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Elanso [62]
2 years ago
6

What are some of the key environmental forces that have changed the way projects are managed? What has been the effect of these

forces on the management of projects?Why is the implementation of projects important to strategic planning and the project manager?What is meant by an integrative approach to project management? Why is this approach important in today
Business
1 answer:
Evgesh-ka [11]2 years ago
3 0

Answer: The answer is given below

Explanation:

• What are some of the key environmental forces that have changed the way projects are managed?

Some environmental forces which have

altered the way that projects are managed are the knowledge growth, product life cycle, technological changes, global competition, organization downsizing, and time to market.

• What has been the effect of these forces on the management of projects?

The effect of these forces on the management projects is that it resulted in more projects for every organization, it also resulted in changing structures of organization, accountability, the need for rapid completion of projects, the linking of projects to the strategies of the organization and the alliance with the external organizations.

• Why is the implementation of projects important to strategic planning and the project manager?

Strategic plans are typically implemented through projects. This could be through a new information system, a new product, or new plant for new product. It should be noted that the project manager is responsible for the timely completion of the project within the budget, and also within specifications in order for the customers to be satisfied. In cases whereby the project is not being linked to a organization's strategic plan, the resources that are being devoted to the project will result into wastage.

• What is meant by an integrative approach to project management? Why is this approach important in today?

An integrative approach to project management simply refers to one whereby there are interrelationships between all the parts. It should be noted that the approach is vital as an organization that utilizes it has a competitive edge and also provides an integrated system that is required for project implementation.

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Cliff Company traded in an old truck for a new one. The old truck had a cost of $130,000 and accumulated depreciation of $65,000
RSB [31]

Answer:

the recorded value of the new truck is $135,000

Explanation:

The computation of the recorded value of the new truck is given below;

In the case when the transaction has the commercial substance so the recorded value of the new truck would be equivalent to the invoice price or the fair value i.e. $135,000

Hence, the recorded value of the new truck is $135,000

The same would be considered and relevant

And all other values are to be ignored

4 0
1 year ago
_____ refers to the order of things, such as performing the goal-setting processes. a. sequence b. automation c. disarray d. tim
Jet001 [13]
The correct answer that would best complete the given statement above would be option A. SEQUENCE refers <span>to the order of things, such as performing the goal-setting processes. Goal setting is a process in which you will be thinking of possible ideas that will help and understand how to achieve your goals. Hope this answer helps.</span>
7 0
2 years ago
Read 3 more answers
The Meyers CPA firm has the following overhead budget for the year: Overhead Indirect materials $ 370,000 Indirect labor 1,705,0
Veseljchak [2.6K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Total manufacturing overhead=  $ 2,986,000

The firm estimates total direct labor cost for the year to be $1,866,250.

The firm uses direct labor cost as the cost driver to apply overhead to clients.

1) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 2986000/1866250= $1.6 per direct labor $

2) the firm worked for many clients; data for two of them follow: Gargus account Direct labor $ 3,200

Feller account Direct labor $ 9,200

Allocated MOH= Actual amount of allocation base*Estimated manufacturing overhead rate

Gargus overhead= 3200*1.6= 5120

Feller= 9200*1.6= 14720

3) Total cost Gargus= 3200 + 5120= $8,320

TC Feller= 14720 + 9200= $23,920

4 0
1 year ago
There is a great deal of behavior that falls into a gray zone that can be difficult to analyze, however outright bribery is clea
nadya68 [22]

C. Unethical and Illegal

Bribery is offering something such as money or power to do something unethical.

8 0
2 years ago
Read 2 more answers
Colby &amp; Company bonds pay semi-annual interest of $50. They mature in 15 years and have a par value of $1,000. The market ra
ANEK [815]

Answer:

Price of bond = $ 1,172.92

Explanation:

<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).  </em>

Value of Bond = PV of interest + PV of RV  

The value of bond for Colby & Company can be worked out as follows:  

Step 1  

<em>PV of interest payments  </em>

Semi annul interest payment  = 50

Semi-annual yield = 8%/2 =  4% per six months  

Total period to maturity (in months)  

= (2 × 15) = 30 periods  

PV of interest =  

50 × (1- (1+0.04^(-30)/0.04)= 864.60

Step 2  

<em>PV of Redemption Value  </em>

= 1,000 × (1.04)^(-30) =308.318

Step 3:

<em>Price of bond  </em>

= 864.60 + 308.318 = $1,172.92  

Price of bond = $ 1,172.92

4 0
1 year ago
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