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1.Project Control Systems is a combination of tasks aimed at adherence of a project to its objectives to ensure efficiency and timely completion of the project. The sources of information needed by PCS are primarily research into the particular type of project that is underway. For instance, a business project would require analysis of previously enumerated data and trends of the business regarding challenges and benefits. Such information can be obtained by reading intensively information in books or data on related websites. Consultancy from experts could also provide relevant information that is helpful in terms of planning on costs and time required for a project. These are people with a long-term experience on project management or regarding similar projects. Information collected this ways enables PCS to execute its planning and management duties so as to ensure the success of a project.
2. The success of an improvement plan is evaluated to determine its effectiveness in achieving a better outcome as compared to the previous outcome. The improvement plan can be assesses by drawing comparison between the outcome achieved after the improvement plan and that obtained before. A positive difference means the improvement plan is productive and a negative or very insignificant difference indicates an ineffective improvement plan. Quality measurements are also useful in measurement of the success of an improvement plan. Quality measurements entail analysis on the expected levels of accuracy, competitiveness, responsiveness and marketability of products. These aspects give an impression of the effectiveness of the improvement plan as they restrict one to focus on the set objectives and work for nothing less than the target. The combination of outcome comparisons and quality measurements form a strategic approach for the evaluation of an improvement plan. The strategies also create grounds for adjustments to be made.
warnerwoods company uses a perpetual inventory system. it entered into the following purchases and sales transactions
the net income reported on the income statement for the current year was 220000. depreciation recorded on plant assets
at the end of year 1 lane co. held trading securities that cost 86000 and had a year-end market value of 92000. during
If not, how is the amount determined?
analysis reveals that a company had a net decrease in cash of 4500 for the current year. net cash provided by operating
rollie company is launching a new cleaning product for ceramic vases. the company invests 1200000 in operating assets
four yards of material are required to lay out the dress pattern. some material remains after cutting which can be sold
The best means to accomplish the revenue-related motive of attracting new sources of demand is to:
the following selected transactions relate to liabilities of interstate farm implements for december of 2013.
1.which of the following is not a permissible method of calculating a bonus to an employee?a. the bonus is based on
What types of contractual obligations must be disclosed in great detail in the notes to the balance sheet? Why do you think these detailed provisions should be disclosed?
At December 31, 2009, certain accounts included in the property, plant, and equipment section of the Townsand Company's balance sheet had the following balances:
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