Traditional project management relies heavily on up-front planning and traditional project management requires that project scope and technology are predictable is true of the traditional project management approach concerning project scope and technology.
Task management is the method of main the paintings of a group to achieve all assignment dreams within the given constraints. This data is normally defined in venture documentation, created at the start of the development technique. The primary constraints are scope, time, and budget.
Challenge control can be described as the area of making use of particular methods and concepts to initiate, plan, execute and control the manner that new projects or adjustments are applied within an organization.
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Answer:
3. Correctly ignored a sunk cost
Explanation:
Sunk costs refer to those costs which have been incurred in the past and which can no longer be recovered. For example, past expenditure on research and development with no current or future benefits represent sunk costs which can no longer be recovered.
Sunk costs are irrelevant for decision making process as they do not relate to current projects and yield no economic benefit.
In the given case, Manuel had already purchased a $10 movie ticket, which can neither be transferred nor eligible for a refund. Later when he does not exercise the option of going for the movie and opts for a concert instead, the amount of 10$ spent on the movie represents a sunk cost which is non recoverable.
With a organizational structure groups that are performing similar tasks may be at risk of duplicating their work and they may also compete for shared resources is in the divisional structure.
In a divisional structure, many teams work alongside each other toward a single, common goal. Each of these divisions has an executive manager who manages how that branch operates, controls its budgets and allocates its resources.
Large companies do generally employ divisional structure because they have different divisions.
One example of the divisional structure is a car company which separates its company into SUV or sedan vehicle branches. While each branch has its own function, they all work toward the same goal of making a sale. This is known as the multi-divisional structure.
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Local taxes can be sales taxes
Answer:
Explanation:
Workings
Product A
Selling price 410,000
Income 1 410,000
Further processing
Incremental cost 290,000
Product B 5900 102 601,800
Product C 11,900 60 714,000
Total revenue 1,315,800
Incremental cost 290,000
Income 2 1,025,800
Income on further process , that is if an additional cost of 290,000 is spent on the initial cost that generated the sales of 410,000 = 1,025,800
Incremental income on further processing =1,025,800-410,000 = 615,800
Therefore , it is advised that it should be processed further.
