... Table of Contents 1 Introduction 2 2 Aspect 1: Risk Analysis 2 3 Aspect 2: Risk Monitoring and Control Stage 3 4 Conclusion 5 5 Reference 6 1 Introduction In our attempt to cover all areas of the Risk Management process within such a small time frame, some areas of this Project Management principal were briefly covered or overlooked. In my opinion the following two key aspects could have been better managed by our group towards the contribution of the final presentation: • Risk Analysis Stage within the Risk Management Cycle (Refer to Figure 1 and 2) and, • Risk Monitoring and Control Stage (Refer to Figure 1 and 2). 2 Aspect 1: Risk Analysis In our final video submission we specifically focused on one of the two methods used to undertake Risk Analysis, which was qualitative. The qualitative approach is the most used method due to its usually rapid and cost effective means of establishing priorities for Risk Response Planning (PMBOK,2004), thus the reason for our focus. But there are two problems with this approach first their meaning can be widely interpreted and secondly you cannot do much with them except to have biased rules about combining them and taking this as an indicator of the overall significance of the risk.(Department of Commerce, 2004) The Quantitative method is the other technique used in Risk Analysis which was only briefly mentioned in the final presentation due to reasons discussed above. In my belief this...
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...BELLA HEALTHCARE INDIA Project Plan Centennial College Juliana Goes – 300685822 Maria Chernobrovkina – 300675947 Timothy Jogbodo – 300673137 Virendra Sabbanwar – 300677485 PMGT 428 – 103 Bob Xourafas June 18, 2012 Table of Contents PROJECT INITIATION 1 Project Charter |Prepared by: Maria Chernobrovkina |Date: Jun 15, 2012 | |Project Title: Bella Healthcare India | |Project Start Date: Jun 18, 2012 |Project Finish Date: Jul 25, 2012 | |Budget Information: The project’s budget is $ 100. | |Project Manager: Virendra Sabbanwar – +1(647) 721-0678 – vsab@my.centennialcollege.ca | |Project Objectives: | |Choosing an international project topic; | |Receiving approval of the international project topic – “Bella Healthcare India”; | |Elaborating...
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...Palayan City S Y L L A B U S COURSE NO. : Math 18 PROGRAM: B.S. in Business Administration DESCRIPTIVE TITLE : Quantitative Techniques YEAR AND SECTION: 3A, 3B, 3C, 3D CREDIT : 3 Units SCHOOL YEAR: 1ST SEMESTER 2013-2014 COURSE DESCRIPTION: This course is designed for Commerce and Accountancy students which deals with the basic algebraic expressions, linear equations and inequalities, solving problems in a linear programming involving graphical method, simplex method, transportation method and assignment method, the break even analysis, the decision theory, business forecasting and inventory. GRADING SYSTEM: To obtain a passing mark, students should at least master 75% of the lesson. Computations of grades are shown below: For Prelim, Midterm and Final: |Class Standing (70%) |Examination (30%) | |Quizzes (20%) |Assignment (10%) |Project(20%) |Participation(20%) | | |Tentative Grade = Class standing + Examination | |Final Grade = Prelim (30%) + Midterm (30%) + Final (40%) | COURSE CONTENT: |Time Allotment |Unit...
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...QUANTITATIVE ANALYSIS: DESCRIPTIVE STATISTICS Introduction Suppose that we have carried out a survey on the effect of carrying out a management audit with three groups of nine participant institutions each i.e. small medium and large. Each group was given the same survey questions in questionnaire format and the answers from the scores were tagged between 0 and 20. What is to be done with the raw scores? There are two key types of measures that can be taken whenever we have a set of scores from participants in a given condition. First, there are measures of central tendency, which provide some indication of the size of average or typical scores. Second, there are measures of dispersion, which indicate the extent to which the scores cluster around the average or are spread out. Various measures of central tendency and of dispersion are considered next. For this assignment, a survey is the type of data collection method in consideration and how the results of that survey would be analysed. SURVEYS Surveys are a very popular form of data collection, especially when gathering information from large groups, where standardization is important. Surveys can be constructed in many ways, but they always consist of two components: questions and responses. While sometimes evaluators choose to keep responses “open ended,” i.e., allow respondents to answer in a free flowing narrative form, most often the “close-ended” approach in which respondents are asked to select from a range of...
