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vlada-n [284]
3 years ago
13

Create your own WBS is for a project by using the mind-mapping approach. Break at least two level two items down to level four.

Try to use mind view software from www.matchword.com, if possible. You can also create a mind map by using similar mind mapping software or a tool like powerpoint.
PLEASE HELPPPP
Business
1 answer:
bonufazy [111]3 years ago
6 0
Experienced project managers know that many things can go wrong in projects, regardless of how successfully the work is planned and executed. Component or full-project failures, when they do occur, can often be traced to a poorly developed or nonexistent WBS. A poorly constructed WBS can result in adverse project outcomes including ongoing, repeated project re-plans and extensions, unclear work assignments, scope creep or unmanageable, frequently changing scope, budget overrun, missed deadlines, and unusable new products or delivered features.

The WBS is a foundational building block to initiating, planning, executing, and monitoring and controlling processes that are used to manage projects as they are described in the PMBOK® Guide—Third Edition (PMI, 2004). Typical examples of the contribution that the WBS makes to other processes are described and elaborated in the Practice Standard for Work Breakdown Structures–Second Edition (PMI, 2006).

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Prepare Hertog Company’s journal entries to reflect the following transactions for the current year. May 7 Purchases 200 shares
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Explanation:

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Dr Short Term Investments..............................10,000

Dr Broker Fess..........................................................300

Cr. Cash.................................................................................10,300

<em>Being purchase of 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees</em>

<em />

2. June 6 Sells 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150.

Dr Cash................................................................11,050

Dr Broker Fess........................................................150

Cr. Cash............................................................................10,000

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Being Sale of 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150

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