You are asked to take over a project that is behind schedule. As you review the project, you find the delays are due to scope creep. The project uses a reasonable change management plan that seems to be working. What is the likely cause of the scope creep?

Answers

Answer 1

Answer:

A risk that has become reality in your project has led to a cost increase.

Answer 2

A risk that has become reality in your project has led to a cost increase is likely cause of the scope creep.

What is the cost?

The amount of money spent by a company on the creation or fabrication of goods or services is referred to as the cost. It does not include the profit margin. From the standpoint of a seller, cost is the amount of money spent to produce a good or product.

Costs are the expenses incurred by a business in order to produce goods and/or provide services.  Costs are important in business because they are the thing that drains a company's profits.

Therefore, The most likely cause of scope creep is a risk that has become a reality in the project, resulting in a cost increase.

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Related Questions

Required information Skip to question [The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) income results for the year. Department M Department N Department O Department P Department T Total Sales $ 74,000 $ 40,000 $ 67,000 $ 50,000 $ 35,000 $ 266,000 Expenses Avoidable 13,300 40,600 23,000 17,500 44,100 138,500 Unavoidable 54,600 16,800 4,900 39,100 14,700 130,100 Total expenses 67,900 57,400 27,900 56,600 58,800 268,600 Income (loss) $ 6,100 $ (17,400) $ 39,100 $ (6,600) $ (23,800) $ (2,600) b. Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated.

Answers

a) The segmented income statements for Suresh Company are as follows:

                       Dept M     Dept N      Dept O       Dept P       Dept T    Total

Total Sales   $ 74,000 $ 40,000   $ 67,000  $ 50,000   $ 35,000 $266,000

Avoidable

 Expenses       13,300    40,600       23,000      17,500       44,100  138,500

Contribution $60,700      ($600)    $44,000   $32,500     ($9,100) $127,500

Unavoidable  54,600     16,800         4,900       39,100      14,700   130,100

Income (loss)  $6,100 $ (17,400)   $ 39,100    $ (6,600) $(23,800) $(2,600)

b) The computation of the total increase in income, if the departments with sales less than avoidable costs identified in part a are eliminated, is $9,700 ($7,100 + $2,600).

What is a segmented income statement?

A segmented income statement is an income statement that breaks down the revenues and expenses by business units, such as product line, location, department, salesperson, or territory.

Preparing segmented income statements helps management to:

Identify underperforming segmentsDevelop strategies for boosting profits.

Data and Calculations:

Segmented Income Statements before the elimination of Departments with sales less than avoidable costs:

                       Dept M     Dept N      Dept O       Dept P       Dept T    Total

Total Sales   $ 74,000 $ 40,000   $ 67,000  $ 50,000   $ 35,000 $266,000

Avoidable

 Expenses       13,300    40,600       23,000      17,500       44,100  138,500

Contribution $60,700      ($600)    $44,000   $32,500     ($9,100) $127,500

Unavoidable  54,600     16,800         4,900       39,100      14,700   130,100

Income (loss)  $6,100 $ (17,400)   $ 39,100    $ (6,600) $(23,800) $(2,600)

Segmented Income Statements after the elimination of Departments with sales less than avoidable costs:

                                        Dept M        Dept O        Dept P          Total

Total Sales                    $ 74,000    $ 67,000    $ 50,000    $191,000

Avoidable Expenses        13,300       23,000         17,500       53,800

Contribution Margin     $60,700     $44,000     $32,500    $137,200

Unavoidable Expenses  54,600         4,900         39,100      130,100

Income (loss)                   $6,100     $ 39,100     $ (6,600)       $7,100

Increase in income = $9,700 ($7,100 - ($2,600)

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They went for a bicycle ride (affirmative)

Answers

Answer:

???

Explanation:

I couldn't give you an answer. you didn't ask an actual question

a. Suppose the marginal propensity to consume (MPC) for a nation is 0.67. What is the tax multiplier for this nation

Answers

Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.

Tax multiplier

Using this formula

Tax multiplier=-MPC/1-MPC

Where:

Marginal propensity to consume (MPC)=0.67

Let plug in the formula

Tax multiplier=0.67/1-0.67

Tax multiplier=0.67/0.33

Tax muitiplier=2.03

Inconclusion the tax multiplier for this nation is: 2.03.

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Do you think that MTV’s future lies mostly in its international operations?

Answers

Answer:

[tex]6 \times y { \sqrt{ > 2fube} }^{2} [/tex]

Suppose that Fritz Kron was worried about organizational silence. He is concerned that senior executives aren’t hearing about workplace issues because people believe that others are already working on fixing the problem, or because people are afraid of giving managers information they don’t want to hear. Which of the following tools could Fritz use to help overcome organizational silence? Check all that apply.

Answers

For Fritz to overcome organizational silence, He must set up a proper communication channel.

What are workplace issues?

Workplace issues are incidents that are deemed or considered wrong by the individual who is experiencing them observing the problem.

