In the Gido text, you frequently run across the idea that a project manager will "progressively elaborate" details about requirements, activities, network diagrams, etc. This is a very important concept in project management.
Using your favorite search engine, search on ‘progressive elaboration in project management.’ Scan at least two of the articles you find. Be sure to cite them in your initial and/or response postings.
In your initial post, address the following:
Define progressive elaboration in the context of project management.
Choose a project management deliverable from this chapter (e.g., project requirements, activities list, network diagram, etc.), and describe a brief scenario and in which you and your project team would provide an initial deliverable then how progressive elaboration might cause you to modify that deliverable over time.
State your opinion as to whether progressive elaboration would help to deliver successful project outcomes and, if so, why.
In your response posts, challenge or enhance your peers’ original thoughts on the value of progressive elaboration
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Progressive Elaboration in the context of project management can be defined as a continuous process in which the details of the project are elaborated and improved over time, to create a better understanding of the project.
It involves refining the details of the project plan as the project moves from one phase to another. It is a dynamic approach in which project managers refine their understanding of the project as the project progresses.
Project Management Deliverable:A project team has been assigned a project to implement a new customer relationship management (CRM) software.
The project team has provided an initial deliverable of a network diagram which outlines the high-level tasks and relationships between them. In the initial diagram, some of the tasks were listed but not elaborated or explained.
Progressive Elaboration in project management can help to deliver successful project outcomes. Because as the project progresses, new knowledge and insights are obtained that can change the project plan. It is important to modify the project plan accordingly so that it remains relevant and up-to-date.
By updating the project plan, it ensures that the project stays on track, stakeholders are informed, and project risks are managed effectively.
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Related Questions
Somebody help I'll give 30 points
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Answer:
1. Salesforce helps their people feel good by giving back to the community. They also offer great challenges and rewards, and have open communication culture.
2. Cisco offers good benefits that focus on family and enabling people to combine parenthood with their jobs. It’s also a great place to learn and develop professionally.
3. Admiral allows people to give back to the community through charity. They have built a strong sense of belonging and believe in the importance of having fun so people bring their best to work.
Explanation:
Answer:
Happy meal wih a mcdoobale
Explanation:
By definition, the purchasing power of money always drops when deflation occurs. inflation occurs. the economy is experiencing full employment. there is a presidential election year.
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The purchasing power of money is most likely to drop when inflation occurs.
Inflation is the general increase in the price level of goods and services in an economy over a period of time. When inflation occurs, the value of money decreases, and the purchasing power of money drops. This means that the same amount of money can buy fewer goods and services than before. On the other hand, when deflation occurs, the price level of goods and services decreases, which means the value of money increases, and the purchasing power of money increases as well. However, deflation is not very common and can be harmful to the economy as it can lead to lower spending and investment. The state of full employment or a presidential election year does not necessarily have a direct impact on the purchasing power of money.
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A bond offers a coupon rate of 7%, paid annually, and has a
maturity of 8 years. If the current market yield is 5% (discount
rate), what should be the price of this bond?
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The price of the bond should be $1,000.
The price of a bond can be calculated using the formula for the present value of future cash flows. In this case, the bond has a coupon rate of 7% and a maturity of 8 years. The coupon payments are made annually. The current market yield is 5%, which represents the discount rate.
To calculate the price of the bond, we need to discount the future cash flows, which include the annual coupon payments and the final principal payment at maturity. The coupon payments can be considered an annuity, and the principal payment can be considered a single lump sum.
Using the formula for the present value of an annuity, we can calculate the present value of the coupon payments. The formula is:
PV =\(C * (1 - (1 + r)^(^-^n^)) / r\)
Where PV is the present value, C is the annual coupon payment, r is the discount rate, and n is the number of periods (in this case, 8 years).
Substituting the values, we get:
PV = 70 *\((1 - (1 + 0.05)^(^-^8^))\) / 0.05 = $500
Next, we calculate the present value of the principal payment using the formula for the present value of a lump sum. The formula is:
PV = F / \((1 + r)^n\)
Where PV is the present value, F is the future value (principal payment), r is the discount rate, and n is the number of periods (in this case, 8 years).
Substituting the values, we get:
PV = 1000 / \((1 + 0.05)^8\)= $613.91
Finally, we sum up the present values of the coupon payments and the principal payment:
Price of the bond = PV of coupon payments + PV of principal payment
= $500 + $613.91
= $1,113.91
However, since the bond is priced at par value ($1,000), the price of the bond should be $1,000.
