A big project budgeted at $20 million is running over budget by $1 million and behind schedule by four months at the 50% stage of the project. Who has the primary responsibility to solve the problem

Answers

Answer 1

The person with the primary responsibility to solve the budget overrun and behind-schedule performance is b: The Project Manager.

Who is a Project Manager?

A project manager is a professional who organizes, plans, and executes projects under tight budgets and schedules.

The roles of the project manager include:

Planning and defining goalsOrganizing and leading teamsDirecting projectsCommunicating with stakeholdersEnsuring timely delivery of projects, on budget, and within scope.

Answer Options:

a: The Project Champion

b: The Project Manager

c: The Project Management Office Manager

d: Senior Management

Thus, the person with the primary responsibility to solve the budget overrun and behind-schedule performance is b: The Project Manager.

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Related Questions

Which of the following is not included in the typical pattern of behavior for a poverty-stricken person? a. higher crime rate c. higher standard of living b. higher divorce rate d. higher chance of being a victim of crime please select the best answer from the choices provided a b c d

Answers

A person is poverty-stricken if they are considered to be very poor. A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.

Who is poverty-stricken poverty?

A poverty-stricken person suffers from the effects of extreme poverty: Some beggars are impoverished and homeless.

There are few jobs for farmers who have moved to cities from poverty-stricken areas in search of work.

It is characterized by excessive indulgence,  low self-regulation, exploitation of others, and limited motivation and effort.

Therefore, Option C is the correct answer that is A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.

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Answer:  C. higher standard of living

Explanation:

Crosby contracts with Subban whereby Crosby agrees to sweep Subban retail shop at the end of each work day. Before the first payment is due, Subban realizes that Crosby is unlicensed. The state of Florida requires all retail floor sweepers to be certified and pay annual dues. Subban therefore does not pay Crosby for his work. When Crosby s brings a breach of contract case against Subban to court the court will decide the contract is Group of answer choices

Answers

Crosby signs a contract with Subban and agrees to meet at Subban's business at the conclusion of each work day, before the first payment is due, and then files a lawsuit against Subban, claiming that the license is unenforceable because the license's objective is to protect the public.

What is contract?

A contract is the legal agreement between the two parties. It contains all the essentials of section 10. On the breach of such contract, the party who break the contract will be punishable under the act.

Crosby and Subban have a contract in which Crosby agrees to sweep Subban's retail store at the end of each work day. Subban discovers Crosby is unlicensed before the first payment is due.

All retail floor sweepers in Florida are required to be certified and pay annual dues.

As a result, Subban does not compensate Crosby for his efforts. When Crosby s pursues a breach of contract complaint against Subban to court, the judge will conclude the contract is invalid since the purpose of the license is to protect the public.

Therefore, the contract is unenforceable.

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Mansi Inc. is considering a project that has the following cash flow data. What is the project's payback?

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The payback period of the project that Mansi Inc. is considering given its cash flow data is 2.36 years.

What is the payback?

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows.

Amount invested = -750Amount recovered in year 1 = -750 + 300 = -450Amount recovered in year 2 = -450 + 325 = -125Amount recovered in year 3 = -125 /350 = 36

payback = 2.36 years

Here is he complete question:

Mansi Inc. is considering a project that has the following cash flow data. What is the project's payback?

Year 0 1 2 3

Cash flows -$750 $300 $325 $350

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Arriving at a cost structure that is both profitable and hard for potential followers to match is called

Answers

Arriving at a cost structure that is both profitable and hard for potential followers to match is called a Price Minus.

What is a Price Minus?

A Price Minus is a pricing strategy that deducts some amount from the market price to attract more customers and increase profitability to the detriment of competitors.

A price minus can be used as a market penetration strategy.

Thus, using a price minus, a company can arrive at a cost structure that achieves profitability and deters potential competitors without instigating a price war.

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The possibility that errors in projected cash flows will lead to incorrect decisions is known as ______.Multiple select question.estimation riskmanagerial incompetenceguess and blessforecasting risk

Answers

The risk that inaccuracies in expected cash flows may lead to poor judgments is referred to as the forecasting risk.

What is the significance of risk forecasting?

This function is especially critical for small enterprises, as inventory losses might threaten the company's future. Forecasting minimizes uncertainty.

But it comes at the cost of extra inventory, lower profits, and other unique hazards.

