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ra1l [238]
4 years ago
6

Project managers need to recognize the risk of __________, which is the piling up of small changes that by themselves are manage

able, but collectively can cause significant project growth. Select one:
a. over allocation
b. critical path
c. triple constraints
d. scope creep
Business
1 answer:
Katena32 [7]4 years ago
8 0

Answer:

The answer to this question is D- Scope creep

Explanation:

Scope creep refers changes in the requirements of a project over a project life cycle. scope creep are uncontrolled growths in projects scope after the projects has begun

scope in project is the part of planning project that involves determining or identifying the specific goals, deliverable, features, functions, deadline  and cost. in other words, it refers to the overview of the project and what must be done for the project to be term successful.

Causes of scope creep

  • poorly defined initial requirements
  • starting the project with cost benefit analysis that are not up-to-date

 

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A big project budgeted at $20 million is running over budget by $1 million and behind schedule by four months at the 50% stage o
My name is Ann [436]

The person with the primary responsibility to solve the budget overrun and behind-schedule performance is <u>b: The Project Manager.</u>

<h3>Who is a Project Manager?</h3>

A project manager is a professional who organizes, plans, and executes projects under tight budgets and schedules.

The roles of the project manager include:

  • Planning and defining goals
  • Organizing and leading teams
  • Directing projects
  • Communicating with stakeholders
  • Ensuring timely delivery of projects, on budget, and within scope.

<h3>Answer Options:</h3>

a: The Project Champion

b: The Project Manager

c: The Project Management Office Manager

d: Senior Management

Thus, the person with the primary responsibility to solve the budget overrun and behind-schedule performance is <u>b: The Project Manager.</u>

Learn more about project management at brainly.com/question/6500846

8 0
2 years ago
Talus Inc. is considering a financial restructuring. Talus estimates its cost of debt is 6% and its cost of equity is 15.5%. Tal
adoni [48]

Answer:

WACC incorrect must be selected is the correct answer to this question.

Explanation:

The weighted average cost of capital is the amount of the valuation of the security x the cost of the security concerned. Thus, if the weight of defense increases at a high rate, the total average rate of assets rises as well.

In our present scenario, the weight of equity rises (as equity increased to repay the debt), and debt decreases (as debt is redeemed) and the cost of equity is 15.5 percent, which is higher than the cost of debt by 6 percent. As a result, the weighted average cost of capital increases.

5 0
3 years ago
Which aspect do you think is most important for an entrepreneur in order to achieve venture capital? Why?
Vinvika [58]

Answer:

savings

Explanation:

Because as an entrepreneur u need to save for the business you are doing

4 0
3 years ago
Sabrina bought a new washing machine. She put $50 down and pays $50 per month for the next 10 months to be able to make the purc
MatroZZZ [7]

The credit she used is an installment sales credit.

Installments help you manage your liquidity and avoid unnecessary interest and fees. Installments are what you think of as a typical loan. Mortgages, car loans, or personal loans are examples of installment loans. These usually have a fixed payment and a specific end date.

Credit sales are a way for businesses to offer their customers short-term payment deferral options. The typical time frame for credit sales is 90 days or less. Credit sale discounts are often applied when the full amount is paid within a certain number of days.

Learn more about Credit sales here: brainly.com/question/25393740

#SPJ4

4 0
2 years ago
Explain one situation when you will use these two pricing strategies penetration pricing and skimming prices
Dominik [7]

Answer:

An electronic news portal that offers one complimentary month for something like a free trial service or an institution that offers a free bank account for 6 months are both instances of penetration pricing.

A pricing technique known as price skimming is establishing a premium charge when other rivals enter the market. For instance, the Playstation 3 was initially priced at $599 in the United States, but has now been lowered to around $200.

5 0
3 years ago
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