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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
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by what action does the federal reserve trt to control inflation
Answers
Answer: Monetary Policy
Explanation:
The Fed controls inflation through monetary policy whereby it either increases the supply of money in the economy or it decreases it. The logic being that when there is more money in the economy, people will be able to buy more goods and services which would lead to a rise in prices as demand pulls up inflation rates.
The reverse holds true.
The Fed uses tools such as Open market operations and adjusting the reserve requirement to accomplish monetary policy.
If the goal is to increase money supply, the Fed embarks on Open market operations where it buys securities(paying the public puts money into the economy) from the public as well as reducing the reserve requirement which increases the amounts that banks can loan out.
To reduce money supply the Fed sells securities and increases the reserve requirement. There are other tools for monetary police but the basic premise is the same; they are used to either increase or decrease money supply.
The Simpsons are buying a five-acre lot that was part of a much larger tract of acreage. When the owners of the large acreage decided to subdivide it, they needed to have a legal description created for the five-acre lot. What was used as the starting point for creating that legal description
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A survey was used as the starting point for creating that legal description.
A survey is a research method that collects data from a predefined group of respondents to gain information and insights on various topics of interest. They have multiple purposes and researchers can implement them in different ways, depending on the chosen methodology and research objectives.
Technically, research is a method of collecting and compiling information from a group of people, more commonly called a sample, to produce insights about an organization, company, or institution. This information or opinion gleaned from a sample is often a generalization of what a large population thinks.
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The primary role of the human resource department of an organization is to
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Answer:
Human Resources (HR) is concerned with the issues of managing people in the organisation. two men having a meeting The Human Resources department is responsible for many people related issues in an organisation. Under the HR department’s remit are the following roles: The process of recruiting suitable candidates for the organization Identifying and meeting the training needs of existing staff Ensuring employee welfare and employee relations are positive Ensure the working environment is safe for employees Raising awareness of current workplace legislation
Read the following carefully taking note of the key issues before you attempt the questions. The law of demand is a fundamental concept of market economies. Rational consumers will always buy more of a good they want when the price falls, and less when the price rises. The opposite holds true for the law of supply wherein more is supplied as the price goes up and vice versa. Consequently, a market is in equilibrium when the price and quantity are at a level at which supply equals demand. The quantity that consumers demand is exactly equal to the quantity that producers supply. Total welfare in society is maximized. The demand and supply of masks in Lovingdale is as follows:
At a price of $20, forty three thousand seven hundred and fifty units are demanded but three thousand units are supplied. When the price goes up to $60, thirty one thousand two hundred and fifty units are demanded whilst thirty one thousand two hundred and fifty units are supplied. At a price of $100, eighteen thousand seven and fifty units are demanded and fifty nine thousand five hundred units are supplied. Finally, at a price of $140, six thousand two hundred and fifty units are demanded whilst eighty seven thousand seven hundred and fifty units are supplied. The linear equations for the demand and supply of masks in Lovingdale are given as follows: Qd =50 000-312. 5P and Qs = -11125+706. 25P. Question 1 a) Briefly explain the three reasons behind the law of demand as evidenced by the behaviour of consumers in Lovingdale. [5 marks]
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The three reasons behind the law of demand in Lovingdale are the substitution effect, income effect, and the law of diminishing marginal utility.
1. Substitution Effect: As the price of masks decreases, consumers will substitute away from other alternatives and buy more masks because they are now more affordable. Conversely, as the price of masks increases, consumers will shift to alternatives that are more affordable, thereby reducing their demand for masks.
2. Income Effect: When the price of masks falls, consumers have more purchasing power, as they can buy the same quantity of masks for a lower cost. This increase in purchasing power effectively raises their real income, leading to an increase in the quantity demanded.
Conversely, when the price of masks rises, consumers have less purchasing power, reducing their real income and resulting in a decrease in the quantity demanded.
3. Law of Diminishing Marginal Utility: According to this law, the marginal utility of a good decrease as more units are consumed. As the price of masks decreases, consumers will buy more masks, but each additional mask will provide less additional satisfaction compared to the previous one.
This diminishing satisfaction leads consumers to buy fewer masks as the price increases.
In summary, the law of demand in Lovingdale is driven by the substitution effect, income effect, and the law of diminishing marginal utility, which all contribute to the observed behavior of consumers regarding their demand for masks at different price levels.
