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What needs to be done as part of closing a project. Why are these activities important?
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What are the objectives of cash budget?
Cash is the most important for running of day to day business activities so it is important for the management to know that when they are short in liquidity or excess from needs so they have enough liquidity at all time and not short of money when required as well as not have excess cash in hand from needs.
It is important to identify and agree user needs for an information system?
Yes, it is important to identify and agree to user needs for an information system. You want to limit access to documents requiring executive management information.
what APAC payroll outsourcing companies?
Payroll outsourcing is flexible and adaptable depending on your needs. We take on some, or all, of your payroll tasks which enables managers and HR to concentrate on core activities, cut costs and increase quality in their HR activities.
What is the Journal entry for closing stock?
Closing Stock (Assets, Balance Sheet) A/C Dr. ----- Trading or P/L A/C Cr. (Expenses, Trading or P/L) A/C ----- The Dr. entry of the closing stock will remain as assets in inventory and will be carried forward to next year where as Cr. entry will be deducted [opening stock+purchase-closing stock (trading)] as like expenses in Trading or P/L A/c and not will be carried forward to the next year. ============================== Stock only needs to be one account (not both Opening and Closing accounts). Post it's balance to P&L (Cost Of Sales) as "Opening Stock". Journalise the new Stock figure as a credit "Closing Stock" to P&L (Cost Of Sales) and debit the Stock account. Calculate Cost Of Sales as above.
Depreciation is a very important economic problem and needs to be used in accounting for what purpose?
all of these
What is Project Integration Management?
Project integration managementThe project is initiated, planned, and executed in pieces, and all those pieces are related to each other and need to come together. That is where integration management comes in. For example, integrating different subsidiary plans into the project management plan needs to be managed. Project integration management includes developing the project charter, developing the project management plan, directing and managing project execution, monitoring and controlling project work, performing integrated change control, and closing the project or a phase of a project.While managing all the aspects of the project, you as the project manager, will need to coordinate different activities and groups
What is integration management?
Project integration managementThe project is initiated, planned, and executed in pieces, and all those pieces are related to each other and need to come together. That is where integration management comes in. For example, integrating different subsidiary plans into the project management plan needs to be managed. Project integration management includes developing the project charter, developing the project management plan, directing and managing project execution, monitoring and controlling project work, performing integrated change control, and closing the project or a phase of a project.While managing all the aspects of the project, you as the project manager, will need to coordinate different activities and groups
How does project integration management relate to the project life cycle?
The project is initiated, planned, and executed in pieces, and all those pieces are related to each other and need to come together. That is where integration management comes in. For example, integrating different subsidiary plans into the project management plan needs to be managed. Project integration management includes developing the project charter, developing the project management plan, directing and managing project execution, monitoring and controlling project work, performing integrated change control, and closing the project or a phase of a project. While managing all the aspects of the project, you as the project manager, will need to coordinate different activities and groups, and for that you need to communicate.
What roles does project intergration management have in a project?
The project is initiated, planned, and executed in pieces, and all those pieces are related to each other and need to come together. That is where integration management comes in. For example, integrating different subsidiary plans into the project management plan needs to be managed. Project integration management includes developing the project charter, developing the project management plan, directing and managing project execution, monitoring and controlling project work, performing integrated change control, and closing the project or a phase of a project. It is one of the most important aspects of project management
How does project integration management relates to stakeholders?
The project is initiated, planned, and executed in pieces, and all those pieces are related to each other and need to come together. That is where integration management comes in. For example, integrating different subsidiary plans into the project management plan needs to be managed. Project integration management includes developing the project charter, developing the project management plan, directing and managing project execution, monitoring and controlling project work, performing integrated change control, and closing the project or a phase of a project. While managing all the aspects of the project, you as the project manager, will need to coordinate different activities and groups, and for that you need to communicate.
What is integration management according to PMBOK?
The project is initiated, planned, and executed in pieces, and all those pieces are related to each other and need to come together. That is where integration management comes in. For example, integrating different subsidiary plans into the project management plan needs to be managed. Project integration management includes developing the project charter, developing the project management plan, directing and managing project execution, monitoring and controlling project work, performing integrated change control, and closing the project or a phase of a project. While managing all the aspects of the project, you as the project manager, will need to coordinate different activities and groups, and for that you need to communicate.
What are the objectives of cash budget?
Cash is the most important for running of day to day business activities so it is important for the management to know that when they are short in liquidity or excess from needs so they have enough liquidity at all time and not short of money when required as well as not have excess cash in hand from needs.
Define project integration management and the importance of the knowledge areas?
Project integration managementThe project is initiated, planned, and executed in pieces, and all those pieces are related to each other and need to come together. That is where integration management comes in. For example, integrating different subsidiary plans into the project management plan needs to be managed. Project integration management includes developing the project charter, developing the project management plan, directing and managing project execution, monitoring and controlling project work, performing integrated change control, and closing the project or a phase of a project.While managing all the aspects of the project, you as the project manager, will need to coordinate different activities and groups, and for that you need to communicate.
What is time in a project?
Traditionally project time is the duration between the project start and the project end, sometimes known as the overall project duration. Within the project duration there are a series of activities that may or may not have logical dependencies. Scheduling allows an estimate of time for each of the individual activities. By taking into consideration the project context, the project requirements, available resources and budgets, a critical path (single or multiple) of activities through the project can be determined. This critical path represents the sequence of activities through a project network from the project start time to the project end time, the sum of whose durations determines the overall project time. If this critical path exceeds the time allowed to complete the project, then the project needs to be re-planned, such as adding additional resources, subcontracting out work, conducting up front de-risk work or taking advantage of opportunities that may arise after the start of the project.
How do you plan a project?
To plan a project you need to: 1. breakdown the scope, by listing all of the activities and deliverables required to complete the project. 2. map out in what order each activity needs to happen. 3. estimate the effort to complete each activity. 4. allocate resources (people or machinery) needs for each activity. Related links contains a guide to how to plan your project.
When is time value of money concept not important to a business?
When all expenses have made to recover project that a businessman needs.
What the project manager should do to perform the planning function?
Any Project that needs to be executed has to be planned. Any tasks that was begun without proper planning and due diligence is almost always a failure. So, as a responsible project manager you have to plan your project properly to ensure that, your baby is a success. After all, which project manager wants to spend months of his time on a failing cause? Atleast, I don't … What are the Phases Involved in Project Planning? Project Planning involves 4 important phases. They are: 1. Planning the Project Scope 2. Planning the Project Resources 3. Planning the Project Schedule 4. Planning Quality & Risk Management Each of these 4 phases is equally important and have a significant impact on the success of the project. As Project Managers we need to put in dedicated effort to plan for each of these phases and as expected. Numerous activities need to be taken up by the Project Manager during planning to ensure that the Project is a Success
