...JIT Task 1 Risk Management Risk Management From the last decade risk management is the most researched and exciting area in the financial industry as it elaborates how to minimize and avert the hazard of risk from the portfolios of different assets and from the operations of financial institutions. Regulators and depositors mainly emphasize the risk management and according to them risk management is an essential ingredient to enhance the value of shareholders and increase their level of confidence. Risk management is the assessment of risks to mitigate, monitor and control the probability or impact on uncertain events. Risk management methods vary from industry to industry for instance it cannot be same for project management, industrial process and financial portfolios. As a management view point risk management is an important tool which is the used in decision making because it is systematic and well structured. For better utilization of risk management in management‟s decisions, risk analyst‟s reports must be based on the latest and best available information. The cause behind the mentioning of the Chinese proverb above is that risk management is the only tool which differentiates good management with bad. From a bank‟s standpoint, the term is usually used synonymously with specific uncertainty because the usage of statistics allows us to quantify the uncertainty which is called the measure of dispersion. My objective is to define what risk is all about and then see why...
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...SAMPLE - Safety Management System Risk Matrix Risk Severity Risk Probability 5 – Frequent 4 – Likely Catastrophic A 5A 4A 3A 2A 1A Critical B 5B 4B 3B 2B 1B Moderate C 5C 4C 3C 2C 1C Minor D 5D 4D 3D 2D 1D Negligible E 5E 4E 3E 2E 1E 3 - Occasional 2 – Seldom 1 – Improbable Assessment Risk Index Criteria Accountable Organizations Risk Review Board (RRB) and / or VP Corporate Safety, Security, Quality & Environment Managing Directors and / or Risk Analysis Board (RAB) 5A, 5B, 5C, 4A, 4B, 3A Unacceptable under existing circumstances requires immediate action 5D, 5E, 4C, 3B, 3C, 2A, 2B Manageable under risk control & mitigation. Requires RAB & management decision 4D, 4E, 3D, 2C, 1A, 1B Acceptable after review of the operation. Requires continued tracking and recorded action plans. Acceptable with continued data collection and trending for continuous improvement. Managing Directors, Managers and /or Accountable Org. Levels 3E, 2D, 2E, 1C, 1D, 1E Department Managers and / or Accountable Org. Levels Page 1 SAMPLE - Safety Management System Risk Matrix Probability of Occurrences Qualitative definition Frequent Meaning Likely to occur many times (occurred frequently) Will be continuously experienced unless action is taken to change events Likely to occur some times (occurred infrequently) The activity or event expected to occur 50-99% of the time. Will occur often if events follow normal patterns of process or procedure...
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...1a. The value chain comprises the following primary activities: inbound logistics, operations, outbound logistics, marketing and sales, and service. It also includes four support activities: infrastructure, procurement, human resource management, and information technology. Together the activities represent the ways an organization creates value for its stakeholders: vendors, customers, employees, stockholders, and others. 1b. The sales/collection process is concerned with providing goods and services to clients, then collecting the related payment. 1c. The sales/collection process comprises seven steps: a. Take a customer’s order b. Approve the customer’s credit c. Fill the order based on approved credit d. Ship the product e. Bill the customer f. Collect payment g. Process uncollectible receivables as necessary. 1d. Sales Order Packing Slip Bill of lading Invoice Check Remittance Guide Deposit Slip 1e. Internal controls in the sales/collection process should be based on a comprehensive risk analysis. Depending upon its risk exposures, an organization can implement internal controls such as document matching, separation of duties, bank reconciliations, and formalized policies for granting credit to customers. 1f. 1) They only accept checks. Dan should not collect payment, makes deposits, and reconcile the bank statement. 2) They should have a person collect the check, another person deposit the check, and a third person deposit...
