A person that in at least one level higher than the contracting officer is allowed to sign a determination and findings justifying the use of an award-fee contract. An award fee contract is defined as additional profit or fee aount that is awarded based on evaluations during different periods of time for contractors on their performance. This type of evalution is done based on the specific company and their needs.
Answer:
The calculated payback is less than a pre-specified number of years.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.
Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.
The Payback Period Rule states that a company will accept a project if the calculated payback is less than a pre-specified number of years.
Additionally, investors and project managers are advised to only invest in projects that are having a positive net present value that is greater than or equal to zero.
Answer:
The correct answer is letter "C": The Business Judgment Rule.
Explanation:
The Business Judgment Rule is a law that protects a company's Board of Directors (BoD) from inconsistent allegations from shareholders stating that the BoD is acting against the stakeholders' interest. The law presumes that members of the BoD act in "<em>good faith</em>" and that they do not always make the best decisions.
The Business Judgment Rule helps managers, in such a way, to avoid laws where there is no substantial proof that they had intentions to go against the investors' will.
Answer:
1 and 3 or A and C
Explanation:
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Answer:
The most that Johnson would be willing to spend on this project is $167706.
Explanation:
the most that Johnson would be willing to pay
$42000*3.993
= 167706
Therefore, The most that Johnson would be willing to spend on this project is $167706.