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...to address declining sales and profit. Management assured the federal government that actions would be taken to avoid a loss for the 2014 fiscal year, and set a 5% net profit margin target to be met, within three years, as a corporate goal. This target was approved by both the Board members and the federal ministers, to whom they report. The following alternatives were identified for consideration: 1. Invest in renovations in order to proceed with the Bitumen Shipping Project. 2. Divest the Cruise Ship Terminal. 3. Operate a Passenger Ferry. Additionally, the following minor alternatives were identified: 1. Allow a local entrepreneur to build a reception centre in the cruise ship terminal and pay a royalty of 8% of revenue to CLPA. 2. Build a fitness facility in order to reduce sick time. As Kyle Wast, CMA, prepare a report for CLPA’s executive team advising them on the opportunities discussed and addressing any other organizational issues and concerns requiring their attention. Include details of your analysis, support for your recommendations, an action plan to implement those recommendations, and a financial forecast. In undertaking this task, you will need to take into consideration your background knowledge of the organization and industry as well as the additional information provided herein. CICA and CMA Canada joined together January 1, 2013, to create CPA Canada as the national organization to support unification of the Canadian accounting...
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...Ads by Google This hub discusses some of the common elements in a research proposal. Whether you are doing quantitative or qualitative research, it is important that you outline the reasons why you propose doing the study and what process or procedures you will follow to complete the proposed study. Some of the important parts of a good quantitative or qualitative research proposal include: 1. Determining the general topic; 2. Performing a Literature review on the topic; 3. Identifying a gap in the literature; 4. Identifying a problem highlighted by the gap in the literature and framing a purpose for the study; 5. Writing an Introduction to the study; 6. Framing research hypotheses and or research questions to investigate or guide the study; 7. Determine the method of investigation 8. Outline the research design 9. Define the Sample size and the characteristics of the proposed sample; 10. Describe the procedures to follow for data collection and data analyses. Determine a General Topic The first step in writing an academic research proposal is to idenitfy a general topic or subject area to investigate. Usually this first point is the easiest because the research proposal will be tied to the overall theme of a course. In such a case, the the general subject for investigation is normally determined by a professor who is leading the class, the school's department chair, or academic advisory committee. Perform a Literature Review ...
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... ROOM: L330 INSTRUCTOR: MR. ENRICO L. CORDOBA (lance_emeric@yahoo.com) COURSE DESCRIPTION: MANASCI (MANAGEMENT SCIENCE) is a 14-week course on the study of quantitative techniques in business decision-making. The course covers linear programming models and its special algorithms; network (PERT/CPM) models; decision-making theories and processes; and decision tree construction and analysis. LEARNING OUTCOMES (LO): On completion of the course, the student is expected to be able to do the following: |ELGA |LEARNING OUTCOME | |Effective communicators |To present in class the application of quantitative techniques to management decision | | |models through case analysis | |Critical and creative thinkers |To develop analytical thinking and proper reasoning in the application of quantitative | | |techniques to management decision models | | |To acquire the essential skills for the proper use of quantitative techniques in | | |business decision-making | |Technically...