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...------------------------------------------------- ------------------------------------------------- PROFITABILITY RATIO ANALYSIS: Najmun Nahar Srity Return on Asset (ROA): ID.No.091-11-924 Figure: Return on Asset (ROA) Interpretation: ROA (Return on Asset): ROA is a indicator of managerial efficiency, it indicates how capable the management of bank has been converting the institution’s assets into net earnings. In this example, the DBBL earned in year 2010 is 1.989693165 and in 2009 is 1.39102595.The Premier Bank in year 2010 is 2.632 and 2009 is 2.2988, which means the 2010 is than the 2009 by using tk. 100 of assets. Here we see that Premier Bank is higher on ROA, SO Premier bank is better than DBBL. Return on Equity (ROE): Figure: Return on Equity (ROE) Interpretation: ROE (Return on Equity): ROE is measure of rate of return following to this bank’s shareholder. If approximates the net benefit that the stockholder have received from investing their capital in the bank. For this example, DBBL shareholders will get 2010 is 28.63057606 and 2009 is 26.1431769. The Premier Bank shareholders get in 2010 is $28.0636 and 2009 is 23.4650, which mean the...
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...Fall 2014 PHYSICAL EDUCATION 109-102-MQSection 27 PHYSICAL ACTIVITY – Paddling Skills Mondays 1130 - 1330 in Room C-0137 PLUS Two Saturdays, September 20 and October 4 Course Weighting (0-2-1) for 1 credit Prerequisites: None 1. GENERAL INFORMATION – DEPARTMENT OF PHYSICAL EDUCATION Course Competency: To improve effectiveness when practicing a physical activity. Teacher name: Karen Oljemark Office: Room C-114A Telephone: 514 457-6610, extension 5746 Office Hours Posted on Omnivox and on my office door. E-mail contact: karen.oljemark@johnabbott.qc.ca 2. INTRODUCTION 2.1 Course Description In this compressed course, the student will learn the basics of paddling various small craft (canoes, kayaks, dragon boats etc.) on various local waterways. Compressed Course: Mondays 1130 – 1330 PLUS two Saturdays September 20 and October 4. IMPORTANT: You must also reserve the Emergency Cancellation Day of Sunday September 28, 2014. The College reserves the right to reschedule the course trip in case of unforeseen emergency. IMPORTANT: You must also reserve the Emergency Cancellation Day of Sunday September 28, 2014. The College reserves the right to reschedule the course trip in case of unforeseen emergency. 2.2 Course in the Context of General Education The teachers in General Education believe that students should achieve some depth of knowledge in the specific disciplines offered in their programs...
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...Risk Management Plan Table of Contents 1 Executive Summary.......................................................................................................... 1.1 Purpose.......................................................................................................................... 2 Risk Management Strategy............................................................................................... 2.1 Risk Identification........................................................................................................... 2.2 Risk Responsibilities....................................................................................................... 2.3 Risk Assessment ............................................................................................................. 2.4 Risk Response................................................................................................................. 2.5 Risk Mitigation ............................................................................................................... 2.6 Risk Contingency Planning............................................................................................. 2.7 Tracking and Reporting .................................................................................................. 2.8 Processes to Address Immediate Unforeseen Risks ....................................................... 1 Executive Summary Risk is defined as an event that has...
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...Server 2008 server, you will see a window similar to that shown in Figure 2-1. Figure 2-1 Server Manager Windows Server 2008 provides a new unified tool for administering all aspects of a particular server. When a Windows Server 2008 server boots for the first time, you will see the Initial Configuration Tasks window that allows you to perform initial configuration tasks, such as setting the computer name and configuring the Windows Firewall. You can add roles to a 2008 server from the Initial Configuration Tasks (ICT) interface or from the Server Manager console in the Administrative Tools folder. From here, you can add and remove different server roles (such as the DNS server role or the Active Directory Domain Services role), as well as perform system diagnostics; configure system services, such as the Windows Firewall; and drill down into specific administrative tools, such as the DNS Management Console or Active Directory Users and Computers. In computers, best practices are guidelines that are considered the ideal way to configure a server. Best practice violations can result in poor performance, poor reliability, unexpected conflicts, increased security risk or other potential problems. To make it easier to find and apply best practices, Server Manager includes a Best Practices Analyzer (BPA) starting with Windows Server 2008 R2. To access the BPA in Server Manager, perform the following: 1. Open Server Manager. To open Server Manager, click Start, point to Administrative...
