Lessons Learnt in Project Management - 3415 Words

Introduction Lessons learned in Project Management In good project management, it is very important that the project manager with the help of the project team capture and document for historical reference the experiences encountered during the course of carrying out a project. These experiences whether positive or negative or from past or present projects, are very vital to process maturity and improvement and are hence incorporated into future project management procedures.[6] This idea of project management via lessons learned/ past experience tool is very vital to the success of a company or organisation with regards to the performance of present and most importantly future projects. This is because it helps many project managers across†¦show more content†¦This is due to the fact that corporate memories are often very short and an individual’s memory can be highly selective. Hence, the major cornerstones of events within a project can be focused upon, but the underlying reasons for these events completely forgotte n. Therefore a formal collection of lessons learnt in the course of a project, by the project manager and the project team, is a vital activity in administrative closure.[9] Goals Of A Lessons Learned Process The project manager and project team’s goals, when carrying out lessons learnt sessions, at the end of a project, include ensuring that the outcome is knowledge sharing and positive impact on future projects. The goal should also be to create a positive environment which is blame free and participants can be honest about the setbacks encountered in the course of the project. The project review process should also aim at balancing the amount of precious people-time utilised, to the returns of this time investment on project team and organisation as a whole. This process should also have a goal of being able to set out pliable tools and methods for various project teams sizes to effectively analyse project occurrences and hence implement a cause of action forShow MoreRelatedThe Rock-n-Bands Case Analysis: Identifying the Simulating Issues1663 Words   |  7 PagesThe Rock-n-Bands Case Analysis Identifying simulating issues In the project analysis of Rock-n-Bands simulation, the task is to design a project which will coordinate a music festival. However, the project has some interference such as limited resource and short periods of time. The entire project has to go on for a maximum of ten weeks, with a limited number of five workers every week. Many aspects of the project have to be considered, but the fundamental aspects include; abstaining from anyRead MoreCourse Management : Personal Reflection908 Words   |  4 PagesMoodle Course Management System– Personal Reflection Part 1: My Contributions to the Project The purpose of the project was to build a Course Management System to help teachers design courses online, manage the activities in the course and effectively communicate with students in their class and collaborate with them in the course. I performed the role of a business analyst. As a business analyst, I had to understand the process of course management, how it has been handled till date in theRead MoreCase Study: The Global Economy1802 Words   |  7 Pagesimportance of cost estimation and cost control for many project organizations? The global economy has greatly changed project management strategies for many project since it had created barriers and challenges and also made project management easier in other aspects. First is that globalization has led to decreased trade barriers between countries which allows for sourcing of raw materials in a cost effective manner which allows projects to run smoothly. Secondly, globalization has led to market-drivenRead MoreManaging Budget Project Management At University764 Words   |  4 PagesHowever, from my own experience in risk management, we had fully planned for the event but always there are things that happen and you do not expect it, in the event day the internet at university was down and we couldn’t print out all materials that needed for the event so one of the group member went home and printed the bit missing .In addition , I’ve learnt from this is to print every thing and be ready one day before the event to avoid any delay that can happen . In the event day we expectedRead MoreGroup Responsibility Assignment Matrix ( Ram )1598 Words   |  7 Pagesassignment matrix(RAM) 4 Assignment Management 5 Group Assignment Plan 5 Assignment management 6 The Team 5 What went well 6 What â€Å"DID NOT† went well 7 Lessons Learnt 7 Introduction Successful achievement in a project, requires detailed understanding and capabilities of project management. Implementing the given task in the most appropriate ways will result in a successful project. Thinking about experience is an imperative ability for expert project managers. Venture directors shouldRead MoreProject Management Approach / Methodology Essay939 Words   |  4 PagesProject Management Methodologies MedDev is looking to streamline their resource planning across various departments in order to support their global growth and cut costs. In order to achieve this business objective, they are undertaking ERP Implementation as a Key project which involves largest investment MedDev has ever done as a single project. Thus success of this project is of prime importance to them. In order to achieve their business objective, project management and the used methodologyRead MoreEvaluation Of A Project On Risk Management1217 Words   |  5 Pages4. Project governance 4.1 Project organization 4.2 Project Governance 4.3 Governance Management Process 11. Risk Management 11.1 Risk management plan A risk is an indefinite event or circumstance that, if or when it does occur it can have a positive or negative effect on the project and its outcome. Risk is an integral part of every project and every project manager should assess risks throughout the phase of the project and develop plans on how to tackle themRead MoreManagement Functions And Functions Of Management1304 Words   |  6 Pages Essay Management is viewed as a critical part in any business or corporate commercial enterprises. Group assignments provide a useful platform for understanding the management functions that consist of planning, organizing, leading, and controlling (POLC). I totally do agree with this statement. Management of groups is actually the key to all of these P-O-L-C functions. Any management can accomplish and succeed objectives through the organizing execution of these fourRead MoreLearning Healthcare Organizations: The National Initiative for Childrens Healthcare Quality1428 Words   |  6 Pageswith chronic conditions, and to promote equity in care for everyone. Under the management of experienced professionals in children healthcare, its work focused towards improving childrens healthcare to realize this goal through awareness. NICHQ drives attention towards the need to spread the message of success demonstrating the possibility of improving childrens health care to realize better outcomes. It conducted a project to fit in excellence upgrading and cultural proficiency in clinics. Who wereRead MoreThe Role Of Leadership Of The Institution1370 Words   |  6 Pagessolutions to the problems. This idea should be implemented in three phases, each involving a particular group of employees working in the same hierarchy. Firstly, the top management should share the idea. At this level, the focus will be how the junior employees can be involved without necessarily breaking the chain of command. The management will also provide the guidelines for the implementation of the strategy. The second level of employees to be considers is the departmental leadership. AS workshop meant