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...Project Management-C101 Section A Part One: 1. C) Project 2. C) Lower cost of capital 3. D) Projects involve little uncertainty 4. C) Meeting communications goals 5. A) Proposal 6. A) Project Management 7. A) Strategic, tactical 8. B) Program 9. D) Technical skills 10. B) Process Part Two: Q1. Project management is a one-time carefully planned and organized effort to achieve a specific goal. Project management includes: Developing a project plan, which includes defining project goals and objectives, specifying tasks or how goals will be achieved, what resources are need, and associating budgets and timelines for completion Implementing the project plan, carefully to make sure the plan is being managed according to plan. The different phases of a project lifecycle are as below: Project Lifecycle 1. Project Initiation Project Initiation in simple terms is: starting up the project. We initiate a project by defining its reason, business goals, and scope. The reason for initiating it, and the propose solution to be implemented. We will also put together a project team, define early milestones, and early budget proposal. With the above information we can move on and perform an end of Phase study in order to get a GO No GO decision. 2. Project Planning Once we define the project and assemble the project team, we are ready to enter the in depth Project Planning phase. This involves creating the "PMP", Project Management Plan, in...
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...involves wild-range of activities in many organizations. Procurement activities in the United Nations, of example, involves and to mention few - the acquisition planning; the drafting; the reviewing and approving Specifications. Seeking to measure and improve procurement practices in non-governmental organizations in comparative perspective, this research proposal aims to explore the successes and failures of the procurement practices by the United Nations procurement division. The research will attempt to explore both challenges and the successes of their operations since they began more than 60 years ago. I intend to provide a thorough yet concise overview of sustainable procurement practices and the project be structured in the following manner. I will Begin with a thorough analysis of the background for United Nations procurement practices and activities. Thereafter, the discussion about reasons for undertaking the study, this will be followed by a section on research aims, the research finding will be discussed and a concluding statements with a suggestion for further research on this topic will be presented. General purpose of the study and main research questions George & Lacey, (2000) study mentioned that, within the last several years there has been a concerted effort from a number of sources to control the pervasive and persistent problem of corruption among the...
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...reflective-analysis essay format about QL research methods and process that contains a discussion of the following four components. First, the author highlights how QL research orientation is different from QN research orientation. Next, the author explains methodological insights that have been gained through the interview and QL data analysis exercises. Considerations for designing a QL research dissertation based on the semester’s learning are discussed next. Last, the author shares what she needs to do or learn in depth to be able to design a sound QL dissertation. Introduction The world of academic research is one of constant change. With the advent of new technology and practices as well as emerging fields such as organizational leadership, researchers have more choices by which to capture data and analyze their findings. In addition, qualitative research (often designated as “QL” by researchers) is gaining momentum as an accepted methodology within the greater academic community. Whereas quantitative methods are essentially statistical measures used to describe phenomena as a means to bring about generalization, qualitative methods (including participant observation, intensive interviewing, and focus groups) are utilized to capture experiences as they occur socially (Chambliss & Schutt, p. 222). As a student, much can be garnered from the research process. Gaining an appropriate understanding of the basic differences between qualitative and quantitative research is...
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...Contents 2.1 Motivation 2 2.2 Maslow’s Hierarchy of Needs 2 2.3 Drives for Employee Motivation 3 2.4.1 Management Commitment 4 2.4.2 Training and Development 4 2.4.3 Respect and Recognition 4 2.4.4 Role of pay 5 2.4.5 Proposed Replica to Motivate Workers in McDonald 6 Introduction 7 3.1 Qualitative & Quantitative Research Methods 7 3.2 Final selection for the project 7 2.3 Primary data or secondary data 8 2.4 Research Tools 8 2.5 Population Sample 8 2.6 Sampling technique 8 2.7 Advantages of qualitative research methods 9 2.8 interviews 9 2.8.1 Advantages and disadvantages of face to face interviews. 9 Literature Review 2.1 Motivation By Anne (2010) motivation basically came from a Latin-word-mover whose basic meanings indicate movement, in simple way using efficient approach/way for reaching final targets. According to Edwards (2007) nowadays in organizations motivation is treated like catalyst for getting competitive edge over rivals. By Jaffery (2009) a strong relationship exists between motivation and job performance. In view of Halverson (2005) motivation acts like oxygen for organizations and it is of huge importance especially in such business (services) where workers have direct link with consumers as in food business. It is a million dollar advice for managers in fats food companies that they must focus on identifying indicators which definitely stimulate workers for performing their jobs in an efficient manner. Fast food business has become very...
