answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Citrus2011 [14]
2 years ago
14

The one thing that can help establish your right to lead the project more than anything else is

Business
2 answers:
s2008m [1.1K]2 years ago
7 0

To establish your right to lead the project more than anything else, you need to know these triple constraints (scope, budget, and schedule). You have to remember and apply these three things to lead the successful project.  

 

EXPLANATION  

You have to know how the scope of your project. Next, you have to know how much the budget needed. Last but not least is having a timeframe. Thus, the project will run smoothly.  

Here are 3 tips for project management:

• Project management is an art

It’s an art because a successful Project Manager must combine its leadership skill, people management, and  people soft skills. There is no fixed formula, calculate the risk, reach the goals and place the right men in the right place at the right time.  

• Well understanding the project

Understand means you know what the case is, how much you need to spend money on it, think the model to finish it efficiently and set the timeline and schedule. As Project Manager, you have to ensure that your project is a realistic business case (reachable)  

• Creating a good relationship

It seems like you have to do a lot of things since your first day. Yet, to gain a successful project, Project Manager should ensure that what had planned runs in the right track (according to schedule, budget and its model).  

The last important thing is to have fun. Have fun and enjoy the process with your people.

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• The type of leadership: brainly.com/question/4127203  

Keyword: project management, leadership, project plan

Subject: Business

Class: 10-12

Subchapter: Project Management

Anarel [89]2 years ago
4 0

Ability to balance the project budget

You might be interested in
Highfill Corporation's variable overhead is applied on the basis of direct labor-hours. The standard cost card for product D80D
Vesnalui [34]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard direct labor hour per unit= 6.5 hours

Standard variable overhead= $6.8 per direct labor hour.

Actual production= 1,300 units

Actual direct labor hours= 8,500 hours

Actual variable overhead= $60,290

A) To calculate the variable overhead rate variance, we need to use the following formula:

Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 60,290/8,500 hours= $7.093

Manufacturing overhead rate variance= (6.8 - 7.093)*8,500= $2,490.5 unfavorable

B) To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 1,300*6.5= 8,450 hours

variable overhead efficiency variance= (8,450 - 8,500)*6.8= $340 unfavorable

3 0
2 years ago
A seller uses a periodic inventory system, and on April 4, it sells $5,000 in merchandise on credit (when its cost is $2,400) to
RoseWind [281]

Answer:

Periodic Inventory System

Journal Entries

April 4 Debit Accounts receivable $5,000

Credit Sales revenue $5,000

To record the sale of goods on credit, terms of 3/10, n/30.

April 5 Debit Sales returns $500

Credit Accounts receivable (cash) $500

To record the return of goods for a cash refund.

Explanation:

a) Data and Analysis:

April 4 Accounts receivable $5,000 Sales revenue $5,000 credit terms of 3/10, n/30.

April 5 Sales returns $500 Accounts receivable (cash) $500

b) The seller uses a periodic inventory system.  Therefore, the cost of goods sold will not be recorded on April 4 until April 30, when there will be a physical count of inventory to determine the closing inventory.  With the beginning and ending inventories together with the purchases account, the cost of goods sold can then be calculated.

6 0
2 years ago
In its proposed 2022 income statement, Hrabik Corporation reports income before income taxes $500,000, income taxes $100,000 (no
DaniilM [7]

Answer:

Explanation:

Statement of Comprehensive Income :

                                                                                    $                   $

Income from continuing operation before tax     500,000

Income Tax                                                           <u> (100,000)</u>

After Tax Income from Continuing operation                            400,000

Loss from discontinuing operation                       (60,000)

Gain on disposal of discontinuing operation       <u> 40,000</u>

loss  on discontinuing operation b/4 tax              (20,000)

income tax  benefit @ 20%                                     <u>4,000</u>

After tax gain on discontinuing operation                                 (<u>16,000) </u>

Net Income                                                                                   384,000

Unrealized loss on available-for -sale securities                      <u> (150,000)</u>

Other Comprehensive Income                                                    <u>234,000</u>                                

8 0
2 years ago
Isn’t "corporate entrepreneurship" an oxymoron? Do the characteristics of an established organization, such as its routines and
pashok25 [27]

Answer:

Isn’t "corporate entrepreneurship" an oxymoron?

I guess that most people would believe that corporations and entrepreneurs and completely opposite, and for the most part they are right. But some corporations actually do have entrepreneurial spirit or at least try to. E.g. 3M is famous for allowing their employees some creative time so that they can come up with new ideas. Google is another example of a large corporation that allows for creative time while at work.

Do the characteristics of an established organization, such as its routines and structure, increase efficiency but at the same time kill any entrepreneurial spirit?

Routines, schedules and corporate structure not only kill, but they rather massacre and exterminate entrepreneurial spirit and creativity. One great example of how corporations do not allow people to think or act differently can be seen in the movie about Ford competing in Le Mans.

Is there any way that a company can have the best of both worlds?

I guess that it is difficult, but not impossible for a company to have corporate entrepreneurship. The problem is that corporations will probably believe that it is a waste of money to pay for their employees to do nothing and just wander around thinking about new ideas. Creativity has a cost and not everyone is willing to pay for it.

8 0
2 years ago
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
PilotLPTM [1.2K]

Answer:

The number of units the company would have to manufacture during the year would be 780,000 units

Explanation:

To find out how much purchase is made, first we have to calculate the production level. The equation for production level is shown below:

Production level = Closing stock of finished goods + Sales - Opening stock of finished goods

= 76,000 + 730,000 - 26,000

= 780,000 units

Rest cost like opening and ending balance of raw material , required gram is irrelevant for computation part. Thus, it is not considered.

Hence, The number of units the company would have to manufacture during the year would be 780,000 units

8 0
2 years ago
Other questions:
  • Josie wants to develop genetically altered plants to help increase plants’ growth and resilience. Which level of education would
    11·2 answers
  • Don’s Fashions is noticing a downward trend in sales. The company has been reaching out using social media to connect with custo
    12·1 answer
  • Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel
    6·1 answer
  • Vermeillen Corporation uses a standard costing system in which variable manufacturing overhead is assigned to production on the
    11·1 answer
  • Sonia opened a yoga studio where she teaches classes and sells yoga clothing. Variable costs for Sonia's yoga studio include the
    7·2 answers
  • Question 7 of stion 7 1 points Save A John Nagler, the CEO of Amtex Box Corp orders Dan Malone the plant supervisor to discard s
    10·1 answer
  • In the video "Demonstrating Time Management," Mandy tells Angie that even though her foil highlighting service isn't until later
    9·1 answer
  • Select the type of business that is most likely to obtain large amounts of resources by issuing stock. a. government entity b. p
    10·1 answer
  • An investor buys a property for $608,000 with a 25-year mortgage and monthly payments at 8.10% APR. After 18 months the investor
    11·1 answer
  • Oddo's Pizza is a restaurant that recently implemented a new system to identify and gather information about its regular custome
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!