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Lilit [14]
2 years ago
7

In general, for large and complex projects, which approach to project management is more likely to be a critical success factor

for project managers? Tragedy of the commons approach Socio-economic approach Technical skills Sociocultural approach
Business
1 answer:
Novay_Z [31]2 years ago
4 0

Answer: Technical skills

Explanation:

For a project that is large and complex, the manager involved needs to have skills that will enable them take advantage of any situation that arises be it Postive or negative by being able to use the technical skills that have.

Having Technical skills means that the manager as well as being able to handle the physical aspects of the project, will be able to handle other aspects as well such as financial, marketing and design.

Technical skills are definitely more

likely to be a critical success factor for the project manager.

You might be interested in
The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the q
Paul [167]

Answer:

The answer to the following question is: (-9.34)

Explanation:

Given that:

p = -0.07 x^2 - 0.7x  + 6

The price elasticity of demand = ( change in quality / change in price)

     =   (dp / dx)  (x/p)

     =   d / dx   (-0.07 x^2 - 0.7x  + 6)   x / p

     =   (-0.14x - 0.7)  x/ (-0.07 x^2 - 0.7x  + 6)

elasticity = (-0.14x^2 - 0.7x) / (-0.07 x^2 - 0.7x  + 6)

at x=5;

elasticity = (-0.14(5)^2 - 0.7(5)) / (-0.07 (5)^2 - 0.7(5)  + 6)

              = (-3.5 - 3.5) / (-1.75 - 3.5 + 6)

              =  -7/ 0.75 = -9.333

              = -9.34

7 0
2 years ago
Cost-volume-profit analysis can also be used in making personal financial decisions. For example, the purchase of a new car is o
jek_recluse [69]

Answer:

A) 0.08; 0.12

B) 0.04

C) 150,000 miles

D) Insurance cost, carbon emission, Second hand value, Licensing fee, E. t. C

Explanation:

A)

What is the variable gasoline cost of going one mile in the hybrid car?

The variable gasoline cost = ( cost per gallon / total miles per gallon)

Cost per Gallon = $2.40

Miles per gallon(hybrid car) = 30

Variable gasoline cost(hybrid car) =( 2.40/30) = 0.08

What is the variable cost of going one mile in the traditional car?

The variable gasoline cost = ( cost per gallon / total miles per gallon)

Cost per Gallon = $2.40

Miles per gallon(traditional car) = 20

Variable gasoline cost(hybrid car) =( 2.40/20) = 0.12

B.) variable cost savings on a per-mile basis.

Variable cost difference (0.12 - 0.08) = 0.04

C.) break even point in miles

(additional fixed cost / cost saving per mile)

(6000 / 0.04) = 150,000 miles

D) other factors may include ;

Insurance cost

carbon emission

Second hand value

Licensing fee and so on

8 0
2 years ago
Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we woul
4vir4ik [10]

Answer:

The correct answer is letter "B": equilibrium quantity to rise and the equilibrium price to fall.

Explanation:

Given the market for a certain product, in case both the demand and supply of that good increase, as the demand increases, <em>the equilibrium quantity is likely to increase</em>. Every time the equilibrium quantity increases, <em>the equilibrium price tends to fall</em>.

6 0
2 years ago
Denmark Corporation's variance report for the purchasing department reports 1,000 units of material A purchased and 2,400 units
Nadusha1986 [10]

Answer:

Total material price variance= $380 favorable

Explanation:

Giving the following information:

Material A:

Purchase= 1,000 units

Purchase price= $2.1

Standard price= $2

Material B:

Purchase= 2,400 units

Purchase price= $2.8

Standard price= $3

<u>To calculate the total material price variance, we need to use the following formula on each material:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

<u>Material A:</u>

Direct material price variance= (2 -2.1)*1,000

Direct material price variance= $100 unfavorable

<u>Material B:</u>

Direct material price variance= (3 - 2.8)*2,400

Direct material price variance= $480 favorable

Total material price variance= -100 + 480

Total material price variance= $380 favorable

3 0
2 years ago
Carol has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. Her
Sholpan [36]

The correct answer would be, Planning, Organizing, Leading and Controlling.

Refer to Centrum Springs, Inc. when Riley learns all that it takes to be a manager, he will be involved in Planning, Organizing, Leading and Controlling

Explanation:

A person who is being considered for the position of a manager, must be competent in these four functions of management. The four functions of management are:

  • Planning
  • Organizing
  • Leading and
  • Controlling

These four functions of management are interconnected and the other one starts after the completion of one function.

So when Riley learns all that it takes to be a manager, then he will be involved in these functions of management, where he will make plans for the growth and profitability of the organization, then he will organize according to those plan, then he will lead others to work towards the plan and finally he will have to do the controlling process to evaluate the outcomes of each implemented plan.

Learn more about functions of management at:

brainly.com/question/13542453

#LearnWithBrainly

5 0
2 years ago
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