Answer: C. An estimate that offers to provide goods and services at a
specified price and sometimes by a specified date
Explanation:
is the correct answer
There are several reasons why this type of projects are nearly impossible to stop once they have been approved, even when costs skyrocket.
First, it is difficult to stop these projects because, when these start, a lot of moeny is put into them. When the cost begins to skyrocket, people believe that to stop the project would mean wasting all the money already invested. This prevents people from stopping the projects.
Another reason is the fact that many different companies, investors and institutions are involved in these projects. Coordination is difficult, and pmany parties have a vested interest in the completion of such works. This makes it difficult for the different parties to agree on the right moment to stop.
Answer:
27.14%
Explanation:
EFF ( effective annual interest rate) = ( 1 + ( rate / number of periods)^n -1 = ( 1 + ( 0.2425 / 12)^12 -1 = 0.2714 = 27.14% where rate = 24.25% and number of periods = 12 months
Based on project management, the <u>Network Diagram</u> is a roadmap that displays how all the specific activities fit together to accomplish the project work scope.
<h3>Network Diagram in Project Management</h3>
Generally, Network Diagram is a tool used by project managers to visualize the whole concept before the work is carried out. It is also used throughout the project to determine how the work is to be done, including the duration and methods, sequence, and dependency.
<h3>Benefits of a Project network diagram</h3>
- Visual representation of work or project in progress.
- Ascertaining project workflows.
- Tracking dependencies and potential stoppages.
Hence, in this case, it is concluded that the correct answer is Network Diagram.
Learn more about Network Diagram here: brainly.com/question/8147877
You are using money primarily as a : Store of value
Money as a store of value is something that maintains its worth both in the present and in the future, with money being one such commodity in modern.
When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.
Other characteristics of money includes :
- Medium of exchange
- Unit of account
- Standard of value
Hence, you are using money primarily as a store of value if you place a part of your summer earnings in a savings account.
Learn more about functions of money here : brainly.com/question/25959268
