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Due to the complexity of the tasks involved in many projects, communication of responsibility for those tasks is often helped by means of graphical planning techniques.
Explain the importance of Gantt charts in the project communication process.
Gantt charts can be used in project communication as a reporting tool in the monitoring of real progress of the project against projections/forecasts, for instance, on a week-by-week or day-by-day basis. Gantt charts give visual representation of activities and give an overview of responsibilities of the progress of the project for the project team, supporting in project coordination.
Explain the factors affecting the choice of a maximum cash balance amount. The maximum cash balance amount is regulated by available investment opportunities, the expected payb
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