u>

2022       $276,000       50%            $138,000         $138,000       $138,000

                                   (1 ÷ 4 × 2)                                    

2022       $138,000       50%            $69,000            $207,000      $69,000

2023       $69,000        50%            $34,500            $241,500        $34,500

2024       $34,500                            $1,900               $243,400       $32,600

                                                         $243,400

3 0
2 years ago
In 2013, Natural Selection, a nationwide computer dating service, had $500 million of assets and $200 million of liabilities. Ea
Allisa [31]

Answer and Explanation:

The computation is shown below:

a)  Liabilities to equity ratio is

= $200 ÷ ($500 - $200)

= 0.667

Times interest earned ratio is

= EBIT ÷ Interest expense

= $120 ÷ $28

= 4.285

Times burden covered is

= EBIT ÷  (Interest +Principal repayment ÷ ( 1 -tax rate))

= 120 ÷ (28+24 ÷ (1-0.4))

= 1.764

b)

Interest paying requirements  

= ($128 - $20) ÷ 120

= 76.7%

Principal and interest requirements  

= [$120 - ($28 + $24 ÷ (1-0.4))] ÷ 120

= 0.433 or 43.3%

Principal, Interest and Common dividend payments -

= [$120 - ($28 + (($24 + 0.3 × 20) ÷ (1 - 0.4))] ÷ 120

= 0.35 or 35%

3 0
3 years ago
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