Managing a large financial project

Assignment Help Accounting Basics
Reference no: EM13917885

CIS 510 Case Study 2
Managing a Large Financial Project

Due Week 6 and worth 50 points
Your company has just hired a new CEO, and you make an appointment with her to discuss a large financial project that you have been managing. You make the following statement: "In our company, each project defines its own process and technology architecture to implement systems. The financial project is behind schedule, and I know how important it is to the company, so I wanted to make you aware that the deadline is at risk."
The CEO responds, "Why can't you just shift some staff from less important projects to the financial project?"
Write a two to three (2-3) page paper in which you:
Explain how you would respond to the CEO.
Contrast and defend how the lack of processes and standards or explicit processes and standards by the company presents a challenge when making your recommendation(s).
Suggest a solution that addresses the CEO's question about this problem.

Reference no: EM13917885

Questions Cloud

Social standing of women and men in hunting : The social standing of women and men in hunting and gathering societies is: A) unequal, with men controlling farming. B) equal, because both men and women perform the same tasks.
Depreciated straight-line to zero over nine-year tax life : Consider an asset that costs $873,900 and is depreciated straight-line to zero over its nine-year tax life. The asset is to be used in a six-year project; at the end of the project, the asset can be sold for $136,300.
Marginal profit : At the first of the current year, CMR received an order for 3,000 parts from a company in Mexico. If the Mexican company is only willing to pay $27 for the part and CMR has excess capacity, should CMR accept the order? What will be the marginal profi..
Advising about a software purchase : Your local art museum recently purchased a quad-core computer with 16 GB of RAM. The curator read an article about an art collection inventory system software package that could go on the new computer.
Managing a large financial project : Your company has just hired a new CEO, and you make an appointment with her to discuss a large financial project that you have been managing. You make the following statement: "In our company, each project defines its own process and technology ar..
Examine control mechanisms available to business manager : What do we mean by the terms ‘co-ordination' and ‘control' as they relate to organisational structure? Examine the co-ordination and control mechanisms available to the business manager.
What is the supply chain for power one : What is the supply chain for Power One? Where does your organization bring value in this supply chain? Who are your main partners and suppliers? What are their locations? What is your contingency plan?
Compare herzbergs two factor theory as applied to job design : Compare and contrast Herzberg's two factor theory as applied to job design, and the job characteristics model of job design.
Discuss the mergers and acquisitions that the ufc has made : Merger and acquisition strategies and how they relate to strategic competitiveness. Discuss the mergers and acquisitions that the UFC has made? How has these increased UFC's strategic competitiveness?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Why do you think companies that practice good corporate

Why do you think companies that practice good corporate governance tend to be successful in business?

  Allocate joint production costs to each product using the

bubble corporation manufactures two products i and ii from a joint process. a single production costs 4000 and results

  Making consolidation worksheet entries

Assume that chapman company acquired abernethy's common stock for $490000 in cash. as of January 1, 2009, abernethy's land had a fair value of $90000, its buildings were valued at $160000 and its equipment was appraised at $180000. chapman uses th..

  The mon elisa museum of fine arts is an nfpo

The Mon Elisa Museum of Fine Arts is an NFPO that derives most of its resources from wealthy patrons. Mon Elisa has recently changed its accounting system to eliminate the use of separate funds.

  Prepare an income statement and a retained earnings

the solo hotel opened for business on may 1 2014. here is its trial balancebefore adjustment on may 31solo hoteltrial

  Intercept inc estimated that for 2009 761250 of overhead

intercept inc. estimated that. for 2009 761250 of overhead costs would be incurred at 175000 machine hours. during 2009

  In september one of the processing departments at shenkel

in september one of the processing departments at shenkel corporation had a beginning work-in-process inventory of

  Fallow co had the following transactions during the current

fallow co. had the following transactions during the current period. mar. 2 issued 5900 shares of 6 par value common

  Determine the direct materials price variance direct

the following data relate to the direct materials cost for the production of 2000 automobile tiresactual 54600 lbs at

  The company has only 2000 machine hours available each

manny company produces three products x y and z with the following characteristicsx y

  Compute the equivalent units of production for 1 materials

the blending department of luongo company has the following cost and production data for the month of april. costsnbsp

  Thun company has been in operation for several years it has

income taxesthun company has been in operation for several years. it has both a deductible and a taxable temporary

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd