All categories

2 years ago

Week 1: Roles and Responsibilities in the Procurement Cycle

1 answer:

6 0

The project's procurement cycle (plan, conduct and control) according to the PMBOK Guide has as its central objective that external procurement for the execution of the project effectively meets your needs.

<h3>Planning</h3>

Planning corresponds to the stage where the purchasing requirements for the project are identified. A working document is developed with a detailed and specific request for proposal and invitation to bid.

It is in the planning phase where potential suppliers and vendors for hiring are identified.

<h3>Conduction</h3>

During the conduction phase, the acquisition agreements are signed and a plan for project management is carried out, with information regarding the cost, budget and schedule of the chosen supplier.

<h3>Control</h3>

In the control phase, it is up to the project manager to review the agreements, monitor the flow of work, progress and team performance to meet the budget and schedule.

Find out more information about procurement cycle here:

brainly.com/question/22590420

You might be interested in

Alfred, a trader at the New York Stock Exchange (NYSE), executes the decisions made by investors and takes action based on reque

densk [106]

Answer:

Capital Market

Explanation:

Capital markets are the financial markets which deal in bonds, stock, mutual funds and various other long term investments. Alfred is a trader who works at a capital market because that is the market where decisions are made by the investors and traders work accordingly. Moreover, traders in the capital market alter the decisions and make new ones based on the request of buyers and sellers.

8 0

3 years ago

you deposit $3000 each year into an account earning 4% interest compounded annually. how much will you have in the account in 30

Elan Coil [88]

The final balance is ₹9,730.2. The total compound interest is ₹6,730.2. If the deposit is $3000 each year and 4% interest.

<h3>How to calculate compound interest ?</h3>

Compound interest is the addition of interest to the principal sum of a loan or deposit, or interest on interest plus interest.

The formula for annual compound interest is as follows:

FV = P (1+ r/m)^mt

FV - the future value of the investment, in our calculator it is the final balance

P - the initial balance

r - the annual interest rate

m - the number of times the interest is compounded per year

t - the numbers of years the money is invested for

initial balance P = $3000

number of years t = 30

Interest rate r = 4%

interest is compounded m = 1

The value of your investment after 30 years FV = ₹9,730.2

The profit will be FV - P = ₹9,730.2 - $3000 = $6,730.2

The final balance is ₹9,730.2.

The total compound interest is ₹6,730.2.

To learn more about compound interest refer :

brainly.com/question/24274034

#SPJ4

8 0

1 year ago

At the start of this year 18 months rent was paid. At the year's end how will this affect the balance sheet

NemiM [27]

At the end of the year the item of the prepaid rent which included in the current assets would be decreased by 12 months rent of the year and would be shown the balance of 6 months rent for the coming year

4 0

3 years ago

Read 2 more answers

when the property being appraised is a one-unit property that will be used as an investment property, fannie mae requires that t

andreyandreev [35.5K]

the property being appraised is a one-unit property that will be used as an investment property, Fannie Mae requires that the appraiser must prepare a Form 1004, Form 1007.

Although Grounding has always been a unit of property that is available, it has never been linked as a unit that is compatible with Retirement in the job management system. Property Unit The AICPA advises giving an example to demonstrate how a taxpayer might be able to consider all section 1250 leasehold improvements that are a component of the same building as a single unit of property (or "UOP").

The Board of Directors approves the annual disposal of physical assets after an inventory is completed. Workshop Report: Meaningful Engagement of Indigenous Peoples and Communities in Marine Activities (MEMA), September 17, 2016, Brunswick, Maine, Bowdoin College.

To learn more unit property about:

brainly.com/question/16371208

#SPJ4

5 0

1 year ago

The bonds issued by Stainless Tubs bear a 6 percent coupon, payable semiannually. The bonds mature in 11 years and have a $1,000

Nostrana [21]

Answer:

The annual YTM will be = 6.133735546% rounded off to 6.13%

Explanation:

The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,

YTM = [ ( C + (F - P / n)) / (F + P / 2) ]

Where,

C is the coupon payment

F is the Face value of the bond

P is the current value of the bond

n is the number of years to maturity

Coupon payment = 1000 * 0.06 * 6/12 = 30

Number of periods remaining till maturity = 11 * 2 = 22

semi annual YTM = [ (30 + (1000 - 989 / 22)) / (1000 + 989 / 2)

semi annual YTM = 0.03066867773 or 3.066867773% rounded off to 3.07%

The annual YTM will be = 3.066867773% * 2 = 6.133735546% rounded off to 6.13%

6 0

2 years ago