Why is monitoring and controlling the project cost, Ask an Expert

Economics

Q1. What will happen to the demand/supply curve in case of "outsourcing" The cost of production decrease, profit of the firms increase and consumers have benefit also?

Q2. Is this affect only demand curve (price and quantity)? So the demand will shift to the right as the price decrease? And what about the supply curve?

Q3. Why is monitoring and controlling the project cost important for the success of the project? What are some key components to monitor the health of the project, as it relates to earned value? How is earned value management different than straight financial accounting?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9156969

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