The International Labour Organisation ( Ilo ) - 1104 Words

Responsible sourcing is a universal method to the sustainable evaluation of materials. This is an environmental, economical and social way of obtaining construction supplies such as concrete. Responsible sourcing is a progressively imperative factor for specifiers and clients in the construction commerce. The idea first industrialized in fair trade of food products and fair employment conditions for production of consumer goods. The International Labour Organisation (ILO) was founded in 1919 to be accountable for drawing up and supervising international labour standards. Responsible sourcing adds to this by involving other environmental, social and economic characteristics of sustainability. The UK government spearheads in this aspect of†¦show more content†¦There is an agenda for the organisational authority and supply chain management and this must be adopted clearly by all companies. It can be assumed that responsible sourcing can be a very crucial factor that contributes towards construction and civil engineering as concrete is used in almost all projects. This is why it is paramount to produce this concrete from trusted sources. Hence â€Å"89% of all concrete in 2012 was certified to BES 6001 and of the production tonnage certified, 99% has achieved Very Good or Excellent performance rating.† As sustainability is a key world issue now, it is important to keep in mind where companies produce their resources. If concrete was not responsibly sourced then a lot of unwanted issues could arise. For example it could lead to the concrete not being of the same quality as a responsibly sourced one. Also it may increase the carbon footprint and cause global warming if responsibly sourcing was avoided to keep costs low. Although the short-term effects of using cheap concrete is good the long-term effects of responsibly sourced concrete outweighs this. In their an alysis Georgopoulos and Minson (2014, p. 129) say, â€Å"The UK concrete industry is supporting the BES 6001 as it is the most comprehensive standard available and measures the whole infrastructure of the supply chain†. It is not easy for companies to be certified by this and they have to meet certain requirements, which includes having a

