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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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Company send and receive messages daily via email, voice mail, text and traditional memos. A persuasive message occurs when a pe
Burka [1]

Explanation:

Persuasive message:

  1. Cordial, positive communication, with a focus on negotiation and openness to receiving proposals and feedbacks.
  2. Indirect approach, with a focus on explaining the advantages and benefits of the public to perform the expected action such as performing a specific task or concluding a sale.

Deliver bad news in business:

  1. Be transparent and communicate all the reasons that led the organization to face the bad news that is being communicated, maintaining a realistic but positive approach to maintain the sense of unity and overcoming of employees.
  2. Using an indirect approach so that bad news has less impact on the audience, for this the communication is made using soothing words and the news is in fact only given at the end of the message when explanations of the reasons for the fact are explained which increases the employees' sense of understanding.
8 0
3 years ago
International monetary analysis focuses on Group of answer choices the international trade side of the international economy. th
Ganezh [65]

Answer:

the monetary side of the international economy, such as currency exchange.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An exchange rate can be defined as a number used to represent the value of one country's currency in comparison to another.

International monetary analysis focuses on the monetary side of the international economy, such as currency exchange.

6 0
2 years ago
Mauro Products distributes a single product, a woven basket whose selling price is $13 per unit and whose variable expense is $1
Ira Lisetskai [31]

Answer:

Break-even point in unit sales = 2,300 units

Break-even point in dollar sales = $29,908.97 (Approx)

New break-even point in unit sales = 2,600 units

New break-even point in dollar sales = $33,810.14 (Approx)

Explanation:

Given:

Selling price = $13 per unit

Variable expense = $11 per unit

Fixed expense = $4,600

Computation:

Break-even point in unit sales = Fixed expense / [Selling price - Variable expense]

Break-even point in unit sales = 4,600 [13-11]

Break-even point in unit sales = 2,300 units

Contribution margin = [(13-11)] / 13 = 15.38%

Break-even point in dollar sales =  Fixed expense / Contribution margin

Break-even point in dollar sales = $4,600 / 15.38%

Break-even point in dollar sales = $29,908.97 (Approx)

New break-even point in unit sales = [4,600+600][13-11]

New break-even point in unit sales = 2,600 units

New break-even point in dollar sales =  Fixed expense / Contribution margin

New break-even point in dollar sales = $5,200 / 15.38%

New break-even point in dollar sales = $33,810.14 (Approx)

4 0
3 years ago
Your portfolio is 310 shares of Callahan, Inc. The stock currently sells for $101 per share. The company has announced a dividen
Veseljchak [2.6K]

Answer:

$31,240

Explanation:

Calculation for what is your portfolio value as of April 19

Using this formula

Portfolio value= Stock value + Cash

Let plug in the formula

Portfolio value = [(310 shares× ($101 -3.20))+ (310 shares × $3.20) ]

Portfolio value = [(310*97.80)+922)]

Portfolio value=$30,318+$922

Portfolio value=$31,240

Therefore your portfolio value as of April 19 will be $31,240

5 0
2 years ago
These items are taken from the financial statements of Coronado Industries at December 31, 2017. Buildings $105,800 Accounts rec
swat32

Answer:

Assets:                                         Liabilities:

<u>Current Assets       </u>                    <u> Current Liabilities</u>

Cash                            11,840          Accounts payable          9,500

Accounts receivable 12,600          Notes payable(current) 13,600

Prepaid insurance <u>     3,200  </u>        Interest payable              3,600

Total current assets:  27,640          Total Current Liab         26,700

<u>Fixed assets:</u>                               <u>Long-term Liabilities:</u>

Buildings (net)       60,200           Note Payable:                80,000

Equipment (net)     63,680             Total Liabilities            106,700

Land                     <u>   61,200   </u>      Equity:

total fixed assets: 185,080              Common stock         60,000

                                                         RE                              46,020

                                                       Total Equity                106,020

Total Assets: 212,720‬                  Total Liab + E              212,720

Explanation:

for RE we need to calculate the net income

income:

Service revenue           14,700

Insurance expense         ( 780 )

Depreciation expense ( 5,300 )

Interest expense          ( 2,600 )

Net income:                    6,020

<u />

<u>RE </u> 40,000 + 6,020 = 46,020

for note payable we split the current and long term portion

93,600 - 13,600 = 80,000 long term debt

te rest is self-explanatory

8 0
3 years ago
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