1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Molodets [167]
3 years ago
11

Identify and describe the three steps that the team should follow in order to define project scope and create a project scope st

atement.
Business
1 answer:
kirill115 [55]3 years ago
6 0

Answer:  Define Project Needs, Understand the Project Objectives, Define the Project Scope

Explanation: Project Scope is defined as the work that needs to be accomplished to deliver a product, service, or result with the specified features and functions.

The scope of the project should have a tangible objective for the organization that is undertaking the project

There are 3 main steps of project scope and they are:

1. Define Project Needs

2. Understand the Project Objectives

3. Define the Project Scope

Scope statement are the documentation of the scope of the project will explain the boundaries of the project, establish the responsibilities of each member of the team and set up procedures for how the work that is completed will be verified and approved.

You might be interested in
A partial listing of costs incurred at archut corporation during september appears below: direct materials $ 113,000 utilities,
Murrr4er [49]

Calculation of Total Manufacturing Overhead Costs:


Manufacturing overhead costs are indirect costs incurred in relation to the production.

From the given information manufacturing overhead costs shall include factory Utilities $5,000, Indirect labor $ 25,000, depreciation of production equipment $ 20,000


Hence the Total Manufacturing Overhead Costs shall be (5000+25000+20000)=<u>$50,000</u>




5 0
4 years ago
According to the United Nations' Human Development Index, many countries with very high development are located in _____.
Lilit [14]
The answer is Europe and Australia.
 
According to the United Nations' Human development Index, many countries with very high development are located in Europe and Australia. As defined in Wikipedia, Human development index is a composite statistic of life expectancy, education and income per capita indicators, which are used to rank countries into four tiers of human development. 
5 0
3 years ago
Read 2 more answers
Employee turnover that is initiated by the organization is known as ______.
zheka24 [161]
Involuntary turnover is where the employee has no choice in their termination—for example, employer-initiated due to nonperformance
5 0
3 years ago
On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $53,600
mojhsa [17]

Answer:

$1,420

Explanation:

The computation of the bad debt expense is shown below:

As we know that

Ending balance of allowance for uncollectible accounts = Beginning balance of allowance for uncollectible accounts + bad debt expense - written off amount

$1,280 = $1,325 + bad debt expense - $1,465

So, the bad debt expense for the year 2022 is $1,420

Basically we applied the above formula to find out the bad debt expense

4 0
3 years ago
If the Federal Reserve announces that its target for the federal funds rate is rising from 4 percent to 4.25 percent, how do you
olganol [36]

Answer:

B) As long as the Fed's announcement is credible, workers and firms will reduce their consumption and investment spending, which will reduce aggregate demand and reduce inflation.

Explanation:

If the FED announces that it will increase the federal funds rate, it will increase the interest that banks charge other banks for lending them money in order to  comply with the reserve ratio. This increase would make banks hand out less loans and be more careful in order to reduce their need for overnight funds.

If banks reduce their loans, their capacity for creating money will also be reduced, lowering the consumption level and investment spending of both workers (households) and private firms.

6 0
3 years ago
Other questions:
  • Leary Manufacturing Corporation purchased 5,000 shares of its own previously issued $10 par common stock for $115,000. As a resu
    13·1 answer
  • _____ planning is short-range, detailed planning that is based on long-range planning. It typically has a time frame that is les
    11·1 answer
  • You see a used sporty car that you would like to own. It costs $9,000 and you would pay 7.2% interest, compounded monthly and fi
    11·1 answer
  • 2. Statistically, consumers tell more people about negative experiences in business encounters than about positive experiences.
    6·1 answer
  • Rhonda received a voice message marked "urgent," but due to the poor quality of her phone's speakers, she was not able to unders
    11·1 answer
  • New Schools is an all-equity company with an expected EBIT of $94,000 every year forever. The company can borrow at 7.4% while i
    11·1 answer
  • On January 1, 2021, Ithaca Corp. purchases Cortland Inc. bonds that have a face value of $330,000. The Cortland bonds have a sta
    7·1 answer
  • Super Value Store has a commercial general liability policy written with a general aggregate limit of $300,000 and an occurrence
    11·1 answer
  • Which targeting option is best for influencing consideration?.
    15·1 answer
  • justin corp. issues 10,000 shares of $1 par value common stock for $5 per share. the journal entry to record this transaction wi
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!