Business Policy and Strategy

Question: Discuss about the Business Policy and Strategy. Answer: The benefit of strategic management in decision making. Strategic management is the process of making company goals on a long-term basis, depending on the position one expects the company to be in the future. By the fact that the process is influenced by the business activities; then it also impacts decision making in the business. The main advantage of strategic management in decision-making is that it helps one narrow down to the best and wise decision. This is achieved by the fact that strategic management gives on the visualization of the future, and without clear goals, in the future, all ideas seem to make the best outcome. For instance, the type of projects to invest in will depend allot on the expected financial position to the companys future. Staffing strengths and two examples of staffing weaknesses Staffing is the recruitment, selecting, developing and training employees in an organization. It mostly deals which person is best for appraisal or particular department instead of the current working position of the employee (Tanova, C, 110 (2003). Strengths It helps in building a healthy workforce that has the maximum ability to perform and produce quality output. Mostly on the technical part like accounting and technology departments where it was difficult to source the best personnel. Staffing improves the morale and job satisfaction of the employees; this is achieved through the training, promotion and the compensation aspects done by the organization, which in turn develops the feeling that employees are appreciated in accordance with their effort. Weakness The fact that it uses seniority as a way to categories the staffs for promoting, to which even inefficient employees get promoted too many senior positions, which can damage the companys prospects The staffing process blocks new and original ideas from new staff members with experience from gaining access into the organization, this probability blocks the company from diverse ways of doing things, yet there is a chance to improve. Market penetration: This is the activity or process that company employees so as to introduce a new product in the market or increase the market share of a particular product. For example the Coca-Cola company, which tries to increase its market share by developing new products like the coke zero soda, also by intense promotion and marketing. For instance how they associate Coca-Cola with Christmas (Arkolakis, C.,1160, 2010.) Market development This is the strategy of developing new markets for particular products by targeting new customers, in a particular region. For example adding new features to the existing product, and having deferent quality levels in the market depending on the buying power of the target market. A good example of such is the Samsung smartphones where the company improved the RAM and the processor of the current phones, and by that, they were able to win more customers. Product development: this is the rebranding of the introduction of a new product from an existing company. This is arrived at on the basis of customer needs, the nature of the market and the kind of competition from other players in the industry. For example, the banking sector which has switched more into the money transfer system using your phone, to transact and withdraw money from the bank accounts. A functional or divisional structure management The functional structure means that the reporting relationship towards the top manager of the organization is split based on their functions areas, while the division structure the organization functions are split according to the service line, product or the market base. It is more of a specialized division than a functional structure. As for me, the functional structure is the best to implement because, it is cheap compared to division structure, as it lowers the reputation of resources and also the structure maximizes the functional performance all through because all the human skills and knowledge are all concentrated to one working subdivision in the business setup. Therefore harvesting all the possible potential without duplication of the limited resources (Miles, R and Snow, C. 45, 1984) Developing a code of business conduct The code of conduct in business is a management tool used to set out the expected values, responsibilities and the ethical obligations of a company of business. The code is important as it helps employees to handle ethical dilemmas while working for the organization and also have in mind the expectations of the company while delegating their responsibilities. The answer to the question is that I would implement a code of business conduct in reference to the compliance to the legal regulations, personal responsibilities, the projected management support, and the company values on the day to day activate (Kaptein, and Schwartz, 115, 2008) Reference Kaptein, M. and Schwartz, M.S., 2008. The effectiveness of business codes: A critical examination of existing studies and the development of an integrated research model. Journal of Business Ethics, 77(2), pp.111-127. Miles, R.E. and Snow, C.C., 1984. Designing strategic human resources systems. Organizational Dynamics, 13(1), pp.36-52. Tanova, C. (2003). Firm size and recruitment: staffing practices in small and large organizations in North Cyprus. Career Development International, 8(2), 107-114. Maurer, I., 2010. How to build trust in inter-organizational projects: The impact of project staffing and project rewards on the formation of trust, knowledge acquisition and product innovation. International Journal of Project Management, 28(7), pp.629-637. Arkolakis, C., 2010. Market penetration costs and the new consumers margin in international trade. Journal of political economy, 118(6), pp.1151-1199.

