1. Assess how an organization’s culture influences financial planning.
Financial Planning is a crucial part of my job responsibilities, which I exhibit in the initial phase of Software Development Life Cycle. As I work as QA Analyst, it is very important to calculate the estimation of the effort to achieve the end result. During this process while calculating time and effort, I have to make sure to utilize the allocated budget is equivalent to the estimation. While financial planning I work closely with the Project Manager and the Sponsors of the project.
2. Examine the relationship between operational or production variables and operations.
Operational or production variables and operation go hand in hand with the quality assurance. I as a QA Analyst have to manage enhancement and building which is being built for the end user or the client. …show more content…
In this process I evaluate and analysis data related to revenue and oversee financial statement. This exercise help the company understand their performance financially. It is very essential to examine fiscal performance as the finding can be utilized to highlight the issues and concerns which we have to improvise.
4. Evaluate the value/costs of research and development of new services or products.
I work extensively on research and development of new products. It is my core duty to focus on delivering the product on the bases of the client requirement. During this process, I have to insure to utilize the budget which has been allocated for the project and to assist this work, I have to evaluate and estimate the cost of the research and development. I work hand in hand with the Project Manager to review the effort and convert it in the dollar value to convey the message to the Sponsors.
5. Determine the probability of successfully implementing new processes or