Answer: A project charter contains:
- Project manager assigned, his responsibility and authorization level.
- Project Objectives
- Project justification.
- Project general description.
- High level requirements
- High level risks.
- Summary of the most important milestones in the schedule.
- Budget Summary
- List of Stakeholders or stakeholders of the Project.
- Requirements for project approval.
- Name and level of authorization of the Sponsor or the person authorizing the Project Charter.
The important thing with the generation of this document is that there is a formal record of the initiation, limits and completion of the project being of great importance for its success.
In this way, with all this information established with security, it allows the manager to obtain funds from third parties for the realization of the project.
Lin most likely a victim of fraud. Fraud is the intentional taking something from another individual for personal or financial gain which would make the other party at disadvantage. Committing fraud is a criminal offense and the victim could make legal actions to chase the criminal.
Answer:
class A stocks
Explanation:
in 5 years, class A stock will be worth = $30 x (1 + 6%)⁵ = $40.15
in 5 years, class B stock will be worth = $20 x (1 + 12%)⁵ = $35.25
now we need to determine the present value if each stock:
class A stock present value = $40.15 / (1 + 8%)⁵ = $27.33
class B stock present value = $35.25 / (1 + 8%)⁵ = $23.99
since the present value of class A stock is higher, then the engineers should select that type of stocks.
The advice which I would give to a poor farmer who intends to collect a loan to cultivate three acres of paddy with Islamic microfinance is that he should show his business plan to the bank.
The procedure which he needs to take include:
- Submitting his business plan.
- Checking his credit history/worthiness.
- Talk to the bank finance advisor about their loan plans and validity.
<h3>What is a Loan?</h3>
This refers to the money collected for the purpose of solving a need or making an investment in a business.
Read more about business loans here:
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