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...Analysis of external and internal risks in project early phase Authors: Alquier A.M. Cagno E. Caron F. Leopoulos V. Ridao M.A. Abstract During the early “conceptual” phase of a project life-cycle – considering for instance a competitive bidding process when a request for bidding has been received by an engineering & contracting company and the decision to bid has been made – the main objective of the proposal manager is to achieve an effective trade-off between the bid competitive value on the side of the client expectations and the project baseline in term of time/ cost / performance constraints on the side of the utilisation of the internal resources. Since project final performance depends primarily on risk analysis and management, a “risk driven approach” to Project Management appears to be necessary, particularly during the project early phase when only scarce information is available and contractual obligations are to be taken. In this context, both “internal” risk (e.g. probability of cost overrun) and “external” risk (e.g. probability of winning) must be taken into account. The paper presents the PRIMA (Project RIsk Management - IST-1999-10193) research project aiming at implementing such a “risk driven approach” to Project Management through the development of a Risk Management Corporate Memory and a Decision Support System allowing for collecting, storing, sharing, using company knowledge both in terms of data records and experts knowledge in order to improve...
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...Project Management-C101 Section A Part One: 1. C) Project 2. C) Lower cost of capital 3. D) Projects involve little uncertainty 4. C) Meeting communications goals 5. A) Proposal 6. A) Project Management 7. A) Strategic, tactical 8. B) Program 9. D) Technical skills 10. B) Process Part Two: Q1. Project management is a one-time carefully planned and organized effort to achieve a specific goal. Project management includes: Developing a project plan, which includes defining project goals and objectives, specifying tasks or how goals will be achieved, what resources are need, and associating budgets and timelines for completion Implementing the project plan, carefully to make sure the plan is being managed according to plan. The different phases of a project lifecycle are as below: Project Lifecycle 1. Project Initiation Project Initiation in simple terms is: starting up the project. We initiate a project by defining its reason, business goals, and scope. The reason for initiating it, and the propose solution to be implemented. We will also put together a project team, define early milestones, and early budget proposal. With the above information we can move on and perform an end of Phase study in order to get a GO No GO decision. 2. Project Planning Once we define the project and assemble the project team, we are ready to enter the in depth Project Planning phase. This involves creating the "PMP", Project Management Plan, in...
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...[pic] |Quantitative Methods – MAT 540 | |Student Course Guide | |Prerequisite: MAT 300 | |INSTRUCTIONAL MATERIAL – Required | |( including all mandatory software) | |Taylor, B. M. (2010). Introduction to management science (10th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. | |Treeplan add-on for Excel. This software is available in the Open Lab at Strayer campuses, and can also be downloaded from the textbook's | |companion Website. http://wps.prenhall.com/bp_taylor_introms_10/112/28870/7390752.cw/-/7390754/index.html | | | |COURSE DESCRIPTION | |Applies quantitative methods to systems management...
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...Table of Contents Capstone Proposal Summary 1 Goals and Objectives 6 Project Charter & Scope Statement 8 Project Plan and Timelines 11 Project Development 13 Project Summary 15 References 16 Appendix 1: Competency Matrix 17 Appendix 2: Website Screen Shots 19 Appendix 3: Site Structure Map 24 Capstone Proposal Summary My Capstone project is to develop a website for a startup company that was recently formed by my family. This company is just starting out and will have a wide, diverse range of products and services. Some of these will include website design, remote network support, graphic design, photography sessions, and technical support. The web presence is an initial step to introduce the company. Following this, prospective customers will be able to access the website for information about the company and the services offered. Future updates will include the addition of available products made by the company. The site will need to provide information about the company’s qualifications and certifications of the staff, contact information, and information request forms. In anticipation of future growth of the services and products offered, a site template page will need to allow for the creation of additional pages and information. The project is forecast to be completed in three basic phases. The first phase will be to define the content to be initially included on the site by researching other company websites of a similar nature. ...
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