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Which of the following outcomes represent the importance of effective project management?
Wiki User
∙ 13y ago
Projects are completed on time
Completed projects are within budget
Completed projects are high quality
Projects are completed within scope
Wiki User
∙ 13y ago
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What are the powers and responsibility of the top management of a corporation?
They represent the corporation to the state and federal governments
What is the purpose of a management control system?
The purpose of a management control system is to allow an operator to perform multiple tasks at once, as well as measuring and analyzing a large amount of tasks at once, to represent an overall performance of a given system or machine.
What is the difference between estimated cost and actual cost?
Estimated cost is the budgeted cost according to the original Project Management. Actual cost represent the actual payments (actual cost of the project). Your question seems related to earned value analysis, which is essentially comparing the budgeted cost/hours against the actual cost/hours.
What is the difference between governance and management?
Governance refers to representing the will or interests of a group of people. In an equity corporation, that group is called the owners or shareholders. In a polity, the citizens are the owners. Nonprofits are a little more complex. The citizens, who provide tax breaks, are one class of owners, but members, or people who care about the mission of the organization is another class of owners. The governing body represents those owners and directs the management to achieve particular results that are desired by the owners. The governing body also oversees the management to ensure that the organization is achieving the desired outcomes and to ensure that the organization is acting prudently, legally, and ethically.Managementis the group of people who are given the authority by the governing body to achieve the desired results. The management is accountable to the governing body which is in turn accountable to the owners.The Challenge The difficulty is that the management is often benefits from actions that may not benefit the interests of the owners. For instance, the CEO may try to drive up stock prices so as to receive a larger bonus. The Executive Directors may choose to reduce the amount of insurance on a building in order to have more funds available for staff salaries. Because of the misalignment between owners desires as management desires, the governing body must always remain independent from the management in order to zealously represent the owner's interests. When governing bodies make management decisions (as they do with working boards of directors), they reduce their ability to sever the owners.
What is a pareto chart?
A Pareto chart is a type of chart combining line and bar graphs. The bars represent the individual values while the lines represent the combined totals.
What are the importance of a flag?
To represent the country
Importance of event management?
Events management is very important, especially in holdinga festival. It has a vital role in a festival because it will represent the image of the festival itself and the place of the festival, which is either be accepted or not by the guests ,visitors ,tourists and other people. The most important thing to do is to established a vision of what to be achieved, careful planning and preparation, high level objectives to be undertaken and lastly, effective promotion of the event/festival to encourage more visitors to come and accept the festival.
Who negotiations between labor and employers?
Usually the unions represent labour and the management represent the employers.
What are the importance of voting?
voting or elections are held to choose an individual to represent the people
Does the following represent a graph of x equals 5?
You didn't show us the following.
What are the importance of data modelling?
Data modeling helps organizations understand their data requirements, relationships, and structures, leading to better decision-making and more efficient data management. It helps in designing databases that accurately represent the business requirements and enable effective data storage and retrieval. Additionally, data modeling helps in ensuring data integrity, consistency, and quality, which are crucial for successful data-driven initiatives.
Which element does represent in the following expression 41x20?
Ca
What does a ship represent?
A ship could represent the following: Cross culture, trading, savior, conqueror, wealth...
What does the number 3 represent in the following sequence 11111111111111111111113111?
An interruption.
Which element does X represent in the following expression 25X12?
Mg
What is the wiper contact of linear potentiometer represent?
The wiper sets the effective resistance of the potentiometer.
What method is used when unions try to represent workers in order to bargain with management?
People
