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murzikaleks [220]
3 years ago
11

4. What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith

and Mantel
Business
1 answer:
lukranit [14]3 years ago
6 0

Answer:

Fulfilling client's expectations

Explanation:

Project management can be defined as the use of skills, tools and knowledge to effectively execute a project.

The Project Management Institute (PMI) aims to develop the project management profession.

PMI definition proposed by Meredith and Mantel has included client satisfaction as a criteria for project success.

Initially client satisfaction was not included in Project Management definition.

According to them project management is the use of skills, tools, and knowledge to meet and exceed customer expectations.

This definition now different from the previous one that focuses on meeting project specifications

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. Which type of credit requires that borrowers carefully manage the debt so it doesn't get out of control? Explain why this type
Nata [24]

Answer:

The type of credit that requires borrowers to carefully manage debt so that it doesn't get out of control is revolving credit. The customer can purchase anything they want up to a certain amount each month, and if the borrower does not carefully manage their revolving credit, it could get out of control.

4 0
3 years ago
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Sandstorm Corporation decides to develop a new line of paints. The project begins in 2019. Sandstorm incurs the following expens
Whitepunk [10]

Answer:

$0 and $12,750

Explanation:

To check deductions for 2019 and 2020, we need to check total expenses:

Total Expenses = $85,000 + $30,000 + $12,500

= $127,500

Since it has a 60 month deferral and amortization period, we need to check for each month. Therefore we have:

=Total expenses / 60months

= $127,500 ÷ 60 months

= $2,125

Therefore, in 2019 there's no benefit or deduction since all expenditures are made.

To get the 2020 the deduction we use:

= Monthly amortization or defferal cost * number of months

= $2,125 × 6 months

= $12,750

The 6 months is calculated assuming books are closed on December 31. It is from July 1 to December 31.

7 0
3 years ago
Why might one project have the highest pw while a different project has the largest irr? explain?
Hunter-Best [27]
<span>The difference may lie in the project life, sometimes referenced as the planning horizon. A project may have a large internal rate of return (irr), but a very short project life. A second project might have a lower irr, but a much longer life. In that case, the second project will return less per year, but will provide a return for many more years, resulting in a higher pw.</span>
8 0
3 years ago
Nadal Corporation manufactures custom molds for use in the extrusion industry. The company allocates manufacturing overhead base
Anna11 [10]

Answer:

C.$46,730

Explanation:

Nadal Corporation manufactures custom molds for use in the extrusion industry. Based on the data available we first see the formula to calculate the total manufacturing cost of the job 532.

In general, sum of all the cost directly or indirectly included in the manufacturing cost. Therefore the formula is as below

Total Manufacturing Cost = Direct Labor Cost + Direct Materials Cost + Manufacturing Overhead Cost.

Direct labor cost $36,800

Direct materials used $5,000

Predetermined manufacturing overhead rate based on machine hours $17  which is = $17 x 290 hours

Manufacturing cots= 4930$

Total Manufacturing Cost = 36800 + 5000 + 4930

Total Manufacturing Cost = 46,730$

3 0
3 years ago
Which type of join is most commonly performed using standard queries in Access?
OleMash [197]

Answer:

below

Explanation:

Access creates inner joins automatically. Inner joins are the most common type of join. They tell a query that rows from one of the joined tables correspond to rows in the other table, on the basis of the data in the joined fields

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3 years ago
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