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_____ innovations pertain to the administrative domain in an organization. Group of answer choices Technology Strategy and structure Culture Product and service

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Strategy and structure innovations pertain to the administrative domain in an organization.

What is organization structure?

Organizational structure are set of actions carried establised by an organization, which ultimately guide how they operate.

The structure shows how certain activities are directed in order to achieve the goals of an organization like roles and responsibilities.

Hence, strategy and structure innovations pertain to the administrative domain in an organization.

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What are the specific business requests the system must meet to be successful, so the analysis phase is critical because business requirements drive the entire systems development effort?

Answers

The specific business requests that system must meet to be successful are Business requirements.

What is Business requirements about?

Business requirements are known to be those vital activities of a firm that needs to be carried out so as to b able to meet up with the organizational objectives.

Conclusively, Business requirements are known to be the key or unique specific business requests that a system must handle in order to be successful and it also leads to systems development and growth.

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The __________ of a bond is the face value, or amount of principal that the bond is worth when the principal amount is due.

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The par value of a bond is the face value, or amount of principal that the bond is worth when the principal amount is due. Below is a further knowledge on par value.

Understanding par value

Par value, in other words, called nominal value, is the face value of a bond or the stock value stated in the corporate charter. Par value for a bond is usually $1,000 (or to a lesser degree $100), as these are the most common denominations in which they are issued.

Therefore, the answer is par value.

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Which is the most accurate summary of the differentiation between leadership and management that is most useful in the current environment

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The differentiation between leadership and management is: Management is about controlling variance and leadership is about initiating change.

What is Leadership and management?

Leadership has to do with influencing and implementing change that are needed while  management on the other hand has to do controlling and directing things so as to achieve the set goals.

Both Leadership and management are important in current enviroment as they both work hand in hand.

Therefore management is about controlling variance and leadership is about initiating change.

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Which part of developing nations economies did the green revolution impact.

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The green revolution helped increase food production, as well as benefiting wealthy farmers in developing countries.

What was the green revolution?

It was a process that instituted new technologies in agriculture, modernizing the means of production on a global scale. Some of the contributions were the development of agricultural machinery and genetically modified seeds.

Therefore, some countries such as Mexico and India have benefited from the green revolution, helping in the development of agriculture and economy.

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Heyo! ;D

Farming would be the answer you seek. Hope this helps!

Suppose the fed announces that it is lowering its target interest rate by 75 basis points, or 0. 75 percentage point. To do this, the fed will use open-market operations to the money by the public.

Answers

When the Fed increases the volume of money in circulation or the money supply to the public interest rate is bound to reduce.

What is Money Supply?

In Economics, money supply is defined as the capacity of cash in the position of people in the society in any point in time. In other word, it the volume of money in circulation.

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________ involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.

Answers

Answer:

Relationship selling involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.

Boris, graham, and chris have been best friends since grade school. boris is a flight attendant for delta, graham is a conductor for amtrak, and chris is a ship captain for a cruise lines. what are some common qualifications the friends share? they each have a high school degree, they work in safe environments, and they know how to take reservations and greet customers. they have special training and licenses, they work long and irregular hours, and they can react quickly in stressful situations. they each have a bachelor’s degree, they work long and irregular hours, and they can identify hazards and react quickly to dangers. they have special training and licenses, they work in dangerous situations, and they maintain and repair their equipment.

Answers

They have special training and licenses, they work long and irregular hours, and they can react quickly in stressful situations.

What is Qualification?

This is defined as a skill or knowledge which fits a particular position in the society.

The three friends will most likely have  special training and licenses, work long and irregular hours, and react quickly in stressful situations due to difference in job roles but the same type of approach being used.

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Answer:B

They have special training and licenses, they work long and irregular hours, and they can react quickly in stressful situations.

Explanation:

Easels, brushes, and canvases are ______ used by artists.
tools
skills
qualifications
tasks

Answers

Answer:

Tools used by artists

☆anvipatel77☆

•Expert•

Brainly Community Contributor

Answer:

tools

Explanation:

Selective optimization with compensation theory states that successful aging is related to three main factors:

Answers

Selective optimization with compensation theory states that successful aging is related to three main factors: selection, optimization, and compensation.

What is selective optimization with compensation theory?

Selective Optimization With Compensation theory is a theory that refers to a person's lifespan model of psychological and behavioral management.

The lifespan model explains how individuals adapt to changes related to their human development and age-related gains and losses.

