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NNADVOKAT [17]
1 year ago
12

A robust ______________ can go a long way to reducing project problems over the life of the project and will establish how, when

and to whom information must be supplied.
Business
1 answer:
AysviL [449]1 year ago
4 0

Answer:

Communication plan.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The fundamentals of Project Management are considered universal across most businesses and professions.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

A communication plan can be defined as a project plan which explicitly outlines or states the set of people who needs an information, when it is delivered and what communication channel should be used to deliver the information to the stakeholders.

Hence, a robust communication plan can go a long way to reducing project problems over the life of the project and will establish how, when and to whom information must be supplied.

You might be interested in
The ________ theory states that when an aspect of the market makes a transaction (e.g. exporting a product or service) less effi
uysha [10]

Answer:

It is the theory of Market Imperfections

Explanation:

Market imperfections theory is said to be when a trade theory is brought about from international markets where perfect competition does not exist. It occurs when at least, one of the assumptions for perfect competition is violated and this results to what we call an imperfect market.

5 0
1 year ago
Smyth Industries operated as a monopolist for the past several years, earning annual profits amounting to $50 million, which it
denis23 [38]

Answer:

First of all we need a discount rate, so I looked for similar questions and the discount rates went from 4% to 8%, so i decided to use 6%.

the company has 2 alternatives, keep operating in a competitive market or slash its prices to try to erase the competition.

the present value of the first alternative using the perpetuity formula = $10,000,000 / 0.06 = $166,666,667

the present value of the second alternative is:

PV of slashing costs = $1,000,000,000 / 1.06 = $943,396,226 + the present value of future net incomes

the present value of future net incomes = $50,000,000 / 0.06 = $833,333,333, but we must discount this number this terminal value applies to end of the current, not now: $833,333,333 / 1.06 = $786,163,552

the NPV of slashing prices = $786,163,552 - $943,396,226 = -$157,232,674, so it is definitely a very bad idea.

3 0
1 year ago
Taunton's is an all-equity firm that has 152,500 shares of stock outstanding. The CFO is considering borrowing $251,000 at 7 per
Ann [662]

Solution:

Price per share  

= Total Borrowing /No of shares repurchase

= 251,000 /21,500 = $ 11.67

Total Equity   = (Shares outstanding-Shares repurchased) * Price per share          

                     = (152,500 -21,500 )*11.67

                     = $1,274,095

Debt = $ 251,000

Value of the firm = Equity+Debt

                           =  1,274,095 + 251,000

                          = 1,525,095

Value of the firm = $1,525,095

6 0
1 year ago
Use the following to answer the questions.
-BARSIC- [3]

Answer:

B. just-in-time

Explanation:

Just in time (JIT) is an inventory management approach that is used by companies that want to reduce their inventory costs and they purchase their materials in smaller quantities whenever their productive system needs them. The goal is to keep the lowest possible inventory levels.

3 0
1 year ago
In year 1, Rim Corporation purchases 1,000 shares of treasury stock for $10 per share. In year 2, Rim reissues 100 shares of the
Alecsey [184]

Answer:

The correct answers are:

C-debit paid-in capital treasury shares $200

D-Debit retained  earnings                     $300

Explanation:

The purchase of treasury stock  for $10 per share implies that the price paid per share is the par value of each share.

Upon issue of 100 shares at $12 the following entries are required:

Dr Cash (100*$12)                  $1,200

Cr Treasury stock(100*$10)                  $1,000

Cr Paid-in capital in excess of par        $200

However upon issue of 500 share at $9 per share which is $1 less than the par value, hence there is $500 discount on the issue.

The discount is recorded as follows:

Dr paid-in capital           $200

Dr Retained earnings    $300

The $200 posted to paid-in capital is the same premium  that posted in there earlier when 100 shares.

5 0
1 year ago
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