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...Risk Management: Task 1A Dave Christian Western Governors University Author Note Research conducted by Dave Christian, College of Business, Western Governors University. Dave Christian is now founder at Helpology. This paper is referenced as an American Psychological Association (APA) research paper template available for free, worldwide use at Helpology (helpology.org) categorized under: Helpology Lifelist/Respect/Writing/FREE Helpology APA. Correspondence concerning this paper should be addressed to Dave Christian, Founder, Helpology, 2340 E. University Dr., Lot 85, Tempe, AZ 85281; Phone: (480) 331-9631; Email: Mr.Dave.Christian@gmail.com; Web site: helpology.org. Risk Management: Task 1A One of the world's wealthiest investors of all time, Warren Buffett (n.d.), said, "Risk comes from not knowing what you're doing." Furthermore, "Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning," said risk management author Charles Tremper (n.d.). As a newly hired consultant, we have been tasked with the duties of creating and presenting a risk management/business contingency plan for our first client. The legal department and the IT department have both expressed concerns regarding the ethical use and protection of sensitive data, customer records, and other information systems content. In the interest of creating confidence and job satisfaction in this new position, our new employer has decided to let us select our first client...
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...Risk Management: Task 1A Dave Christian Western Governors University Author Note Research conducted by Dave Christian, College of Business, Western Governors University. Dave Christian is now founder at Helpology. This paper is referenced as an American Psychological Association (APA) research paper template available for free, worldwide use at Helpology (helpology.org) categorized under: Helpology Lifelist/Respect/Writing/FREE Helpology APA. Correspondence concerning this paper should be addressed to Dave Christian, Founder, Helpology, 2340 E. University Dr., Lot 85, Tempe, AZ 85281; Phone: (480) 331-9631; Email: Mr.Dave.Christian@gmail.com; Web site: helpology.org. Risk Management: Task 1A One of the world's wealthiest investors of all time, Warren Buffett (n.d.), said, "Risk comes from not knowing what you're doing." Furthermore, "Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning," said risk management author Charles Tremper (n.d.). As a newly hired consultant, we have been tasked with the duties of creating and presenting a risk management/business contingency plan for our first client. The legal department and the IT department have both expressed concerns regarding the ethical use and protection of sensitive data, customer records, and other information systems content. In the interest of creating confidence and job satisfaction in this new position, our new employer has decided to let us select our first client...
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...Applied Business Challenge BPD3100 Year:2015 Semester/ Dates: 1 2015 Location: Melbourne, Sunway KL&JB-CUFE-VU Sydney-Liaoning, Vietnam Prepared by: Andrew Stein / Maria De Sensi Welcome Welcome to this unit of study. This Unit Guide provides important information and should be kept as a reference to assist with your studies. This Guide includes information about your reading and resources, independent learning, class activities and assessment tasks. It is recommended that you read this Guide carefully: you will be expected to manage your learning as you work towards successful study. Detailed in formation and learning resources for this unit have also been provided on the Unit website on VU Collaborate which can be reached via the Student Portal at vu.edu.au/student-tools/myvu-student-por tal. It is important that you access your Unit website regularly. Acknowledgement of Country We respectfully acknowledge and recognise the traditional owners, their Elders past and present, their descendants and kin as the custodians of this land. Introduction to the unit Unit Title: Applied Business Challenge Unit Code: BPD3100 Other details: Key staff Unit co-ordinator Name: Andrew Stein Location: CF1024 Contact number: 061-99194332 Contact email: Andrew.stein@vu.edu.au Name: Maria De Sensi Location: G425 Contact number: 061-99195484 Contact email: Maria.De Sensi@vu.edu.au Teaching team Campus: Days and times: Year: 2015 Semester/Dates: 1 Credit Points: 12 alagarania@sunway...
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...MANAGERIAL ECONOMICS ASSIGNMENT 1A & 1B RUCHIKA SHINGNE 201600225 SEC C 1a. Scope of Economic Analysis Introduction Economics is the science of making decisions in the presence of scarce resources. Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals. There are mainly two key ideas in economics; that goods are scares and society must use its resources efficiently. Managerial economics is the study of how to direct scares resources in the way that most efficiently achieves a managerial goal. Managerial economics is the application of microeconomic theory and methodology to decisionmaking problems faced by private, public and non-profit institutions. It assists decision-makers i.e. managers in efficiently allocating scarce resources, planning corporate strategy, and executing effective tactics. Managerial economics to a certain degree is prescriptive in nature as it suggests course of action to a managerial problem. Problems can be related to various departments in a firm like production, accounts, sales, etc. Managerial economics or economics is categorized in two types; microeconomics and macroeconomics. Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources. Macroeconomics...
