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4 years ago

Which is a part of the project initiation phase?

Business

1 answer:

Zepler [3.9K]4 years ago

7 0

Answer:

The answer to this question is given below in the explanation section.

Explanation:

Project initiation is the first phase of any project management life cycle. In this phase, project objectives, feasibility, scope, purpose and what deliverable will be produced are define. Overall, this phase of project management has six key steps that you take to properly initiate the new project.

These key steps are given below:

Develop a business case
undertake a feasibility study
Establish the project charter
Appoint the project team
Setup the project office
Perform a phase review.

So, the correct option for this question is E that is setting the stakeholder's expectation. As you know that every project has different internal and external key stakeholders. And, each stakeholder has a different expectation. These expectations are considered during undertaking a feasibility study in which a business case is built.

Why other options are not correct.

Implementing a project is part of the execution phase of the project. Testing the project process is the monitoring phase of the project while performing the audit and training the user are parts of project closure and deployment respectively.

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Mississippi River Shipyards is considering the replacement of an 8-year-old riveting machine with a new one that will increase e

masya89 [10]

Solution :

Calculating the (NPV) Net Present value for the following matters to check the feasibility of the replacement of an 8 year old riveting machine with the new one :

Let

A = Year (n)

B = Initial outlay

C = Five-year MACRS depreciation percentage

D = Depreciation with MACRS Method (D)

E = Savings in earnings before depreciation

F = Taxable Income (earnings before depreciation - depreciation

G = Income taxes (Taxable Income *40%)

H = $\text{After-Tax Net}$ cash flow $\text{(Taxable income - taxes + depreciation)}$

I = PV of $\text{Net cash flow}$ at the rate $12\%$ = $NCF$ / $(1+WACC\%)^n$

A B C D E F G H I

0 82,500 -82,500 -82,500

1 20% 16500 27000 10500 4200 22800 20357.14

2 32% 26400 27000 600 240 26760 21332.91

3 19% 15675 27000 11325 4530 22470 15993.70

4 12% 9900 27000 17100 6840 20160 12812.04

5 11% 9075 27000 17925 7170 19830 11252.07

6 6% 4950 27000 22050 8820 18180 9210.55

7 0% 0 27000 27000 10800 16200 7328.06

8 0% 0 27000 27000 10800 16200 6542.91

NPV $22,329.39

As the NPV, the project is positive ($22,329.39) and so the company should replace the 8 year old riveting machine with the new one.

4 0

3 years ago

New investors may want to consider _______ funds, which are mutual funds that invest in one particular kind of stock or a partic

Bond [772]

Answer:

B. index

Explanation:

New investors may want to consider to invest in index funds because they focus on a particular sector of the market or a particular type of bond, or indexes may follow and try to reciprocate the market for eg the. The purpose of an index fund is to copy and reciprocate the performance of a market index .

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4 years ago

Make a list of the skills that would be important for someone pursuing a career in each cluster in your unit. Then compare to se

antoniya [11.8K]

Answer:

Employability.

Ethics.

Systems.

Teamwork.

Career development.

Problem solving.

Critical thinking.

Information technology application.

Explanation:

3 0

3 years ago

Read 2 more answers

Keith enjoys cutting hair and he just graduated from a cosmetology program. He has opened up his own shop, but it has not grown

marysya [2.9K]

Answer:

Franchises.

Explanation:

A franchise is formed when a third party is given the right to market products using the brand name of a parent company. There is usually an agreement between the parent company and the third party on profit sharing from the franchise.

In this scenario Keith wants to try a brand recognition of a national chain, but he wants to stay in his local area and be the owner of the shop.

The best option is to form a franchise where he can use the national brand to grow his business locally.

3 0

3 years ago

Dextra Computing sells merchandise for $10,000 cash on September 30 (cost of merchandise is $8,000). Dextra collects 9% sales ta

sammy [17]

Answer:

1. Dr Cash $10,900

Cr Sales $10,000

Cr Sales Taxes Payable $900

2. Dr Cost of Goods Sold $8,000

Cr Merchandise Inventory $8,000

3. Dr Sales Taxes Payable $900

Cr Cash $900

Explanation:

1. Preparation of the journal entry to record the cash sale and 9% sales tax

Dr Cash $10,900

($10,000+$900)

Cr Sales $10,000

Cr Sales Taxes Payable $900

($10,000*9%)

(To Record the cash sale and 9% sales tax)

2. Preparation of the Journal entry to record the cost of September 30th sales

Dr Cost of Goods Sold $8,000

Cr Merchandise Inventory $8,000

(To Record the cost of September 30th sales)

Preparation of the journal entry to show Dextra sending the sales tax on this sale to the government on October 15

Dr Sales Taxes Payable $900

Cr Cash $900

($10,000*9%)

(Being the sales tax on the sale to the government on October 15)

3 0

3 years ago