Traditional project management focuses on thorough planning up front. Such planning requires predictability.
The traditional project management is a practice which includes a set of developed techniques which are used in order for planning, execution, monitoring, closure, and estimating. Here the projects are run in a sequential cycle.
The planning which is done in traditional project management, this planning requires predictability. Thus, the predictability is considered an important factor here. A traditional project management focuses on upfront planning where factors like cost, scope, and time are given importance.
Hence, the entire project is planned upfront without any scope for changing requirements.
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New goods or Services or Improvement in offering goods or services.
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Innovation is the process and outcome of creating something new, which is also of value.
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Answer:
3. The client is likely to perceive others as being closer than they are and feel threatened
Explanation:
To "lose control", refers to a state of inability to maintain one's calm and composure, in addition to losing the ability to judge a situation or act and decide rationally.
When in such a state, an individual may act violently or impulsively. Such a state of mind is accompanied by very high levels of anxiety and uneasiness.
In the given case, the client is undergoing such a state as a consequence of which there is high level of anxiety as well as agitation. In such turbulence state, it is advisable for the staff to maintain some distance from the client so as to ease the client and calm him down.
Since in such a state of high intensity, an individual is likely to perceive others closer to him than they actually are, which may augment the anxiety levels.
The net present value is 12,100. The investment should be made because NPV is positive
The present value of an investment's after-tax cash flows is known as the investment's net present value.
Businesses can make decisions using the NPV technique. It aids in not only comparing projects of the same size but also in determining whether a given investment is profitable or not.
While the net present value has advantages such as taking time worth of money into an account and assisting management in making better decisions, it also has drawbacks such as not taking hidden costs into account and being unable to be utilized by the company to compare projects of various sizes.
NPV =( Net annual cash flows x present value factor) - cost
NPV = (44,000 x 5,02 ) - $208,780 = 12,100
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Answer:
For people, it opens up a world of opportunities, reduces the burden of disease and poverty, and gives greater voice in society. For nations, it opens doors to economic and social prosperity, spurred by a dynamic workforce and well –informed citizenry able to compete and cooperate in the global arena
