you have completed your estimates for your project and determined that it will take 10 months to complete. however, your project sponsor insists that it be completed in 9 months. how do you handle this?
Answers
As a project manager, it is important to ensure that the project is completed within the stipulated time and budget. However, it is also essential to understand that the project manager's job is to communicate the project's expectations and requirements to the stakeholders in an efficient and effective manner.
Here are the steps to take to handle the situation where your project sponsor insists that the project be completed in 9 months instead of the estimated 10 months:Step 1: Evaluate the Impact:Firstly, the project manager should evaluate the impact of completing the project within nine months instead of ten months. This should include assessing the risks and challenges associated with accelerating the project timeline.
Once the impact analysis is done, the project manager should create a report that details the implications of the change in schedule.Step 2: Present the Analysis to the Sponsor:After completing the analysis, the project manager should schedule a meeting with the project sponsor and present the findings. During the presentation, the project manager should explain the risks and challenges associated with reducing the project timeline.
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Related Questions
Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
Answers
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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If at the end of a period, a company has $400 in cash, $100 in accounts
receivable, and $100 in accounts payable, the post-closing trial balance will
show _____worth of debits.
A. $200
O B. $400
O C. $600
O D. $500
Answers
The post closing balance will show $500 worth of debits.
This is because if a company has $400 in cash, that is considered an asset for the company. Cash is an asset for the business.
Accounts receivable is an asset as well because it is the amount that debtors owes the business. It’s the amount that debtors should give to us the business.
Value takes into account both benefits and price. If price is decreased but benefits remain the same, then.
Answers
Value considers both benefits and price. If the price remains constant but the benefits increase the value increases.
The maximum amount an individual will pay for a given good or service is referred to as its economic value. It is determined by a product's benefit and price. The value will rise in tandem with the benefits. The economic value is useful when determining prices at which firms can profit.
If the price remains constant but the benefits increase the value increases.
Demand for goods and services follows the same inverse relationship. When demand rises while supply remains constant, the higher demand leads to a higher equilibrium price and vice versa. Supply and demand fluctuate until an equilibrium price is found.
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The free cash flows (in millions) shown below are forecast by Simmons Inc. If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the Year 0 value of operations, in millions?
Year: 1 2 3 Free cash flow: −$20 $42 $45
$680
$648
$617
$586
$714
Answers
Answer:
If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, ...
Explanation:
According to the law of supply what's the result of an increase in the supply of workers for a job if all other factors remain equal?
Answers
Answer:
According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.
Explanation:
The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.
Answer:
The wage rate for that job will be pushed down.
Explanation: I just took the test and got it right
Blank are for profit financial organizations that have account holders
Answers
The US Senate has approved approximately how many treaties?
O 2.500
O 1,500
O 2,000
O 1.000
Answers
Answer:
2500
Explanation:
The United States Senate has approved approximately 2500 treaties. This assertion is based on the statistics that fifty years after the United States independence, the US Senate has only approved 60 treaties. By the period World War II began in 1939, the US Senate has approved another 800 treaties. Also, between 1940 to 1989, the United States Senate has approved an additional 759 treaties. And between 1989 to this moment, the United States Senate has reportedly approved 890 treaties.
Hence, summing all of them together, we have 60 plus 800, plus 759, plus 890, making it 2509 treaties. That is approximately 2500 treaties.
Answer:
B. 1,500
Explanation:
It’s on the passage
Which of the following lot-sizing techniques results in the lowest holding costs?
A) Wagner-Whitin algorithm
B) POQ
C) EOQ
D) the quantity discount model
E) lot-for-lot
Answers
The lot-sizing technique that results in the lowest holding costs is EOQ (Economic Order Quantity).
The Economic Order Quantity (EOQ) model is designed to minimize the total inventory cost, which includes both holding and ordering costs. By finding the optimal order quantity, EOQ helps achieve a balance between these costs, thus resulting in the lowest holding costs compared to other techniques. Wagner-Whitin algorithm and POQ (Periodic Order Quantity) focus on minimizing total costs, but they may not necessarily achieve the lowest holding costs.
The quantity discount model considers purchasing in bulk to take advantage of discounts but can lead to higher holding costs. Lot-for-lot is more concerned with matching order quantities to demand, without explicitly minimizing holding costs. Therefore, EOQ is the most suitable option for achieving the lowest holding costs.
