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3 years ago

The one thing that can help establish your right to lead the project more than anything else is

2 answers:

s2008m [1.1K]3 years ago

7 0

To establish your right to lead the project more than anything else, you need to know these triple constraints (scope, budget, and schedule). You have to remember and apply these three things to lead the successful project.

EXPLANATION

You have to know how the scope of your project. Next, you have to know how much the budget needed. Last but not least is having a timeframe. Thus, the project will run smoothly.

Here are 3 tips for project management:

• Project management is an art

It’s an art because a successful Project Manager must combine its leadership skill, people management, and people soft skills. There is no fixed formula, calculate the risk, reach the goals and place the right men in the right place at the right time.

• Well understanding the project

Understand means you know what the case is, how much you need to spend money on it, think the model to finish it efficiently and set the timeline and schedule. As Project Manager, you have to ensure that your project is a realistic business case (reachable)

• Creating a good relationship

It seems like you have to do a lot of things since your first day. Yet, to gain a successful project, Project Manager should ensure that what had planned runs in the right track (according to schedule, budget and its model).

The last important thing is to have fun. Have fun and enjoy the process with your people.

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• The type of leadership: brainly.com/question/4127203

Keyword: project management, leadership, project plan

Subject: Business

Class: 10-12

Subchapter: Project Management

Anarel [89]3 years ago

4 0

Ability to balance the project budget

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3 years ago

Jake wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacati

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Answer:

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Explanation:

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3 years ago

What does surplus mean in Economics?

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2 years ago

On June 1, 2018, Perfect Performance Cell Phones sold $ 17,000 of merchandise to Ashton Trucking Company on account. Ashton fe

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Answer:

See answers and explanation below.

Explanation:

1. Journalize the transactions for High Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold.

Date Details Dr ($) Cr ($)

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To record sales to Ashton Trucking Company on account.

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5 Mar. 19 Account receivable 11,000

Bad debt 11,000

To record transfer of bad bad back toaccounts receivable.

5 Mar. 19 Cash 11,000

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To record cash received from Ashton Trucking Company.

2. What are some limitations that High Performance will encounter when using the direct write-off method?

a. It is not in line with the matching principle. This is because bad debt expenses will not be reported in the same period they are incurred and might not be realized as bad expenses until the following period.

b. It can cause inaccurate balance sheet as it does give the actual amount of accounts receivable of a company.

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d. It overstates accounts receivable as the full amount of amount owed to the company from credit sales will be reported as accounts receivable.

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2 years ago

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