Though E-HRM Has Only Been Used in Organisations for a Short

question 32

True/False

Though e-HRM has only been used in organisations for a short time productivity gains, cost reductions and faster processes have been noted:

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Definitions:

Contingency Reserves

Funds or resources set aside to cover unexpected costs or risks in a project or budget.

Management Reserves

Funds set aside in a project budget by management for unforeseen work or risks, not part of the baseline budget but available for use as needed.

Cost Variance

The difference between the budgeted cost of work performed and the actual cost of work performed on a project.

Estimate To Complete

A financial analysis projecting the cost required to finish a project based on its current status and past performance.