Generally, Collecting information creates a never-ending interpretation problem. collecting the same information through multiple channels may alter its interpretation by changing its meaning.

In conclusion, The medium through which a message is transmitted to another person is referred to as a communication channel.

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The role of central bank lending to banks in financial distress is called?

Answers

When the central bank lends to banks in financial distress, this role is known as being the lender of last resort.

What does the Central bank do?

The central bank has several duties in the financial system and being the lender of last resort is one of them.

This role calls for them to bail out banks that are going through financial distress by loaning them money. Because they only step in to bail out when things are really bad, they are called the last resort lender.

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Inventoriable costs are Group of answer choices only purchased goods for resale. a category of costs used only for manufacturing companies. recorded as expenses when incurred and later reclassified as assets. recorded as assets when incurred.

Answers

Inventoriable costs are often recorded as assets immediately they are incurred.

What is Inventoriable costs?

Inventoriable costs can be defined as those cost that has to do with the production of goods.

Inventoriable costs is an asset on the balance sheet based on the fact that the goods or product are often set ready in order to be sold at a specific period of time .

Examples of  Inventoriable costs are:

Direct laborDirect materials

Inconclusion Inventoriable costs are often recorded as assets immediately they are incurred.

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In a market economy, which of the following is NOT an accepted role of government?

A
protecting consumers

B
enforcing property rights

C
controlling production and consumption

D
providing for national defense

Answers

Answer:

providing for national defense

Explanation:

yes

Annual Dividends

Question 4 Attached

Answers

Answer:

no it's was not because we don't add

How can companies increase return on common stockholders’ equity without increasing revenue?

A) By purchasing more inventory
B) By increasing preferred dividends
C) By issuing more common stock
D) By reducing expenses

Answers

D) By reducing expenses you increase margins which means there is more money available for stockholders

Question 5 of 10
What is division of labor?
O A. Another name for specialization, this is when an individual
focuses on one specific skill in the field.
B. This is when an organization is able to produce goods at a lower
cost and sell for a lower cost to make a profit.
C. This is when an individual focuses on many different skills and
aspects of a business.
D. This is when an organization can produce goods more cost
effectively when it produces higher volumes of that good.

D

Answers

Answer:

A.

Explanation:

Another name for specialization, this is when an individual focuses

on one specific skill in the field.

Answer:

A

Explanation:

Because another name for specialization makes more sense

You realize that your growing company needs to increase the division of labor, standardization of work procedures, and written rules to be more effective. What organizational structure should you adopt

Answers

The organizational structure which should be adopted is the bureaucratic structure.

What is Organizational Structure?

This refers to the use of structure to organize a business or project, showing the chain of command or hierarchies.

Based on the fact that the company is growing and there is a need to increase the division of labor and standardization of work procedures, and written rules to be more effective, then a bureaucratic structure is needed.

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The consumer surplus will _____ by _____ when the United States engages in international trade and the international price for MP3 players settles at $50.

Answers

Answer:

tnetn

Explanation:eturyumryu

Cirice Corp. is considering opening a branch in another state. The operating cash flow will be $165,300 a year. The project will require new equipment costing $583,000 that would be depreciated on a straight-line basis to zero over the 6-year life of the project. The equipment will have a market value of$171,000 at the end of the project. The project requires an initial investment of $39,500 in net working capital, which will be recovered at the end of the project. The tax rate is 40 percent. What is the project's IRR?

Answers

Based on the cashflow from the investment per year, the initial investment, and the working capital, the project's IRR will be 18.48%.

What is the project IRR?

First find the After-tax salvage value:

= 171,000 x ( 1 - 40%)

= $102,600

Year 1 cashflow:

= -583,000 - 39,500 working capital

= -$622,500

Year 6 cashflow:
= Working capital + Project cashflow + After-tax salvage value

= 39,500 + 165,300 + 102,600

= $307,400

Using a Spreadsheet, the IRR is:

= 18.48%.

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Which of the following is not a barrier to entry in a monopolized market

Answers

The answer choice which is not a barrier to entry in a monopolized market is; Choice A; A single large firm.

What is a monopolized market?

A monopolized market is a theoretical scenario that Characterises a market where only one company may offer products and services to the public. A monopolistic market is the direct opposite of a perfectly competitive market, in which an infinite number of firms operate.

On this note, the choice which is not a barrier to entry in such market is; A large single firm.

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What kind of bonds are issued by businesses as a source of long-term funding?

Answers

Corporate bonds are issued by companies.

general obligation bondsrevenue bondsconduit bonds

Explanation

Corporate bonds are debt securities issued by private and public corporations.

How much notice must the landlord give you before entering your apartment (except in an emergency)?

Answers

Answer:

24 hours - 5 days.

Explanation:

In most states, they require your landlord to give you a 24-hour notice before entering your apartment (or sometimes 5 days).

ASSIGNMENT TEMPLATE
Identify one economic trend that is influencing Charles and Ebony's budget. Then, in your
own words, explain how it is connected with what you see happening in their
expenditures. (Your response should be 4-5 sentences.)
Remember, if you use any information or ideas from the webtext, be sure to add a citation
(and include quotation marks around any exact wording).

