Question

Question : Part A ( 4 marks) A new project has been initiated by senior management...

Question : Part A ( 4 marks) A new project has been initiated by senior management to automate logistics processes in your company. A large budget has been allocated to this project because of its importance to the company's operations. You have been asked to present to senior management two reasons for software to be made by your own company and two reasons to buy ready-made solutions. What would you present?

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Part A ( 4 marks) A new project has been initiated by senior management to automate...
Part A ( 4 marks) A new project has been initiated by senior management to automate logistics processes in your company. A large budget has been allocated to this project because of its importance to the company's operations. You have been asked to present to senior management two reasons for software to be made by your own company and two reasons to buy ready-made solutions. What would you present? Part B Your company located in Australia requires the development of...
QUESTION 3 – PM SKILLS AND RISK [25 MARKS] Your Senior Project Manager at Super IT...
QUESTION 3 – PM SKILLS AND RISK [25 MARKS] Your Senior Project Manager at Super IT Pty. Ltd. is extremely satisfied with your project selection and your Project Scope. Your Senior Project Manager has then shared their experiences while developing their previous projects. These included past projects having delayed schedule problems. Therefore, he/she has suggested that you need to explore all such potential factors that may contribute to your chosen project and create action plans. On the top of this,...
It has recently been brought to the attention of senior management that the company is highly...
It has recently been brought to the attention of senior management that the company is highly exposed to Equity price risk due to a recent international turmoil that will impact the business negatively. You are required to explain in detail the concept of Equity price risk and how it is impacted by political turmoil of a country.
Question 4 40 marks The management of James Industries has been evaluating whether the company should...
Question 4 40 marks The management of James Industries has been evaluating whether the company should continue manufacturing a component or buy it from an outside supplier. A R200 cost per component has been determined as follows: R Direct materials 15 Direct labour 40 Variable manufacturing overhead 10 Fixed manufacturing overhead 35 Total 100 James Industries uses 4000 components per year. After Light SA has submitted a bid of R80 per component, some members of management feet they could reduce...
You are hired as a Resource and Talent Consultant for Human Resource Management Department in a...
You are hired as a Resource and Talent Consultant for Human Resource Management Department in a beverage company. the company is establishing its operations while lacks expertise in Human Resource Management. Your job is to convince the Board of Directors by explaining the importance of HR functions in Managing the Resources & Talent in the company. To convince the BOD you need to highlight from BOTH academic perspective and application of theory into the given situation/scenario Assessment criteria (Total 100...
Which of the following best describes a project management plan? The project charter, WBS, and project...
Which of the following best describes a project management plan? The project charter, WBS, and project scope statement The schedule, management plans, and budget A formal, approved document used to control the project The project manager's plan for managing and controlling the work The engineering department wants the project objective to be a 10 percent improvement in throughput. The information technology department wants no more than 5 percent of its resources to be used on the project. Management, who is...
The project has been performing as planned, and the team members have been exhibiting increasing levels...
The project has been performing as planned, and the team members have been exhibiting increasing levels of trust between each other. The sponsor and the buyer have been satisfied with the delivery of business value, and user acceptance testing results are positive. A technical expert consulting with the team has expressed concerns that the team is not in agreement on the best way to deliver to the next review. If the project manager wants to support the team in reaching...
Project Management Fundamentals Questions Only A project team is discussing the benefits and drawbacks of working...
Project Management Fundamentals Questions Only A project team is discussing the benefits and drawbacks of working on projects within their organization now that it has become project-oriented. They can agree on many advantages for the team and for the organization, but also agree there are some drawbacks, relative to the strong matrix structure the organization used to have. In a project-oriented organization the project team: ANSWER Will not always have a "home" Reports to the functional manager Has no loyalty...
COURSE PROJECT 1 INSTRUCTIONS You have just been contracted as a new management trainee by Earrings...
COURSE PROJECT 1 INSTRUCTIONS You have just been contracted as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets across the country. In the past, the company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. Since you are well trained in budgeting, you have decided to prepare a master budget for the upcoming second quarter. To this end, you have...
Project Integration Management Questions Only A team member notifies you, after the fact, that she has...
Project Integration Management Questions Only A team member notifies you, after the fact, that she has added extra functionality to the project. There was no impact on the cost or schedule. What should be done as a result of this change? Make sure marketing is aware of the change. Implement change control processes to track the change. Inform the customer. Understand what functionality was added. You are having difficulty getting a project underway. You have not been able to get...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT