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Ipatiy [6.2K]
3 years ago
13

Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project m

anagers can use to make the trade-offs required to succeed.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0

Answer: The common constraints faced by project managers are project scope, cost and time.

Explanations:

The three main constraints faced by project managers are the project scope, cost and time. These constraints affect the quality of a project. In high quality projects, the product is delivered within its scope at the required budget and on time.

The constraints are usually connected to one another. For example, an increase in the project scope will require an increase in cost and time. Also, accelerating the project timeline may lead to a reduction in the project costs but also lower the scope.

A trade off in project occurs when one constraint is reduced so as to increase another constraint. For trade-offs to be successful, project managers should take time to scrutinize the organization's objectives and the expectations of the project by using a structure that allows the project manager look at other options for the constraints and find the greatest balance among the constraints and organizational goals.

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Producer surplus in a perfectly competitive industry is the same thing as revenue. the difference between profit at the profit-m
Damm [24]

Answer:

the difference between revenue and variable cost

Explanation:

As we know that

Producer surplus is = Total Revenue - Total Variable Cost

So here we can see that the producer surplus would be the difference between the revenue & the variable cost in the industry i.e. perfectly competitive

Hence, the second last option is correct

And, the other options are wrong

6 0
3 years ago
_____ management stresses continuous improvement, employee involvement, learning from customers and employees, and accurate stan
bonufazy [111]

Answer: Total quality management.

Explanation:

Total quality management is a management style in which, there is a continuous effort to increase effectiveness of product/services delivered by a company, this is achieved by constantly training workers to effectively carry out their duties and constant communication with consumers of products to know areas that needs improvement in product/service delivery.

5 0
3 years ago
Country A has required reserve ratio of 20% and currency drainage of 15%. Calculate the money multiplier. If total deposit is $2
Klio2033 [76]

Answer:

None

Explanation:

= U.S. exports increase, shifting U.S. aggregate demand to the right

= U.S. exports increase, shifting U.S. aggregate demand to the right

4 0
3 years ago
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The information security function in a large organization is most effective when?
Alex_Xolod [135]

The information security function in a huge employer is handiest whilst decentralized as near the user as possible.

Records protection is “the exercise of preventing unauthorized access, use, disclosure, disruption, change, inspection, recording or destruction” of sensitive facts. security measures carry out four essential roles: It protects the corporation's capacity to function.

The facts security performs four critical features for an organization that allows the secure operation of application implemented in the organization's information technology (IT) systems, guards the information the company collects and use, and safeguards the generation of assets that use in the organization.

The position of protection management entails the identification of 1's belongings – homes, people, merchandise, records, and infrastructure – and the improvement and implementation of policies, tactics, and measures to guard those belongings.

Learn more about information security function here: brainly.com/question/14485518

#SPJ4

5 0
1 year ago
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