Chapter 19, Problem 22AA

To determine

To ascertain: The percentage of the tsunami aid budget that was dedicated to program management.

Explanation of Solution

For finding percentage of the tsunami aid budget that was dedicated to program management need to divide program management amount to the total aid amount multiply by 100.From the above data represents the amount of aid given to India $17.9 million, Indonesia $ 400.1 million, Maldives $ 12.0 million, Srilanka 134.6 million, Tailand $5.3 million, other countries $ 33.4 million and program Management $21.4 million given by the developed nation. So to know the total aid made to countries need to add all the amount of aid to all countries so this is equal t amount $624.7 million. So the percentage of the tsunami aid budget was dedicated to program management is $21.4 million / 624.7 million * 100== 3.42 %

Project management is critical because it ensures what is delivered, is accurate, and can bring real value to business opportunity. Every client has strategic objectives and the projects done for fulfilling the objectives

Economics Concept Introduction

Introduction: Project or programmed management is the practice of overseeing several related tasks, often with the goal of enhancing the efficiency of an organization.