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both dividends paid and dividends declared during the year are reported in the statement of cash flows. State True or False your answer:
a. True
b. False
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Answer:
B. False is the correct answer.
Explanation:
Price controls are sometimes used when the natural operation of free markets leads to: positive externalities. undesirable outcomes. an efficient distribution of goods. a trade deficit.
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When a price controls are used, the natural operation of free markets leads to positive externalities.
What is a positive externalities?This refers to a condition that exists when the production and consumption of a good or service benefits a third party not directly involved in the market transaction.
Therefore, the Option A is correct.
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Price controls are sometimes used when the natural operation of free markets leads to undesirable outcomes. Option B. This is further explained below.
What are Price controls?Generally, Price control is simply defined as a government rule setting a maximum price for specific commodities and services.
In conclusion, Occasionally, price restrictions are implemented when the normal functioning of free markets results in unwanted consequences.
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The December 31, Year 1, financial statements of Edwards Co. (a privately held company) were available to be issued on March 1, Year 2, and were actually issued on March 3, Year 2. As of December 31, Year 1, Edwards Co. had 250,000 shares of common stock outstanding. On February 15, Year 2, Edwards Co. issued 500,000 more shares of common stock. As a result of this transaction, Edwards Co. must: __________
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Because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements
A Footnote is a section for financial disclosure that shows how the numbers in the statement of financial position and cash flow statements were determined.
Here, there are various stocks in Edward Company which were issued in the accounting year.Hence, because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements
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the price index was 150 in the first year, 160 in the second year, and 175 in the third year. the inflation rate was about similar practice problem videolinks to an external site. group of answer choices 6.25 percent between the first and second years, and 8.6 percent between the second and third years. 6.7 percent between the first and second years, and 9.4 percent between the second and third years. 10 percent between the first and second years, and 15 percent between the second and third years. 60 percent between the first and second years, and 75 percent between the second and third years.
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Option a) The inflation rate between the first and second years was 6.25% (calculated by (160-150)/150) and between the second and third years was 8.6% (calculated by (175-160)/160). The correct answer is option a).
Inflation is calculated by subtracting the price index of the previous year from the price index of the current year and dividing the result by the price index of the previous year. The resulting number is the inflation rate expressed as a percentage.
In this question, the inflation rate between the first and second years was 6.25% (calculated by (160-150)/150) and between the second and third years was 8.6% (calculated by (175-160)/160).
It is important to note that these are approximate values, as the exact rate can vary slightly depending on the prices used in the calculations. Additionally, the inflation rate between any two years may not be constant, as it can change from year to year.
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In the normal operation of business, you receive a check from a customer and deposit it into your checking account. With your bank statement, you are advised that this check for $775 is "NSF." The bank also informs you that due to the amount of activity on your business account the monthly service charge is $75. During a bank reconciliation, you will a.subtract both values from the cash balance according to the company’s records b.subtract both values from the cash balance according to the bank statement c.add both values to the cash balance according to the bank statement d.add both values to the cash balance according to the company’s records
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If I’m reading it correctly, the answer is b. These items are listed on the bank statement and subtracted from the cash balance on the company’s books.
what is the one consideration you should NOT consider when evaluating any savings and investments?
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what are some qualities needed by Commercial Artists? Check all that apply.
ability to supervise others
ability to work under deadline pressure
ability to create special effects
ability to teach classes
ability to follow directions
ability to work with others
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Answer:
the answer is b, e, f, hope it helps
Explanation:
Answer:
ability to work under deadline pressure
ability to follow directions
ability to work with others
Lassen Ltd., a company incorporated in Alberta, is an annual filer for GST purposes. Alberta does not participate in the HST and does not have a provincial sales tax. The following is a summary of the
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Lassen Ltd., a company incorporated in Alberta, is categorized as an annual filer for GST (Goods and Services Tax) purposes. An annual filer is a business that is required to file GST returns once per year, typically applicable to small businesses that don't need to file returns on a quarterly or monthly basis.
In Canada, the GST/HST is a value-added tax charged on the supply of most goods and services. The GST rate is either 5% or 13%. However, Alberta does not participate in the Harmonized Sales Tax (HST) and does not have a provincial sales tax. Consequently, only the 5% GST is applicable to most goods and services in Alberta.
As an Alberta-based company, Lassen Ltd. is subject to the 5% GST. Being an annual filer, they must file their GST return once a year. This return must be filed if they have collected GST or if they are eligible for a refund. The filing deadline is typically on June 15th of each year, and they must remit any collected GST.
