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tankabanditka [31]
3 years ago
6

The earned value system starts with the time-phased costs that provide the project baseline, which is called the ___________.a.

Planned budgeted value of work scheduled. b. Scheduled value of work completed. c. Planned budgeted value of work completed. d. Earned value of work scheduled. e. Scheduled value of work scheduled.
Business
1 answer:
nikklg [1K]3 years ago
7 0

Answer:

A. Planned budgeted value of work scheduled.

Explanation:

Earned Value system is a technique used in project management in estimating how well a project is doing in terms of the project budget and allocated schedule. It is used in estimating project efficiency in terms of the estimated deliverables. It helps in checking of the project is going according to "plan". Project efficiencies are measured against the baseline of a project which is the planned budgeted value of work with the aid of earned value system in order to quickly track any deviations in the project.

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Which of the following terms is not used in project management? A. Dummy activity. B. Latest finish. C. Optimistic time. D. Lump
zavuch27 [327]

Answer:

Lumpy demand is not used in project management.

The correct answer is  D

Explanation:

Dummy is a zero activity, which helps in network analysis.

Activity refers to a task in network analysis.                                                              

Latest finish time is the latest completion time of a project in network analysis.

Lumpy demand refers to low demand as a result of higher cost. It is not used in network analysis (project management)

8 0
3 years ago
Sam, an engineer, supervises the construction of a new bridge. When the bridge collapses due to faulty construction, Sam is sued
aleksandr82 [10.1K]

Answer: Other Engineers.

Explanation:

Sam is held responsible for the bridge collapse based on his role as the engineer in charge of the project. As an engineer care has to be taken in making accurate calculations and design to ensure there are no accidents or failure as a result of poor design.

3 0
4 years ago
You own a store. Beginning inventory on January 1 was $4,000. Ending inventory on December 31 was $4,500. You purchased $22,000
Butoxors [25]

Answer:

Explanation:

(a) The computation of the cost of goods sold is shown below:

= Beginning inventory + Purchase of new merchandise - ending inventory

= $4,000 + $22,000 - $4,500

= $21,500

(b) In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.  

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

7 0
3 years ago
Anna is a team leader at Shine Design Inc Gavin is her least preferred employee because he makes silly mistakes in his reports.
hammer [34]

Answer: (A) Relationship-oriented

Explanation:

 The relationship-oriented is one of the type of leadership style whose aim is to focus on motivating other people and also provide the satisfactory solution to the different types of team members by establishing an emotional and a meaningful relationship.  

According to the given scenario, Anna has a relationship oriented as Anna is the team leader and he also believed that the he can provide a valuable resource to an organization because of hardworking and the sincere nature towards the work.      

 Therefore, Option (A) is correct answer.

7 0
4 years ago
Haulsee Inc. builds 800,000 golf carts a year and purchases the electronic motors for these carts for $370 each. Ordering costs
Neporo4naja [7]

Answer:

Correct answer is c. $211,555.

Explanation:

Here inventory cost means total ordering cost plus total carrying cost for they year. This can be determine by using simple EOQ (economic order quantity) formula given below.

EOQ =((2* Annaul Requirement * cost per order)/carrying cost per unit)^ (1/2)

EOQ = ((2*800,000*540)/(370*14%))^(1/2)

EOQ = 4,084 units

so

Total order cost = 800.000/4,084 * 540 = 196 (aprox) *540 = 105,840 -A

Total Carrying cost = 4,084/2 * (370*14%) = 105,776-B

Total Cost = A+B = $ 211,555 (aprox)

0 0
3 years ago
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