As work is performed and measured against the baseline the corresponding budget value is “earned”, consequently Earned Value metric cost and schedule variances can be determined and analyzed, from these basic variance measurements the project manager can identify significant drivers forecast, future cost and schedule performance and construct corrective action plans to get the project back on track. Earned Value Management therefore encompasses both performance measurement (i.e. what is the program status) and performance management (i.e. what we can do about it). Earned Value
In agreement with company policy, Abby bills the full cost of the ordered materials, assuming there will be unused product. However, once there is an order for the unused product, the disposal charges is no longer a cost to Ace and therefore does not need to be passed to the customer. The cost of the product itself can now be allocated accordingly between the two cost estimates. George’s assessment includes double billing for a single material cost, as well as the disposal fee, which is not needed in order to inflate the bottom line. This now brings forth the ethical issue as double billing for a single cost and not removing unnecessary cost from the estimate in order to inflate profits.
Provide quantitative support Based on the financial analysis and sensitivity analysis scenarios the buy option has NPV cash outflow of ………… and the lease option has NPV cash outflow ……. . The sensitivity analysis scenarios in both the buy and lease option and the respective pros and cons of each option we found the best option for Dragon Air buy versus lease decision would be to buy the replacement spare engine.as opposed to leasing it. We attach the excel spreadsheet with supporting quantitative financial analysis. Current updates on the
Basically, for the service concession arrangements, there are two specified criteria. The first is the timing of the agreement recognition. The second is the measurement of the recognition carrying value. The first concept in the timing of the recognition is the consideration of the construction as an asset. Meaning to say, the property would be complete when the construction is ready to be used.
The item is sold to the client. In the event that any imperfection is found in the item at that point, it is taken back to repair and evolving parts. Furthermore, guarantee relies on the nature of the item. Polaris delivers superb items. Polaris satisfies guarantees to its client.
The fundamental elements of administration include: Planning, Organizing, Budgeting, Resourcing, Directing, Controlling and Reviewing. 11.What is the contrast amongst compensation and motivating force? Pay can be named as the settled compensation you are offered for your administrations while motivating force implies some additional advantages that you are offered in view of your execution. Motivator can be in real money or kind. 12.What is 'Traverse of Management'?
The Stakeholder Salience Theory, created by Mitchell, Agle and Wood, are based upon the combination of the three relationship attributes to generate general types of stakeholders. These attributes include: Power; Legitimacy; Urgency. “Stakeholder salience” is defined as the degree to which managers give priority to competing stakeholder claims. Therefore if a stakeholder consist of all three attributes, he/she/it will be of most importance and will have more rights and privileges than a stakeholder that consists of only one of the three attributes. As seen in the picture on the right, you can differentiate between the different types of stakeholders, according to where they get placed given the attributes they consist of.
Moreover, it provides an initial benchmark, make changes according to the researches…. For example, how satisfied are XXX Ltd overall? High-level questions are included in this survey to know the level of satisfaction of customers. What is your overall satisfaction with XXX Ltd? How likely or unlikely are you to buy from XXX Ltd?
After that, we discussed the prices of the products that they need from Fairchild and checked the other company’s current statues on profits. At last, we went to check with several Suplet engineers on the several aspects of the products that Fairchild sold to Suplet including their qualities and prices. We also asked the engineers about the some other companies products and their prices in order to make comparisons between Fairchild products and other
3.1 INTRODUCTION: CONCEPT OF PERFORMANCE: Performance is individual successful criteria in their work. And usually calculate person output rate (e.g., sales or production) or evaluate the success rate compared to expectations of organizational (Kazemi, Abbas 2002).Human performance is defined as a result of the actions set to achieve that goal based on a specific standard. That may include actions or behaviour of all non-observable mental processing (e.g., problem solving, decision-making, program planning, reasoning) (Bailey, Robert W 2003). When talking of performance the result is obtained, imagine in mind. In comprehensive plan to staff performance evaluation mean of performance is the performance results and the process is working, i.e.
Sales discounts and returns and allowances are two types of events/transactions that are linked to the EPS value through its inclusion of net sales. Therefore, certifying that certain items have actually been returned and discounts were actually given can contribute to testing EPS for occurrence
If the government opts to go with a single-payer system, it can do more harm than good. It may have its perks, but at the end of the day, it will be the people that will pay for it in more ways than one. The single-payer system will have the government controlling the costs and who will be able to be covered and dictate when services can be rendered. (Pipes, 2014) A) Pros to a single payer system: I) everyone can get coverage regardless of a pre-existing condition. Coverage would II) There is a decrease of necessary paperwork III) No insurance carrier needed IV) Only need one buyer for the policies: The Government B) Cons to a single-payer system: I) Government Controlled, you do not have a say so in your coverages, doctors, medical devices/equipment II) Reduces the financial incentives to researchers for medical research III) Fewer benefits for everyone who has to pay for benefits for those who do not work.