Question

Review the definition of a "project".  Are the following projects? If no, make modifications that make them...

Review the definition of a "project".  Are the following projects? If no, make modifications that make them qualify to be projects:

A. Repair of a broken diesel generator

B. Raising my two kids to be the best

C. Cooking daily for my family

D. Preparing for my son’s wedding

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Project in simple words can be defined something which produces inventive and unique results, meaning it set of steps by which in the end a new product / service is created which is different than the project/service currently is in place, this can through an invention or may be by an innovation.

All of below activities are not projects, as none of them is producing a new product or service, all of these are routine and repetitive work done by different persons

A. Repair of a broken diesel generator

B. Raising my two kids to be the best

C. Cooking daily for my family

D. Preparing for my son’s wedding

Please find below the revised titles to be called as project:

A. Auto repair of broken diesel generator

B. Teaching kids how to do self-management

C. Reusable dishes for family use

D. Automation of wedding planning

Add a comment
Know the answer?
Add Answer to:
Review the definition of a "project".  Are the following projects? If no, make modifications that make them...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • You are given N mutually exclusive​ projects, and all except two of them meet the minimum...

    You are given N mutually exclusive​ projects, and all except two of them meet the minimum required rate of return. What is the minimum number of comparisons that you would make to select the best project based on incremental​ analysis? A. (N-1)! B. N-1 C. N-2 D. N-3

  • The movie “The Martian” can be viewed through the framework of project management. There are two...

    The movie “The Martian” can be viewed through the framework of project management. There are two different but simultaneous projects going on in The Martian. One is the survival project of Mark Watney and the other is the project aiming to save him. Watney has the right skills for his survival project: he’s a botanist, he knows how to repair a broken Pathfinder and the most important thing is he doesn’t panic even in his first day alone on Mars....

  • Matterhorn Mountain Gear is evaluating two projects with the following cash flows: Year Project X Project...

    Matterhorn Mountain Gear is evaluating two projects with the following cash flows: Year Project X Project Y 0 −$317,400 −$295,550 1 147,100 137,800 2 164,600 155,000 3 129,700 120,750 What interest rate will make the NPV for the projects equal? A)18.88% B) .41% C)11.80% D)13.27% E)19.30%

  • #1 Questions a) to e) refer to two projects with the following cash flows: Year Project...

    #1 Questions a) to e) refer to two projects with the following cash flows: Year Project B Project A -$200 -$200 80 100 100 100 a) If the opportunity cost of capital is 10%, which of these projects is worth pursuing? Explain. b) Suppose that you can choose only one of these projects. Which would you choose? The discount rate is still 10%. Justify your reasoning. c) Which project would you choose if the opportunity cost of capital were 16%?...

  • You are considering the following two projects and can only take one. Your cost of capital is 11.4 %. The cash flows for the two projects are as follows​ ($ million): Project Year 0 Year 1 Y...

    You are considering the following two projects and can only take one. Your cost of capital is 11.4 %. The cash flows for the two projects are as follows​ ($ million): Project Year 0 Year 1 Year 2 Year 3 Year 4 A −$102 $27 $31 $39 $49 B −$102 $49 $39 $31 $20 a. What is the IRR of each​ project? b. What is the NPV of each project at your cost of​ capital? c. At what cost of...

  • Chapter 14 Health and Stress – Case Study (14 marks) Rationale: Given the role that stress...

    Chapter 14 Health and Stress – Case Study (14 marks) Rationale: Given the role that stress plays in our lives, students are well-served by considering the symptoms of stress and the differences between adaptive and maladaptive coping. Instructions: Read the Stress Case Studies below and answer the questions that follow. Stress Case Studies Read the following case studies, which detail typical daily routines. Case study 2 Mel, 46, is a Business Analyst. She, her husband and three children aged 8,...

  • Direction: review the eassy prof it and summerize it. Add thesis with it. make changes if...

    Direction: review the eassy prof it and summerize it. Add thesis with it. make changes if posible Title The coporate puzzel When all you believe is people behind you until they turn their back on you. Times are hard when you are not to be worried about anything in life. I had a great job with a very working paid. Things were going smoothly until one day I had a call to my manager’s office saying he will like to...

  • 1. Which of the following describes the reason why scarcity exists? A. Governments make bad economic...

    1. Which of the following describes the reason why scarcity exists? A. Governments make bad economic decisions. B. The gap between the rich and the poor is too wide. C. Wants exceed the resources available to satisfy them. D. There is too much unemployment. 2. Which of the following defines economics? Economics is the social science that studies ________. A. the best way of eliminating scarcity B. the choices made to cope with scarcity, how incentives influence those choices, and...

  • Project 7: Vehicles 1 Objective In the last couple projects, you’ve created and used objects in...

    Project 7: Vehicles 1 Objective In the last couple projects, you’ve created and used objects in interesting ways. Now you’ll get a chance to use more of what objects offer, implementing inheritance and polymorphism and seeing them in action. You’ll also get a chance to create and use abstract classes (and, perhaps, methods). After this project, you will have gotten a good survey of object-oriented programming and its potential. This project won’t have a complete UI but will have a...

  • For this set of Review Questions, we will create and use a database for the Wedgewood...

    For this set of Review Questions, we will create and use a database for the Wedgewood Pacific Corporation (WPC) that is similar to the Microsoft Access database we created and used in Chapters 1 and 2. Founded in 1957 in Seattle, Washington, WPC has grown into an internationally recognized organization. The company is located in two buildings. One building houses the Administration, Accounting, Finance, and Human Resources departments, and the second houses the Production, Marketing, and Information Systems departments. The...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT