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Analyze the financial problem faced by this project. You are given the following information at the end of year 1 of the 3-year project.
PV = $50,000;
BAC = $150,000;
EV = $40,000;
AC= $60,000.
a) Describe how well the team is progressing in terms of schedule and cost?
b) What do you expect the EAC to be depending on the different possibilities?
c) What is the TCPI given the EAC? What will be your recommendation to the project team (work harder/ work at same pace/ work slower)?
Evaluate Kirkpatrick's four levels of training evaluation and determine which level would be most appropriate for the average organization. Why is level four so difficult to obtain?
As part of a major plant renovation project, the industrial engineering department has been asked to balance a revised assembly operation to achieve an output of 240 units per eight-hour day.
Human resources has been asked to put a plan together in cooperation with the organization's other disciplines (finance or accounting, administration, operations, customer service, marketing, and so on) for a four percent staff reduction.
What are the differences in the ways project managers, accountants, and financial comptrollers perceive the expenses of a project
How are business models influenced by internal and external factors? Discuss the difference between the product model and the marketing model. Is one model better than the other? Explain.
Which is one of the problems associated with constraining characteristics and their effect on how behavior is motivated and performance controlled?
Research Outback Steakhouse on the web: Have they pursued their international strategy? How did they approach it? How successful has this strategy been?
Amanda and Chris McDermott own a small business, Plastic Dollars, which produces and maintains stored value cards for retailers. Most of the cards they sell are gift cards, such as those available in various restaurants and stores.
Experiments indicate that the change will lower the average processing time to 2 hours but raise the standard deviation to 1.2. Should this change be implemented? Why?
If 2 people are in the canoe, the slower person dictates the crossing time. The objective is for all four people to be on the other side of the river in the shortest time possible. Illustrate what is the smallest time for moving all four people to ..
Regardless of how well a team works together, at some point issues will arise, whether in trying to decide on a solution, recognizing that there is a problem, or in implementing a change. Based on this, why should problem-solving teams use structured..
Audits are commonly associated with the financial and accounting records of the business. Using the publicly available financial statements of Mcdonald's, evaluate how the strategy has either improved or degraded the financial performance of the c..
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