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To include the personal assets and transactions of a business's owner in the records and reports of the business would be in conflict with the: Multiple Choice Objectivity principle.
Answers
To include the personal assets and transactions of a business's owner in the records and reports of the business would be in conflict with the: Objectivity principle.
What's objectivity principleThe objectivity principle is one of the fundamental accounting principles that require financial statements and reports to be free from bias, errors, and personal opinions.
Including personal assets and transactions of a business owner in the records and reports of the business would violate this principle as it would introduce a significant amount of subjectivity and personal bias into the financial records of the company.
This could lead to inaccurate reporting, which could affect the decisions of stakeholders such as investors, lenders, and other interested parties.
To maintain objectivity in accounting records and reports, it is crucial to keep personal assets and transactions of the business owner separate from those of the business.
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When team members have different values, which of the following can happen? Check all that apply.
-Team members are more likely to exhibit organizational citizenship behaviors.
-Team members will have higher self-esteem.
-Team members are likely to be less involved in the team.
-Team members will disagree over the tasks the team needs to do.
Answers
Answer: I think its Team members are more likely to exhibit organizational citizenship behaviors
Explanation:
The cost for decorations and the disc jockey for the homecoming dance was $1,800. The class members sold 279 tickets and made a profit of $3,450. If x represents the price of each ticket sold, which equation could be used to find x?.
Answers
If x is the cost of each ticket sold, then the cost is $ 1800 and the profit is $3450, which equals 279 tickets.
The required details for cost in given paragraph
A cost is the amount of money that was expended during the creation or provision of a good or service and is now not usable. It's possible for a cost in business to be an acquisition cost, in which case the cost is the total amount of money spent on the acquisition.
We should now construct an equation for this circumstance.
tickets ⋅ \sprice − cost = profit
Everything is known to us except the cost. Add all the data that we are aware of to the equation: Now that we know the price is 279 price times $ 1800, we can figure out the price.
279 ⋅ price − $ 1800 = $ 3450
279 ⋅ price = $ 3450 + $ 1800 = $ 5250 \s price = $ 5250 279 \s price ≈ $ 18.82
Each ticket cost 18.82.
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The envrionmental disadvanteges associated with natural gas include : ____________
Answers
Answer:
Natural Gas Emits Carbon Dioxide: One of the biggest disadvantage of natural gas is that it emits carbon dioxide which is bad for our atmosphere.
what is a core feature of all work teams?
Answers
Members of successful teams prioritize the group aim over personal interests as one of their defining traits.
Why are work teams necessary?Employee engagement is increased via teams, which permit employee input into operational choices. They are a powerful tool that management may use to democratize the workplace, encourage employee input into operational choices, and raise employee engagement.
What characteristics distinguish a successful team?A common aim and strategy are pursued by effective teams in order to achieve their objectives. Respect is shown for one another by team members and management in healthy teams. The team respects the contributions and skill sets of each individual. People that have various strengths can collaborate when they are part of a team.
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Answer:
shared purpose
Explanation:
Which type of promotion would you use to attract customers quickly with the help of coupons, samples, and free gifts?
(blank) is a way of promoting your products and attracting customers quickly with the help of free coupons, vouchers, samples, and gifts.
Answers
Answer:
Sales promotion
Explanation:
Sales promotions refer to the persuasive activities of convincing potential customers to buy a product. The objective of a sales promotion is to boost sales volumes. The tactics used in a sales promotion are designed to have a short term effect. However, a business may acquire long-term customers through sales promotion techniques.
Sales promotion may focus on customers by enticing them to buy. They may also target traders by encouraging them to sell more. The techniques used in a sale promotion include Money off coupons, Competitions, Free gifts, Loyalty cards, Discount vouchers, among others.
Answer:
Sales promotion may focus on customers by enticing them to buy. They may also target traders by encouraging them to sell more. The techniques used in a sale promotion include Money off coupons, Competitions, Free gifts, Loyalty cards, Discount vouchers, among others.
Explanation:
Which statement is true regarding open economies?
O Open economies have less of an opportunity to earn profit.
O Open economies only sell products domestically.
O Open economies are slow to grow.
O Open economies engage in international trade.