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...TASK 1 An employer’s obligations to his employee regarding pay are that an employer must administer pay, deduct taxes and pay benefits to their employees, employers must administer PAYE, National Insurance (Class 1 and 1a), Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), Statutory Paternity Pay and student loan deductions. An employer must provide employees with an itemised pay statement and pay employees with an itemised pay statement and pay employees in full at an agreed time. Employers must provide paid holidays for all workers, and pay men and women equally for equal work. Should a situation arise where an employer can not provide work they must pay ‘guarantee payments’. An employer must provide paid paternity and paid maternity leave to qualifying employees. An employer must pay employees at least the minimum wage prescribed by law. TASK 2 An employer can employ a 15 year old youth but only for certain hours and jobs. A 15 year old can not be employed in places such as a factory or industrial site. There are local bylaws which list the jobs that children can not do. These bylaws may also have other restrictions relating to working hours and conditions or require an employment permit. As an adolescent a 15 year old employee is entitled to two days rest each week and 12 hours rest in any 24 hours hour period. They must not work during school, before 7am or after 7pm, and are entitled to a break of at least 1 hour after working 4 hours. During term time a 15...
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...CFA Institute Research Challenge: Hosted by the CFA Society of Western New York St. Bonaventure University St. Bonaventure University Equity research conducted for competitive purposes in the 2013 CFA Institute Research Challenge Computer Task Group Inc. Information Technology Services Industry St. Bonaventure University Equity research conducted for competitive purposes in the 2013 CFA Institute Research Challenge Computer Task Group Inc. Information Technology Services Industry Outperform Recommendation: Buy Sector: Technology Exchange: NASDAQ Symbol: CTGX Beta: 1.22 Price: $18.49 Price Target: $ 21.59 Implied All-In Return: 16.77% Dividend Per Share: NA Yield: NA 52-Week Range: $11.89-$19.12 Shares Out. (MM): 18.7 Market Cap. (MM): 345.86 January 19, 2013 This report is priced as of market close January 7, 2013. All values in U.S. dollars unless otherwise noted. Outperform Recommendation: Buy Sector: Technology Exchange: NASDAQ Symbol: CTGX Beta: 1.22 Price: $18.49 Price Target: $ 21.59 Implied All-In Return:...
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...1a The definition of project. Project is temporary endeavor with a defined beginning and end, undertaken to meet the unique goals and objectives, usually to bring beneficial change or added value. It is a complex, non-routine, start date, specific objectives and conditions, clarify responsibilities, budget planning, a fixed end date, and participatory activities. The project's main goal is to meet customer needs, and carefully planned in order to achieve a specific purpose. To defining a project, its describes a discipline, structured method for selectively collecting information to use through all phases of the project life cycle, to meet the needs of all stakeholders, and to measure performance against the strategic plan of the organization. There are five generic steps for developing a project plan: Defining the Project Scope Project scope is a definition of the end results of a project, mainly is to define as clearly as possible. Project Scope describes what is the expectations to delivered when the project complete, it should define the results to be achieved in specific, tangible and measurable terms. To ensure that scope definition is complete, there is a checklist: Project objective The first step of project scope definition is to define the overall objective to meet the needs. Deliverables The next step is to define major deliverables. Milestones A milestone is a significant event in a project that occurs at a point in time. It should be natural...
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...JIT2 (Risk Management): Task 1A Our firm has been hired as a consultant, the first task my team and I have been assigned is to create and present to management both a risk management and a business contingency plan for our client. Both the legal and IT departments have expressed their concerns regarding the ethical use and protection of sensitive data, customer records, and other information systems content of both the firm and the client. In an effort to follow the company’s goal of each project building employee confidence and job satisfaction, the team has been allowed to select our first client. The client we choose can be a former or current employer, any local business, any nationally or internationally held publicly traded or privately held company. The one prerequisite is that the client operate globally in at least one aspect of it business. To help ensure anonymity and security any information that could be considered confidential, proprietary, or personal in nature will be excluded. No actual names of people, suppliers, the company, or other identifiable information will be included. In addition every effort will be made to ensure fictional names used will be obscure as possible. Company-specific data, including financial information, will be addressed in the most general and generic means possible when appropriate. Per the client’s request will address the following items: A. Generate a risk register that includes eight valid risks faced by the client. The...
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