Thus, selective optimization with compensation theory states that successful aging is related to three main factors: selection, optimization, and compensation.

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A non-smoker that is 30 years old pays a 25% lower premium for life insurance than a smoker of the same age. If the smoker pays $125 per month for a $500,000 policy, how much does the non-smoker pay per month

Answers

The amount that the non-smoker pays per month for premium is $31.25.

What is the determinant of the premium?

Generally, in an insurance, the person that smokes will pay higher premiums for life insurance than a non-smoker.

Now, it is given that the non-smokers pays a 25% lower premium for life insurance, that is, 1/4 of the normal premium he is suppose to pay.

Because the smoker present a high risk, he will pay the full premium to cater for high risk situation on the policy.

Premium payable = $125 * 1/4

Premium payable = $31.25

Therefore, the answer is $31.25 for the non-smoker.

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Answer: $93.75

Explanation: Take 25% of $125 which is $31.25. Then subtract $31.25 from $125. This gives you the answer which is $93.75.

The characters on the television show empire making a pepsi commercial is an example of which type of promotion?.

Answers

The characters on the television show empire making a pepsi commercial is an example of

advertising promotion

What is advertising promotion?

It is a marketing strategy that helps to promote a product by advertising the product on various handles.

The company or individual target programs that people enjoy listening to and advertise on such program to create awareness and inform their prospective customers about their product.

Therefore, the characters on the television show empire making a pepsi commercial is an example of advertising promotion.

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On january 2, carlton, inc. , issued 100 shares of $10 par value common stock for cash of $10 per share.

Answers

The journal entry of the given case is present in the image below.

What is journal entry?

Journal entry is defined as a primary recording of the financial transactions. Transactions are named in an accounting journal that presents a debit and credit balances of the company.

According to the given information,

Number of shares issued = 100

Par value per share = $10

Issue price per share = $10

Then the amount of total Cash received is:

[tex]=\text{Issue Price Per Share} \times \text{Number of shares Issued}\\\\=\$10 \times 100\\\\=\$1,000[/tex]

Total par value would be $1,000. Therefore, the journal entry is listed in the image below.

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Which of the following is likely to shift the supply curve right?

Answers

Answer:

A technological improvement that reduces costs of production will shift supply to the right, so that a greater quantity will be produced at any given price. Government policies can affect the cost of production and the supply curve through taxes, regulations, and subsidies.

What are five things that will shift a supply curve to the right?

changes in non-price factors that will cause an entire supply curve to shift (increasing or decreasing market supply); these include

1) the number of sellers in a market,

2) the level of technology used in a good's production,

3) the prices of inputs used to produce a good,

4) the amount of government regulation, ...

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11. Explain the importance of having a formal lease and reading it thoroughly before you sign

Answers

Prior to signing a lease, a formal lease agreement should be initiated which defines all the terms and conditions of the lease so that the other party, that is, who is using the leased asset, cannot have any reason to deny the lease.

What is a lease?

A lease is a contract between two parties to use the owner's asset for an agreed time. The owner of an asset is known as the lessor and the person who uses the leased asset is known as the lessee.

A lease agreement should be in written format stating all the terms and conditions of using the leased asset. Before signing it, the lessee should read the contract, so that any false claim put by the lessor in the contract can be identified and then accept it by putting his/her signature. If there is no agreement, then the lessee might get denied the consideration and can also exercise a lien on the leased asset.

Therefore, a formal lease contract should be thoroughly read before signing by the other party.

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The Banking Act of ______ removed the Secretary of the Treasury and the Comptroller of the Currency from the Federal Reserve's governing board.

Answers

The Banking Act of 1935 removed the Secretary of the Treasury and the Comptroller of the Currency from the governing board of the Federal Reserve.

What effect did the Banking Act of 1935 have?

The Banking Act of 1935 mandated additional changes to the Federal structure, including the establishment of the Federal Open Market Committee (FOMC) as a separate legal entity, the removal of the Treasury Secretary and the Comptroller of the Currency from the Fed's governing board, and the extension of members' terms to 14 years.

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The _______ component of an HRM system ensures employees have the knowledge and skills needed to perform their jobs effectively now as well as in the future.

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The second components of an HRM system ensures employees have the knowledge and skills needed to perform their jobs effectively now as well as in the future.

Training and selection

Training and selection is the second components of Human resources management system where new applicants are selected and train with skills, abilities and impacted with knowledge in order to perform their jobs effectively.

Therefore, The second components of an HRM system ensures employees have the knowledge and skills needed to perform their jobs effectively now as well as in the future.

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A grid that combines an employee's performance rating with his or her position within a pay range so as to determine the size and frequency of pay increases is known as the ______ grid.

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A grid that combines an employee's performance rating with his or her position within a pay range so as to determine the size and frequency of pay increases is known as the merit increase grid.

What is the merit increase grid?

This grid is known to be a mathematical grid. It is one that professionals that compensates work use to effectively administer increases in salaries for the workers that work there.

The calculation on the grid is done through the use of small percentages from a salary.

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________ is/are typically used to energize, direct, or control employee behavior. Select one: a. Social structure b. Payouts c. Pay plans d. Corporate values e. Employee orientation\

Answers

Pay plans or compensation plans are used to control, energize or direct the employees in a particular job at any company or organization.

Option C is the correct answer.

Who is an employee?

An employee is a person who is hired by an organization on the basis of his/her skills and abilities as per the required job profile. An employee is usually hired by the authorized HR of a particular company.

The pay plans or compensation plans are the plans devised by an organization which is inclusive of the details related to the salary provided to an employee along with additional incentives on the basis of their performance and the assigned tasks.

Therefore, the employees can be directed, controlled, and energized through the payment plans.

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If the MPC is 0.80 and disposable income increases from 32,000 billion to $37,000 billion, then consumption will increase by: A. $1,000 billion. B. $29,600 billion. C. $5,000 billion. D. $4,000 billion.

Answers

If the MPC is 0.80 and disposable income increases from 32,000 billion to $37,000 billion, then consumption will increase by: B. $29,600 billion.

Increase in consumption

Using this formula=Increase in disposable income×MPC

Where:

Increase in disposable income=$37,000

MPC=0.80

Let plug in the formula

Increase in disposable income=$37,000 billion×0.80

Increase in disposable income=$37,000 billion×0.80

Increase in disposable income=$29,600 billion

Therefore consumption will increase by:  B. $29,600 billion.

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In the neoclassical view, the economy has a ___________________________ to move back to potential GDP.

Answers

The neoclassical view, the economy has a tendency to move back to potential GDP.

What is Neoclassical view?

Neoclassical theory explains that the amount or quantity of goods that is produced is directly dependent on the amount of the goods that is demanded and Supply.

This also influence the price and how it is consumed.

Therefore, The neoclassical view, the economy has a tendency to move back to potential GDP.

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Your calculator-making company has a policy of increasing prices 2% per year above the rate of inflation. Inflation last year was 1.9%. If your calculator was priced at $80 last year, how much should it be this year

Answers

According to the policy of calculator-making company on increasing the price by 2%. The Current price should be $81.55.

What is inflation?

Inflation is defined as a general rise in the price of goods and services in a given economy. When the general price level rises, each unit of currency buys fewer products and services, resulting in a loss of purchasing power.

Computation of price of current year:

According to the given information,

Last year price of Calculator = $80,

Policy of raise in price = 2%

Last year inflation rate = 1.9%

Then,

[tex]\text{Current Price} = \text{Price} + (\text{Price} \times \text{Inflation Rate} )+\text{ Increasing Price}\\\\\text{Current Price} = \$80+ (\$80 \times 1.9\%) + 2\%\\\\\text{Current Price} =\$81.55[/tex]

Therefore, the Prince of calculator in the current year would be $81.55.

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Chelsea bought a bond with a face value of $5,000. The bond has a term of 4 years. Chelsea bought the bond at a 3 percent discount from the face value. The bond pays 3 percent annual interest, and Chelsea will receive eight semiannual payments. When the bond is redeemed at maturity, the total return (profit) will be $
_____ .00. The total return on investment will be
______ %. (Round return on investment percentage to one decimal place.)

Answers

The total return of the bond will be a profit of $300 and the total return on investment (ROI) will be 6.18%.

What will be the total return and return on investment?

The profit made from the purchase of bonds is referred to as the return on bonds. The profit includes all capital gains (discounts obtained) and interest earnings till maturity.

[tex]\text{Face value} = 5,000\\\\\text{Purchase price} = 4,850 (5,000 \text{ x } 1 - 0.03)\\\\\text{Discount} = 150 (5,000 - 4,850)\\\\\text{Maturity period} = 4 years\\\\\text{Coupon rate} = 0.03\\\\\text{Interest payment = semi-annual}\\\\\text{Annual interest} = $150 ($5,000 \text{ x } 0.03)\\\\\\\text{Total profit at maturity} = $300 ($150 + $150)\\\\\\text{Total return on investment} = 6.18 \text{percent} (300/4,850 \text{ x } 100)[/tex]

As a result, when Chelsea redeems the bond at maturity, his total return (profit) will be $300.00 at 6.18 percent.

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Answer:

profit: $750

ROI: 15.5%

Explanation:

An increase in the price level causes ______ to ______, which in turn reduces planned consumption.Multiple Choicenominal household wealth; fallnominal household wealth; risereal household wealth; fall

Answers

Answer:

real household wealth; fall

Which of the following items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants: weigh all sides of decisions.

a. weigh all sides of decisions.

b. attending annual meetings.

c. generate innovative approaches to accounting.

d. integrity and objectivity.

Answers

Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants.

What is meant by professional code of ethics?

This is the term that is used to refer to the code that is used to apply to all of the people that would work in a particular organization that are meant to guide the behavior of the people in the organization and also check the ways that people would act.

Hence we can say that Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants..

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1 question: What means to divide a material into its various parts.?2 question: The name given to matter that can be touched and manipulated is a what.?3 question: Matter may exist is many what such a solid, liquid or gas.? help me asap Which of the following is not a change steve should make to the contract before he signs it? a. steve needs to increase the total cost from $300.00 to $500.00. b. steve needs a clause about the cost of rental equipment as janices responsibility. c. steve needs a clause about his hourly rate, regardless of the time it takes to finish the job. d. steve needs to remove the total cost of $300.00 in case the job takes longer than originally expected. Immigrants from italy and poland could be considered white ethnics. please select the best answer from the choices provided t f help please.............. Given int n, return an int[] that contains the numbers 0, 1, .. n-1, n, n-1, ... 1, 0. For example, if n = 5, then the array should be 0, 1, 2, 3, 4, 5, 4, 3, 2, 1, 0.Make sure its in the coding language Processing, Java, or Javascript Your mom buys you a helium balloon at the circus. It has a volume of 4.00 liters at STP. What mass of helium (He), expressed in grams, does this balloon contain? In the program below, which two variables have the same scope?def usernameMaker (strFirst, strLast): return strFirst + strLast[0]def passwordMaker (strA, numC): answer = dogName[0:3] return answer + str(numC)# the main part of your program that calls the functionusername = usernameMaker ('Chris', 'Smith')dogName = 'Sammy'favoriteNumber = 7password = passwordMaker (dogName,favoriteNumber) By referring to the vertices state the angle highlighted in blue. What risk factor is present while leaning your forearms onto the sharp edge of a counter?. Truman has been assigned a research paper about seat belt safety laws. He is of the opinion that seat belts should not be required. During his research, Truman comes across the following quote from an automotive journal that reads:"the history of seat belt legislation is one of complete failure to demonstrate the predicted savings in lives and injuries among car occupants. In countries such as Ireland [6] , Sweden [7] and New Zealand compulsory seat belt wearing legislation was accompanied by clear increases in deaths among car occupants."Truman wants to paraphrase this quote; however, he's unsure of what the word compulsory means. Which is the best tool for Truman to use to help him paraphrase the quote? A. CD-ROM B. encyclopedia C. dictionary D. atlas According to the book political risk, how businesses and organizations can anticipate global insecurity, twenty-first-century political risk is the probability that a ____________ could affect a company in significant ways. Find in the triangle. Round to the nearest degree.a. 30b. 27c.21d.34The angles are 87ft And 72ft. Making Predictions from Data (PLEASE HELP) What is the solution to the system of equations below?y = negative 3 x + 5 and y = 4 x minus 2 Why was the mafia willing to assassinate Castro? Which religious belief most influenced the origins of Christianity 50 POINTS would you rather have a zombie apocalypse or a happiness potion? and why (write in a complete sentence) What are three things youd like to see change in our society? How are you feeling about the world around us? 100 points!! Marked brainliest! Valerie feels that she is paid a lower salary than other project manager in her field. In reality, her salary is 10 percent above the market rate of others in her field of work. She is experiencing identify the process shown inthe diagram to the right