Answers
Answer:
Open economies engage in international trade
Explanation:
whereas, open economy means an economy where goods and services are traded with other countries without rules or limits.
magine you are the CEO of Noodle Soup, a company that sells ramen noodles.
1) Give one example of each of Porter's five primary competitive forces in Noodle Soup’s environment.
2) Explain the possible impacts of each to Noodle Soup.
3) Identify three possible Compliments that Noodle Soup could offer its customers.
Answers
Threat of new entrants: A new ramen noodle company enters the market and offers a wide variety of unique flavors and affordable prices, attracting customers away from Noodle Soup.
Bargaining power of buyers: Noodle Soup's main customer, a large supermarket chain, negotiates lower prices and better terms due to its size and buying power, putting pressure on Noodle Soup's profit margins. Bargaining power of suppliers: Noodle Soup heavily relies on a specific supplier for its key ingredient, noodles. The supplier increases prices, affecting Noodle Soup's production costs and profitability.
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PLEASE HELP!!!!!!
TRUE/FALSE: Having product knowledge will make you more confident when assisting customers.
True
False
Answers
Answer:
true
Explanation:
True because this is what makes the customer's experience better with the staff
Earning and Spending Unit Test
What is typically included in COGS? (1 point)
O raw materials
O storage costs for the inventory
O wages associated with creating the item
O All of the answers are correct.
Answers
Answer:
all the answers are correct
Explanation:
The cost of goods sold include raw materials, storage cost for inventory, and wages. The correct option is D.
COGS include raw materials, inventory storage costs, and wages associated with creating the item. D is the correct answer.
What is covered by a service provider's COGS?It encompasses any expense directly related to creating a good or providing a service. These expenses can cover labour, supplies, and shipping. The goal of COGS is to quantify all variable expenses that are directly related to producing a good or providing a service.All direct expenses incurred to produce the goods a business sells are included in COGS. The majority of these expenses are the product's variable manufacturing costs, such materials and labour, although others may be fixed expenses, like factory overhead.Costs of Goods Sold (COGS) are the expenses incurred over a specific time period to produce your goods. COGS is calculated as starting inventory less purchases minus ending inventory.To Learn more About COGS, Refer:
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What states have the highest percent of their credit economy with prime credit scores?
Answers
Wisconsin: 732.
South Dakota: 731.
Vermont: 731.
North Dakota: 730.
Washington: 730.
Differentiate the Single and Double Entry Book-Keeping in your own words. Furthermore, briefly explain the objectives of Double Entry Book-Keeping.
Answers
Answer:
See below
Explanation:
A single entry book keeping is when a cash book is being maintained to record income and expenses. In a single entry book keeping, only one entry is made per transaction like we have in check register.
Double entry book keeping is when an accounting entries have two sides, debit and credit leg. The right hand side is the debit while the left side is the credit.
Objectives of double entry book keeping
• To provide accurate recording of business transactions to management
• When there are problems in financial matters, book keeping assist in solving this problems through its systematic record of financial transactions .
• Book keeping also provide information to the management for making plans and decisions relating to finances.
Why are performance reviews important to workers and employers?
Answers
pe Problems
he following transaction of Raj:
Raj started business with cash Rs 20,000
Purchased goods for cash Rs 4,000
Goods purchased from Rabina Rs 4,000
Furniture purchased from Kailash for Rs 6,000
l entries
Account
Answers
Answer:
cash a/c .......Dr rs.20000
To, capital a/c rs.20000
According to CSI, which of the following is in the project manual? a. General requirements b. Estimate c. schedule d. Certificate of occupancy
Answers
According to CSI (Construction Specifications Institute), General requirements is in the project manual Option A.
The project manual serves as a comprehensive guide for the contractors, architects, and other stakeholders involved in the project. It typically includes sections on general requirements, bidding and contracting requirements, technical specifications, and other project-specific information. The project manual does not typically include the estimate or schedule, as these are separate documents that are typically created by the contractor. Instead, the project manual provides the detailed technical requirements and specifications that the contractor must follow when preparing the estimate and schedule. The certificate of occupancy, which is a document issued by the local government certifying that a building meets all applicable codes and regulations, may be included in the project manual or provided separately.
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The table below shows the measurements M1 and M2 taken by the same analyst. Draw a scatter plot of the data.
M1 0.243 0.352 0.357 0.469 0.444 0.555 0.552
M2 0.245 0.348 0.361 0.470 0.439 0.560 0.548
a.