To Kill A Mockingbird - Atticus Finch Essays - To Kill A Mockingbird

To Kill a Mockingbird - Atticus Finch Atticus Finch was a man who fought for what he believed in. He was always the one who stood up for what was right, not what the more popular thing to do was. Atticus has a lot of courage to do what he did for Tom Robinson. Atticus looked past the racism that was in the courtroom where Tom was being accused of raping a woman and he stood up for him. Atticus believed in equality amongst people and he thought that the court was not being equal. Atticus taught his daughter Scout and his son Jem to be a good person and to treat everyone equally. He believed that success was not just winning, but instead just trying to fight for a good cause. Even if you failed, Atticus believes you were successful. Courage was something Atticus definitely had. He was the only white man in town that would stand up for Tom Robinson because he knew it was wrong to accuse him. Atticus once said that you should still fight even when you know your beaten. He didnt just go with the popular opinion that blacks were bad, instead, he gathered up his courage and fought against the court. He knew that he was testifying against an all white jury and that he had no chance to convince them that Tom was guilty, but he knew that it was right to at least try. He believed that every little thing you do that is right will eventually add up and help the cause. Atticus was a man who did not believe in racism. He had grown his kids up telling them that racism was not right. He taught them that everyone was equal. Scout and Jem were still influenced by racism in the public though. Atticus noted how in the court there was no way for a black man to win against a white man when its the white man who gets to have the decision of what happens. He knew that in the court room, racism was everywhere. Black men had no chance of wining and it was always the white man who would win. No matter how good of a case Atticus gave the jury, it was still racism that came out on top. If Atticus Finch ever treated anybody unequally than there was a good reason. He was always for equality. He believed that all men were created equal and blacks shouldnt be treated badly for nothing. Equality was something that Atticus thought should be with everyone no matter where. The Jury and the Judge both treated Tom Robinson unequally and Atticus was frustrated over that. Family was always something that Atticus took pride in. He loved his family with all his heart and he would do anything for them. Atticus had 2 children, Jem and Scout. Jem was the older of the 2 and was a boy. Scout was younger and was a girl. Atticus believed that he was a failure as a father sometimes. He tried very hard to be a good one but always seemed to think he could have been a better one. Atticus would put family first before anything else. Not many people think that if you lose a battle then you were not successful. Atticus did not think this, he believed that being successful was only to try to do something for a good cause. He once said that as long as you try you will always be appreciated and will always be successful in his point of view. Even if you lose what you were fighting for, you are still successful because you tried for what you thought was right. Atticus did not win the case with tom Robinson but he still believed that he was successful. Atticus was successful because he did what he thought was right, and doing that had to help something out in a good way. Atticus Finch is a successful man. He is a courageous man who does not believe in racism. Equality is what he believed in and taught his family that equality is stronger than racism. Atticus fought in a court case for a black man. In this time blacks were strongly