To summarize, Lassen Ltd., as a company incorporated in Alberta, follows annual GST filing requirements and is subject to the 5% GST. Alberta's non-participation in the HST and absence of a provincial sales tax contribute to this specific taxation scenario.
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what are some economic choices teasha had to make
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Answer:
The human resources that will be required by Teasha to open her business include a receptionist, cashier, and salesperson.
From the information given, Teasha has graduated from school and wants to open her own business. She has experience working in a gift store and wants to have her own gift store too.
Therefore, she'll need a receptionist, a cashier, and a salesperson. The receptionist will welcome customers and answer phone calls from clients.
The cashier will help with issuing and receiving payments. Lastly, the salesperson will be responsible for helping the customers find items in the store and increasing sales.
Explanation:
A student will decide to attend class when
A. The Marginal Cost in low
B. The Marginal Benefit of attending exceeds the marginal cost of attending
C. There is an attendance policy
D. The Marginal Benefit is positive
Answers
A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.
What is policy?The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.
A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.
As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.
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on september 1, year 1, phillips, inc. issued common stock in exchange for 20% of sago, inc.'s outstanding common stock. on july 1, year 3, phillips issued common stock for an additional 75% of sago's outstanding common stock. sago continues in existence as phillips' subsidiary. how much of sago's year 3 net income should be reported as accruing to phillips?
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Since Phillip issued the additional common stock on July 1, year 3, 20% of Sago's year 3 net income up to June 30 and 95% of Sago's net income from July 1 to December 31 should be reported as accruing to phillips.
Philip's action to issue common stock in exchange for Sago's outstanding common stock is a form of acquisition. Acquisition is a business transaction where a company purchases another company's share in exchange of the control over the acquired company. When a company has more than 50% of a target company's assets, the acquirer has the right to make decisions about the acquired company.
In acquisition, there is a rule stated that the net income of the newly acquired company will only be included in the consolidation net income started from the date of the acquisition.
Hence, since September 1, year 1, 20% of Sago's net income is inlcuded in the consolidated net income until June 30, year 3, when Philip increase its ownership proportion over Sago on July 1, year 3. Since July 1, year 3, 95% of Sago's net income should be included in Philip's consolidated net income.
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In 2016, the city of Vancouver collected $500,000 in taxes and spent $450,000. In 2016, the city of Vancouver had a
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Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $5,000. On September 9, the customer unexpectedly pays the $5,000 balance. Record the cash collection on September 9. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the re-established portion of account previously written off Note: Enter debits before credits. Date General Journal Debit Credit September 09 Record entry Clear entry View general journal
Answers
You need to make the following journal entries:
1. General Journal: Accounts Receivable
Debit: $5,000
Credit: Allowance for Doubtful Accounts - $5,000
2. General Journal: Cash
Debit: $5,000
Credit: Accounts Receivable - $5,000
To record the cash collection on September 9 after the customer unexpectedly pays the $5,000 balance.
Step 1: Reverse the write-off by debiting Accounts Receivable and crediting Allowance for Doubtful Accounts for $5,000. This re-establishes the account previously written off.
Step 2: Record the cash collection by debiting Cash and crediting Accounts Receivable for $5,000. This reflects the payment received from the customer.
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JohnBoy Industries has a cash balance of $42,000, accounts payable of $122,000, inventory of $172,000, accounts receivable of $207,000, notes payable of $117,000, and accrued wages and taxes of $35,500. How much net working capital does the firm need to fund?
Answers
The net working capital the firm needs to fund is $146,500. It is important for a company to have a sufficient amount of Net Working Capital to run its business smoothly. Inadequate working capital may lead to financial problems and may hinder the growth of the company.
Net Working Capital refers to the difference between the assets and the liabilities of a company. In other words, it is the amount of funds required by a company to operate its business smoothly. It is the amount of money required by a business to meet its financial obligations. It helps in the efficient functioning of a business. It is the difference between current assets and current liabilities.
