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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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A company resells 10,000 shares of treasury stock for $22 per share. The stock was purchased in a previous year for $18 per shar
lys-0071 [83]

Answer:

$0, income statement s not affected.

Explanation:

The purchase and resale of treasury stock does not affect the income statement. When a company's treasury stock is resold, additional paid-in capital increases (if the stock were sold at a price above cost) or decreases (if the stock were sold at a price below cost).

5 0
2 years ago
The president of the Micro Brewing Corporation asks you, as the company economist, to forecast changes in consumer beer purchase
umka21 [38]

Answer:

It is more profitable to raise the selling price by $2.

Explanation:

To determine whether the company should raise the selling price, we need to determine the effect on income. <u>The best option is the one with the higher sales revenue.</u>

Sales revenue= selling price * number of units

<u>Current:</u>

Sales revenue= 5.5*2,200= $12,100

<u>Proposal:</u>

Sales revenue= 7.5*1,800= $13,500

It is more profitable to raise the selling price by $2.

7 0
3 years ago
The income statement for Stretch-Tape Corporation reports net sales of $540,000 and net income of $65,700. Average total assets
Mnenie [13.5K]

Answer:

7.3%; 12.17%; 0.6 times; 15.95%

Explanation:

Return on assets:

= Net Income ÷ Average total assets

= ($65,700 ÷ $900,000) × 100

= 7.3%

Profit Margin:

= Net Income ÷ Net Sales

= ($65,700 ÷ $540,000) × 100

= 12.17%

Asset Turnover:

= Net Sales ÷ Average Total Assets

= $540,000 ÷ $900,000

= 0.6 times

Return on Equity:

= Net Income before dividend ÷ Equity

= [($65,700 + $30,000) ÷ $600,000] × 100  

= ($95,700 ÷ $600,000] × 100  

= 15.95%

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3 years ago
A small private entity may use less formal means to ensure that internal control objectives are achieved. For example, extensive
Mama L [17]

I need help on this too

8 0
3 years ago
A person with a poor self-concept is more likely to be hired for a position, because they are easier to “mould”.
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Answer:

False.

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Self-concept describes the kind of person or personality an individual thinks he or she has.

People that have a realistic self-concept about themselves basically see themselves as they are, not what they or the society at large wants them to be.

The statement that a person with a poor self-concept is more likely to be hired for a position, because they are easier to “mould” is false and an absolutely incorrect notion.

First of all, no organization is interested in hiring an individual with a poor self-concept because they can't add any value to the organization in the long-run.

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3 years ago
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