How might you determine if cost estimates are biased?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (17 reviews)
With respect to a cost estimate it is not desirable to either over or underestimate costs When a d...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Project Management A Managerial Approach
ISBN: 978-0470533024
8th edition
Authors: Jack R. Meredith, Samuel J. Mantel Jr.
Question Posted:
Students also viewed these Management Leadership questions
-
How might you determine the speed of light in a solid, rectangular, transparent object?
-
How might you determine whether toothpaste manufacturers and mouthwash manufacturers are competitors?
-
How might you determine whether flute-playing ability is a highly heritable trait? If you want to improve your flute playing and someone tells you that musical ability is heritable, should you stop...
-
The following scatter plot indicates that 200 150 > 100 50 0 0 20 X 40 O a log x transform may be useful Oa y transform may be useful a x transform may be useful Ono transform is needed Oa 1/x...
-
Find a polynomial function of degree 5 with -3 as a zero of multiplicity 2, 2 as a zero of multiplicity 1, and 0 as a zero of multiplicity 2?
-
What is meant by aspect ratio?
-
What is the difference between null and alternative hypothesis?
-
For each definition (or portion of a definition) in the first column, select the term that most closely applies. Each term may be used only once or not at all. Definition (or Portion) a. A detailed...
-
Convert the following NFA to an equivalent deterministic finite automaton: Start 0.1 Provide both the state diagram as well as the definition of each component of the proposed M = (E,Q, S, A, 6).
-
A bridged-T network is often used in AC control systems as a filter network [8]. The circuit of one bridged-T network is shown in Figure P2.8. Show that the transfer function of the network is Sketch...
-
Describe the learning curve phenomenon.
-
What is the difference between project and category-oriented budgets?
-
In the book Business Research Methods, Donald R. Cooper and C. William Emory present box-and-whiskers plots comparing the net profits of firms in five different industry sectors. Each plot (for a...
-
Complete the table about estimation of asset acquisition. a. In your own words, describe each listed data used in estimation of asset acquisition. b. In your own words, explain how the data is used...
-
calculate the accessible income INCOME $ $ C - OTHER SALES OF GOODS AND SERVICES Sales of goods and services to Australian customers 525000 Exported sales of goods and services 65000 590000 H - TOTAL...
-
describe the corporation j McIntyre machinery and its activities or contacts with he unites states.
-
Polly's Pet products has a balance sheet and a statement of cash flow. In the balance sheet the value of cash under current assets is missing. How can I find the value for cash using the statement of...
-
Match the action to the correct corresponding step of the accounting cycle. Record transactions in journals. Analyze source documents. Take a trial balance. Analyze financial statements. Transfer...
-
Use linearity and formulas (3)(5) to rewrite and evaluate the sums. 30 j=2 j+ 4j2 3
-
Outline a general process applicable to most control situations. Using this, explain how you would develop a system to control home delivery staff at a local pizza shop.
-
Based on Statement 4 and Exhibit C, the sluggish economic growth in Country C is least likely to be explained by: A. limited labor force growth. B. export-driven currency appreciation. C. poorly...
-
What primary characteristic distinguishes the very successful project managers from the more mediocre project managers?
-
In Table 3 , match the rankings between skills and problems. Why arent the top skills matched to the main problems? Communication Breakdowns in communications Insufficient planning Resources...
-
In Table 1 , which of the problems are related to project setup (perhaps occurring before a project manager was selected) and which are related to the project managers skills? Effective Resolution...
-
Jenny wishes to accumulate $10000 over 5 years for an overseas trip. She will make a deposit every 6-months, and the funds will earn the interest rate of 4% per annum compounded semi-annually. How...
-
Write a short C++ program that will prompt the user and input three integer values (month, day, year) from the console in a "date" format that includes '/' separator characters. e.g., 8/21/2013. Your...
-
Aimee is the owner of a stock with annual returns of 12.3 percent, -5.0 percent, 6.6 percent, and 18.2 percent for the past four years. She thinks the stock may achieve a return of 27 percent this...
Study smarter with the SolutionInn App