Given,
Cash balance = $42,000
Accounts payable = $122,000
Inventory = $172,000
Accounts receivable = $207,000
Notes payable = $117,000
Accrued wages and taxes = $35,500
Net Working Capital (NWC) = Current Assets - Current Liabilities
Current Assets = Cash balance + Inventory + Accounts receivable
= $42,000 + $172,000 + $207,000
= $421,000
Current Liabilities = Accounts payable + Notes payable + Accrued wages and taxes
= $122,000 + $117,000 + $35,500
= $274,500
Net Working Capital (NWC) = $421,000 - $274,500
= $146,500
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Read the following situation and decide whether or not anyone in the situation commits sexual harassment. Justify your judgement: “Kylie is Hector’s boss. Hector is attracted to Kylie and asks her on a date. Kylie, although flattered, turns Hector down. He feels a little hurt, but doesn’t bring it up again. Kylie, speaking with both male and female coworkers, describes Hector’s proposal and makes a joke about the lack of romantic prospects in his future. Hector hears about this conversation a week later.”
Answers
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
on e2020
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
write the important of organic manure
Answers
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the iso 9000 and 14000 standards series as a way to objectively document a company's high level of quality operations are examples of
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Behavior control examples include the ISO 9000 and 14000 Standards Series, which serve as an objective record of a business's high degree of quality operations.
The use of ISO 9000, a collection of international standards on quality management and quality assurance, is a useful method for businesses to document the elements of their quality systems. They are not only applicable to one industry but may be employed by organisations of any size.
ISO 14000 and ISO 9000 quality management are comparable in that they both place more emphasis on the process of producing a product than the result itself. The certification process is similar to ISO 9001 in that independent organisations, not ISO, administer the process.
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as farmers in boise city used the new technology of gasoline powered tractors to plow up buffalo grass, the marginal social cost of doing so was select one: a. equal to the marginal private cost. b. less than the marginal private cost. c. greater than the marginal private cost. d. any of the above could be true.
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When farmers in Boise City used gasoline-powered tractors to plow up buffalo grass, the marginal social cost of doing so was likely option c) greater than the marginal private cost.
As farmers in Boise City began to use the new technology of gasoline-powered tractors to plow up buffalo grass, they were able to do so more efficiently and quickly than with traditional methods. However, the use of these tractors also had an impact on the environment and other members of society, which is known as the marginal social cost.
The marginal social cost of using gasoline-powered tractors to plow up buffalo grass could be greater than the marginal private cost. This is because the use of these tractors could lead to negative externalities, such as soil erosion, habitat destruction, and pollution, which affect not only the farmers but also other members of society. The marginal social cost takes into account these externalities and measures the total cost to society of using the tractors.
It is possible that the marginal social cost could also be equal to or less than the marginal private cost, depending on the specific circumstances. However, given the potential negative externalities associated with using gasoline-powered tractors, it is likely that the marginal social cost is greater than the marginal private cost in this case.
Overall, the use of new technologies like gasoline-powered tractors can have both positive and negative effects on society, and it is important to consider the full costs and benefits of these innovations in order to make informed decisions about their use.
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if d varies directly as t and d = 20.5 when t=12 find:(a) the value of the constant (b) the relationship between d and t (c) the value of d when t =6.
Answers
Answer:
(a) \(k=\frac{41}{24}\)
(b) \(d=\frac{41}{24} t\)
(c) \(d=\frac{41}{4}\)
Explanation:
As d varies directly as t,
\(d=kt\)
Here, k is a constant.
(a)
Put \(d=20.5\,,\,t=12\)
\(20.5=12k\\\\k=\frac{41}{24}\\\\k= 1.71\)
(b)
Put \(k=\frac{41}{24}\) in \(d=kt\)
\(d=\frac{41}{24} t\)
(c)
Put \(t=6\) in \(d=\frac{41}{24} t\)
\(d=\frac{41}{24} (6)\\\\d=\frac{41}{4}\)
What kind of economic system is price control?
Answers
Government-imposed price control is an economic strategy used to lower the costs of goods and services for consumers by establishing minimum prices (floors) and maximum prices (ceilings).
what does it mean to be imposed upon?
onto, impose. to obtrude; to impose oneself; to intrude; to exploit unfairly; to abuse (influence, friendship, etc.). to cheat, lie, or defraud: Unbelievably many males today impose their confidence on the public, according to a new survey.
to coerce another person into accepting your views, desires, etc. She didn't want her values to be forced upon her family. One could see how certain individuals were able to force their opinions on others.
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which of these options for saving money offers the lost liquidity?
Answers
The option of saving money that offers the most liquidity is a piggy bank. (option C)
What is liquidity?
Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.
Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.
Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.
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Answer: Savings bonds
Explanation:
Which of the following demonstrates active listening while receiving constructive criticism well
Answers
Answer:
c
Explanation: