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What is the importance of time and activity plan?
Time and activity plan helps to associate time lines for every task/line item in the Work Breakdown structure and also associate the cost of getting the task completed. When we roll up all the costs of individual tasks up to the Activity level, we get to know whether we've budget to complete the activity and hence the project. Therefore, to that extent Time and Activity plans are useful.
The reasons why the financial activities of a business enterprise must be record?
So that we can plan for the future of the enterprise or business. We can take steps from which our organization can become more profit making etc
What is budget limitation?
A budget is really just a plan for how to spend money. Here are some steps to follow to put together a simple budget: Keep track of everything you spend for a month or more.
Is budget a single use plan standing plan or strategic plan?
It is a strategic plan
What is the importance of cost behavior.?
Cost behaviour is associated with learning how costs change when there is a change in an organization's level of activity. The costs which vary proportionately with the changes in the level of activity are referred to as variable costs. The costs that are unaffected by changes in the level of activity are classified as fixed costs. The understanding of cost behaviour is very important for management's efforts to plan and control its organization's costs. Budgets and variance reports are more effective when they reflect cost behaviour patterns. The understanding of cost behaviour is also necessary for calculating a company's break-even point and for any other cost-volume-profit analysis.
How many steps does the OPSEC consist of which can apply to any plan operation program project or activity?
Five
How many steps does opsec process consist of which can apply to any plan operation program project or activity?
5
Which air force risk management process involves the 5 steps and is used when there is sufficient time to plan an event or activity?
Which air force risk management process involves the 5-step process and is used when there is sufficient time to plan an event or activity.?
Which air force risk managment process involves the 5-steps process and is used when there is sufficient time to plan an event or activity?
Which air force risk management process involves the 5-step process and is used when there is sufficient time to plan an event or activity.?
Which air force risk management process involves the 5 steps process and is used when there is sufficient time to plan an event or activity?
Which air force risk management process involves the 5-step process and is used when there is sufficient time to plan an event or activity.?
What are the six steps in human resources planning?
1) Analysing the organisational plan 2) Forecasting the demand of HR 3) Forecating the demand of supply 4) Making an estimate of the net human resource 5) preparing the action plan 6) Audit
Does the project team participate in preparing the project plan?
No. Not all members of a project team are involved in preparing the Project Plan. It is usually the Project Manager and a few senior Leads in the Project who meet up and formulate/prepare the Project Plan
What activity will you do for a lifetime How will you plan for it and what personal decision will you consider in achieving the plan?
The activity that I would love doing for a lifetime is playing tennis, and how I plan to do this is by regular exercises.
Why it is wise to plan the steps you do in cooking meals?
It is wise to plan the steps first before you cook it or else you will mess up
Explain the process of preparing a detailed business plan?
Preparing a detailed business plan means researching various aspects of your potential business. You will need to determine exactly how you would market to customers and who you would hire for certain positions.
Is strategy the same as an activity?
No. strategy is how you would complete the activity. It is your plan, your way of doing it.
What is plan formulation?
This is the outline of the plan. You would use it to make out all of the steps that will need to be taken in the plan.
