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A sequence flowchart is a useful tool for analyzing project costs. It graphically depicts the process being studied and shows relationships between activities, costs, time,
A sequence flowchart is a useful tool for analyzing project costs. It graphically depicts the process being studied and shows relationships between activities, costs, time, and responsibilities. Below are the steps for preparing a sequence flowchart. Place them in their correct order. - Determine how many times the process is accomplished in a year. - Review project scope. - Identify each activity in the correct sequence. - Identify other related manufacturing costs and record this information. - Walk through the process from the beginning of the project to the end and ask questions to better understand the process. - Identify each department involved in the process. - Determine the average time it takes to perform each task
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