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Citrus2011 [14]
3 years ago
14

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

Business
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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Answer:

<h2><u>Credit Card Statements</u></h2><h2><u>Tax Returns </u></h2><h2><u>Bank Statements</u></h2>

Explanation:

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3 years ago
Suppose Chef Kitchen manufactures cast iron skillets. One model is a​ 10-inch skillet that sells for $ 28 . Chef Kitchen project
Lerok [7]

Answer:

production schedule for July = 815 10-inch skillets

Explanation:

price of 10-inch skillet $28

projected sales 625 units

costs:

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  • direct labor $3
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beginning inventory 60 units

ending inventory 40% of August sales

production during July = (projected sales - beginning inventory) + (40% x projected sales August) = (625 units - 60 units) + (40% x 625 units) = 565 units + 250 units = 815 10-inch skillets

6 0
3 years ago
The company is currently selling 5,000 units per month. Fixed expenses are $243,000 per month. The marketing manager believes th
REY [17]

Answer:

If the company decides to increase its advertising budget, its net profits will  decrease by $200 (= $56,800 - $57,000).

Explanation:

The company is currently selling 5,000 units per month at $150 per unit, and its total variable costs are $90 per unit.

Fixed expenses are $243,000 per month.

Current income statement:

sales revenue =                    $750,000

minus variable costs =         ($450,000)

<u>minus fixed costs =              ($243,000)  </u>

net income =                           $57,000

If the company increases its advertising budget be $11,000 it should sell 180 more units per month, the new income statement would be:

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minus variable costs =         ($466,200)

<u>minus fixed costs =              ($254,000)  </u>

net income =                           $56,800

If the company decides to increase its advertising budget, its net profits will  decrease by $200 (= $56,800 - $57,000).

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Who is John Kulczyk ?
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