Monthly Archives: February 2021

FIFO vs LIFO: Choosing the Right Inventory Valuation

by wadminw on February 11, 2021

However, when the more expensive items are sold in later months, profit is lower. LIFO generates lower profits in early periods and more profit in later months. The difference between $8,000, $15,000 and $11,250 is considerable. So, which inventory figure a company starts with when valuing its inventory really does matter. And companies are required […]

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Pros & Cons of the Kanban Method in Project Management

by wadminw on February 05, 2021

In each sprint, the team has specific roles and follows specific ceremonies. For example, Disciplined Agile Delivery (DAD) builds on the practices of Agile, Scrum, and Lean to provide a solid foundation from which to scale. DAD was developed to provide a more cohesive approach to Agile, taking strategies from Scrum, Kanban, Extreme Programming, and […]

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