Answers

One economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.

What is an economic trend?

An economic trend is a pattern of economic activities, which are usually formed and interpreted by economists from some sets of data.

Inflation is defined as the general increase in the prices of basic goods and services, like transportation, health care, food, and housing.

Inflation digs holes in the purchasing power of individuals, businesses, and governmental bodies in an economic system.

Thus, one economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.

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Carolina is the vice president of the environmental club at her high school. She is in charge of e-mailing members about upcoming events, answering questions from new members about enrollment, and explaining club guidelines to club members. As a part of her position, Carolina employs a lot of _______________ communication.

Answers

Answer:

Downward communication

Explanation:

She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.

The Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. What is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Assuming the Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. Its sustainable growth rate is:8.84%.

Sustainable growth rate

First step

b=1-payout ratio

b = 1 - .44

b = .56

Second step

Sustainable growth rate = [(ROE)(b)] / [1 - (ROE)(b)]

Sustainable growth rate = [.145(.56)] / [1 - .145(.56)]

Sustainable growth rate=0.0812/(1-0.0812)

Sustainable growth rate=0.0812/0.9188

Sustainable growth rate=0.0884×100

Sustainable growth rate=8.84%

Inconclusion  Its sustainable growth rate is:8.84%.

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Using the Base Case, calculate the annual sales growth for 2020E using a weighted-moving average of the past three years' growth rates, with the most recent year given a weight of 3, the next given a weight of 2 and the oldest given a weight of 1. What is the growth rate

Answers

The growth rate in investment is the compounded annualized growth of the revenue for a company, dividends, etc.

What is growth rate?

Your information is incomplete as the figures or data aren't given. Therefore, an overview will be given. It should be noted that a growth rate simply means the percentage change of a variable within a period of time.

The growth rate in investment is the compounded annualized growth of the revenue for a company, dividends, retail sales, GDP etc.

To calculated the growth rate, subtract past value from current value and divide that number by the past value.

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Answer:

Explanation:

7.6%

What would be the price of a perpetuity bond that has a $100 interest payment and a 4% yield?

Answers

Answer:

$2,500.

Explanation:

What happens if you still have a
balance on your credit card AFTER the
company starts charging you interest?
A. The bank will extend the 0% APR so you don't pay
interest.
B. The bank will offer you a 0% so they make no money
off you.
C. The bank will make your interest payments for you.
D. The bank will make money from the interest fees you
pay.

Answers

Answer:

its A.

Explanation:

NEED HELP ASAP PLEASEEE!

1 Question Attached

Answers

Answer:

$2,250

Explanation:

If you owned 3,000 shares and they had an annual dividend of $0.75 per share, you would have received $2,250 because 3,000*.75=2,250.

If a firm had sales of $60,000 during a period and sales returns and allowances of $9,000, its net sales were:

Answers

Answer:

51,000

Explanation:

How can you distinguish between the main features of risk management in Islamic finance from the conventional practice of risk management?

Answers

The main difference between risk management in Islamic finance and the conventional practice of risk management is that the former is based on Sharia laws while the latter is based on checking credit history.

What is Risk Management?

This refers to the identification and control of threats to the long-term goals of a company.

Hence, we can note that in Islamic finance, there is a strict following of the provisions of finance in Islam which are the Sharia laws and they try not to engage in usury but the conventional practice of risk management makes use of modern methods like credit history and financial risk.

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Why is it important to use multiple methods of both broadcast and online media advertising?

Answers

Answer: Broadcasting in many ways is the best to get the news out to people about what is happening. Along with what is being advertised to the public.

Explanation: The reason is because it allows for wider exposure to advertise the products and services. People can use TV or video advertisements, newspapers, postcards, flyers, social media posts/streams, or they can even tell people about what they are broadcasting, and the more news that spreads, then the more attention broadcasts and online advertisements they gain! I hoped this helped! :)

Fix the incorrect red boxes

Answers

Based on the given entries, the incorrect red box to be fixed is the Aug 1 entry of $0.

What should the Pain in capital - Common stock account look like?

From the given transactions, the entries in the Paid in Capital in excess of stated value - Common Stock should be:

Credit ⇒ Jan. 10 $231,000Credit ⇒ Apr. 1 $9,500Credit ⇒ May. 1 $114,000Credit ⇒ Sep. 1 $42,000Credit ⇒ Dec 31 Bal $396,500

There should be no entry on Aug 1 of $0 because the common stock issued matches the attorney fees of $36,000.

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In case of futures, the counterparty guarantee provided by the exchange.(True/False)

Answers

(True)

Hace a nice day and i hope it helps!!

What does it mean to become a master adaptive learner and why is this
important?

Answers

Answer:

Hi

Explanation:

A master adaptive learner is someone that uses an approach to self-regulated learning that leads to development. This is important because this can give you a growth mindset and motivation.

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