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3 years ago

How is Change Management related to Baselining?

Business

1 answer:

zheka24 [161]3 years ago

8 0

Answer:

hope it helps..

Explanation:

Change management is an important part of project management in which the original project plan, represented by the baseline, is used to measure and assess project execution. ... The initial baseline is created by copying the data from the project after the project plan is completed, prior to starting.

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Fill in the blank: Using a(n) _____ keeps a record of any inconsistencies from the initial requirements of a project.

MariettaO [177]

An issue log is simply known as a type of documentation element of software project management Using an issue log keeps a record of any inconsistencies from the initial requirements of a project.

The issue log is known to have a list of ongoing and closed issues concerning project.

This type of logs can be seen as a way to track errors in any project.

It consist of name of the person who solve the problem, the date or time of the issue, the issue's priority and status and the date or time that the problem was resolved.

An issue log is also regarded as a simple list or spreadsheet that managers use to monitor the issues that arise in a project.

Learn more from

brainly.com/question/14869466

5 0

3 years ago

(Ignore income taxes in this problem.) Alesi Corporation is considering purchasing a machine that would cost $283,850 and have a

gavmur [86]

Answer:

(A) Payback period for the machine= 3.5 years

(B) Simple rate of return for the machine= 87.5%

Explanation:

Alesu corporation is considering purchasing a machine that would cost $283,850

The useful life is 5 years

The machine would reduce cash operating costs by $81,100 per year

The salvage value is $107,100

(A) The payback period for the machine can be calculated as follows

= cost/amount of cash flow

= 283,850/81,100

= 3.5 years

(B) The simple rate of return for the machine can be calculated as follows

First we calculate the depreciation expense

= 283,850-107,100/5

= 176,750/5

= 35,350

Annual incremental income= cost savings -depreciation expenses

= 283,850-35,350

= 248,500

Simple rate of return = annual incremental income/cost × 100

= 248,500/283,850 × 100

= 0.875 × 100

= 87.5%

3 0

3 years ago

Pettit Ice Cream Company produces various ice cream products for which demand is highly seasonal. The company sells more ice cre

Rashid [163]

Answer:

a) Fixed costs = $22,000

b) $70,000

c) The high low cost method is generally inaccurate because it only considers the extremes, the highest and lowest costs and activity levels. Generally costs are not linear, but they might follow a certain tendency. The advantages of the high low cost method is that it is fairly accurate when costs are stable, plus it is much simpler to calculate.

d) Assuming that costs follow a certain tendency, regression analysis is much more exact since it analyses the relationship between different data and different variables. When you analyze only 2 variables, a linear regression analysis will serve you. but if you need to analyse more than two variables, then you must use a multiple regression analysis.

The R² statistic basically measures how one variable's variance is affected by other variables. E.g. if R² is 0.75, then 75% of the variance of A will be explained by the variance of B.

Explanation:

variable cost using high low cost method = (highest activity cost - lowest activity cost) / (highest activity level - lowest activity level) = ($82,000 - $46,000) / (50,000 - 20,000) = $36,000 / 30,000 gallons of ice cream = $1.20 per gallon of ice cream

fixed costs = $82,000 - (50,000 x $1.20) = $22,000

40,000 gallons

$22,000 + (40,000 x $1.20) = $70,000

how regression analysis improves accuracy of high low cost method

3 0

3 years ago

The total number of items that the company carries within its product lines refers to the ___________ of the product mix.

wolverine [178]

D. consistency.
yeah! correct

7 0

3 years ago

Consider the economies of Sporon and Gribinez, both of which produce agricultural products using only land and labor. The follow

dusya [7]

Answer:

Sporon

2020 $15

2021 $14

2022 $12

2023 $10

Gribinez

2020 $9

2021 $10

2022 $11

2023 $12

Real GDP per capita rose from 2020 to 2023 as population increased.

Explanation:

Real Per capita GDP measures the standard of living of the people in a country. The higher the Real Per capita GDP, the higher the standard of living

Real Per capita GDP = Real GDP / population

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

Sporon

2020 : $15,000 / 1000 = $15

2021: $28,000 / 2000 = $14

2022 : $36,000 /3,000 = $12

2023: $40,000/4000 = $10

Gribinez

2020 : $4500 / 500= $9

2021 : $10,000 / 1000 = $10

2022 $16,500 / 1500= $11

2023: $24,000 / 2000 = $12

The real GDP per capita of Gribinez rose from 2011 to 2014 as population increased because the rate of increase of real GDP per capita was higher than the rate of increase in population

Rate of increase of population in 2022 = (1500 / 1000) - 1 = 0.5 = 50%

Rate of increase in Real GDP in 2022 = (16500 / 10,000) - 1 = 0.65 = 65%

7 0

3 years ago