C.
0.75
0.75
0.625
0.625
.
0.5
0.3
.
0.375
0.375
2
0.23
0.25
0.125
0.125
0.125
0.25
0.375
0.5
0.62
0.125
0.25
0.375
0.5
0.62
Answers
Answer:
Its C
Explanation:
Answer:
C
Explanation:
ifunny is dankreloaded
Which one is closely related to a check? A. Debit card
B. Credit card
C. Direct deposit
D. PIN
Answers
Answer:
C. Direct deposit
How does the changes in the Mexican peso affect your life?
Answers
Answer:
The Mexican peso produces higher returns than the U.S. dollar because of higher interest rates.
Explanation:
if your comparing the 2 places
__________ goods and services represent those products that consumers are unaware of or haven't thought of buying
Answers
Answer:
UNSOUGHT GOOD & SERVICES
There are now twice as many people in the household, but your income has also doubled. Is your new tax liability about twice as much as when you were single, more than twice as much, or less than twice as much? Tell whether you think this difference- or the lack of one- seems fair
Answers
Answer:
It is fair because due to marriage the resources tends to accumulate and thus the common expenses like living housing eating costs goes down than they were sustaining when they were not married.
Explanation:
Solution
It will result in higher tax due to the marginal rate rising due to increase in income plus due to joint filing after marriage.
The difference seems to be fair from the point of view that due to marriage the resources become pooled and thus the common expenses like living housing eating costs come down than they were incurring when they were single. Hence, they can now afford to pay higher taxes and it kind of does seem fair.
What is the first step in the standard purchasing process practiced by most
companies?
A. Solicit bids
B. Requisition
C. Invoicing
D. Purchase order
Answers
Answer:
B. requisition
Explanation:
i have done this before, hope i helped
Hope its help for your questions
Strategies for managing conflict
Answers
Can I get a brainest point plsssssss
1. Don't Ignore Conflict
If you're someone who dislikes dealing with conflict, it might seem tempting to just put your head in the sand and pretend it doesn't exist, hoping it will resolve itself on its own. While this sometimes can happen, the truth is that the vast majority of the time, this will only cause the situation to get worse. Ignored conflicts have a tendency to fester over time and reappear at inopportune moments, so do your team a favor and address conflicts when they occur, nipping a potentially toxic situation in the bud as soon as you recognize it.
2. Clarify What the Issue Is
If you're dealing with a conflict between two members of your team, it's important that you get all the facts. Sit down with each individual involved and find out exactly what the issue is. How is each individual perceiving the situation? What needs are not being met? What does each party see as an appropriate resolution? Make sure that all parties involved understand that you are acting as an impartial mediator, and let them know they can feel comfortable to share sensitive information.
3. Bring Involved Parties Together to Talk
Once you've had a chance to talk to all involved parties separately, bring them together in a meeting so that they can hash out their differences in a neutral environment. This is a time for brainstorming, active listening, and being open to different perspectives - the goal is to come to a common understanding of what the problem is, what role each individual is playing in the conflict, and what some possible solutions might be.
4. Identify a Solution
After both parties have had a chance to discuss the situation at hand, it's time to identify what a satisfactory resolution might be - and how to get there. Ideally, by this point, both parties will understand the other's side, and oftentimes the conflict will be resolved just through facilitated, open dialogue. However, if the situation requires further resolution, you will need to step in and help them negotiate a reasonable solution. This phase can require some time and effort, as it requires both parties to set aside their differences and preferences and find some common ground to work towards (which may involve not getting everything they want out of the situation). Then, work with both individuals to come up with a concrete list of steps that will result in the solution being achieved.
5. Continue to Monitor and Follow Up on the Conflict
Just because a solution has been identified and addressed doesn't mean it will just go away. As a manager, it's your responsibility to check in with both parties to ensure that the conflict has truly been dealt with, and that the steps identified to reach a solution are being followed. If all seems to be going well, simply remember to stop and observe from time to time, just to see if things really are going smoothly or if there are still lingering tensions under the surface that need to be handled. If it's clear that the solution didn't work, or wasn't the right resolution for the situation, make sure to be proactive in working with both parties to readjust expectations, identify alternative solutions, and continue their dialogue to create a positive and healthy work environment.