GDP a good measure of social Well-being Essays

GDP a good measure of social Well-being Essays GDP a good measure of social Well-being Essay GDP a good measure of social Well-being Essay In order to examine economic growth or analyze the wealth of a country, it is necessary to have a way to measure the size of an economy such as Gross Domestic Product (GDP). Economists usually measure the size of an economy by the amount of stuff it produces. This makes sense in a lot of ways, mainly because an economys output in a given period of time is equal to the economys income, and the economys level of income is one of the main determinants of its standard of living and societal welfare. GDP is the most closely watched economic statistic because is it thought to e the best single measure of a social well-being. The definition of GDP is composed of four parts. Firstly, we have to take into consideration the market value of the products. Froyen (2009) states that in order to gain the market value of the product we have to times the number of products produced the market by the prices they are traded at. For example, each unit of product A is 5$ and product B is 2$ so the market value of 20 product A and 40 product B is 5$x20+2$x40=180$ Secondly, GDP is calculated using the values of the final goods and services and therefore does not take intermediate goods into ccount. A final good or service is the product brought by the user at its end stage whereas an intermediate good could have gone into the production of a final good. For instance, bread is a final product that it brought by the consumer but flour could have been brought by the producers of the bread in order to make the bread. Another factors that makes up GDP is that the product has to be made within the confidences of country which is basically summed up by the D in GDP. For example, if a Viet Nam retailer manufacturers his products in Viet Nam then it becomes part of VN GDP but if it is produced and sourced from China then it does not. Finally, GDP as measured in a given time period as mentioned earlier which is usually annually or quarterly. GDP can be measured in two ways the expenditure approach which is the total spent on goods and services or the income approach which is the money earned by producing goods and services. This is called the circular flow model of expenditure and income. : Source: N. Gregory Mankiw, Principles of Macroeconomics _ Chapter 10_ Page 197 Another point worth mentioning is social well-being, a state of affairs where the basic eeds of the populace are met. This is a society where income levels are high enough to cover basic wants, where there is no poverty, where unemployment is insignificant, where there is easy access to social, medical, and educational services, and where everyone is treated with dignity and consideration. Many attempts have been made to quantify social well-being. The Gross Domestic Product (GDP) of a country is commonly defined as the total market value of all final goods and services produced in a country in a given year. The fact that it is measured regularly and quite onsistently in practically all countries of the world allows a direct comparison of the standard of living in individual countries. The frequent measuring also makes it possible to quickly recognize changing trends. So that GDP can tell us how the country is doing in general, especially when GDPs are compared between countries. A higher GDP will probably infer that the country is doing better than a country with a lower GDP. It can use to determine whether an economy is growing faster or slower than in the previously measured period and to compare it with other economies in the world. For example, a higher GDP will probably infer that the country is doing better than a country with a lower GDP. As we have seen, GDP measures both the economys total income and the economys total expenditure on goods and services. Because the production of goods and services indicates that people are working, earning money, and making a living, an increasing GDP shows an increased economic activity, meaning more funds for social programs, and more income that people have to increase their own standard of living. It means that the higher the GDP, the better the economy and, therefore, the better the quality of life. Nevertheless, the catch is that the high GDP may be from the extremely large profits of a few rich firms, while everyone else is living pretty badly. Therefore, its still better to use GDP per capita as a form of comparison. GDP per capita is when they divide the total GDP by the number of people in that country. A rise in GDP per capita will also translate into a rise of productivity. The reason for that is the more you produce, the more you sell. It gives you an idea of what the people are engaged in. GDP per capita can be used as an indicator of standard of living as well. One can conclude that having a higher GDP per capita will be interpreted as having a higher standard of living. GDP per person seems a natural measure of the social well-being of the average individual. However, as a measure of the standard of living in a country, GDP has its limitations and shortcomings. Because of the imperfect of GDP, the first Human Development Report introduced a new way of measuring development by combining indicators of life expectancy, educational attainment and income into a composite human development index, the Human Development Index. The breakthrough for the HDI as the creation of a single statistic which was to serve as a frame of reference for both social and economic development. But throughout its time in use, the HDI has been criticized for a number of reasons. Although the HDI is a constant measure but it never can take out a whole picture of human development. Some of the questions to be posed to the HDI index is: this is the measurement of the standard of living of standards or measure the level of living? Or it measures the quality of life? There are only three dimensional edges are measured in the HDI: health, academic and living tandard. In addition to this, it has a profound distinction of HDI between countries and regions in the world. For example, some countries have the same HDI but theirs income level are quite difference. GDP is not, though, a perfect measure of social well-being. Some things that contribute toa good life are left out of GDP. But its still a good measure. Although it doesnt say much about the individuals well-being, education, health, , it does help economists understand how the country is doing. If a country has a thriving GDP then they are sure to be wealthy and with wealth comes etter tech medicine and opportunities to the citizens of the nation. While GDP may not indicate the quality of life of any one person, it is quite obvious that countries with a higher GDP than others have much better quality of life across the board. GDP growth can indicate a strengthening economy, more Jobs, and as a result, more income for individuals. If each person is making a significant amount of money in relation to where they live and cost of living then in theory they should lead a better standard of living. They would not have the financial burden which causes so much tress in todays world. For instance, G. Gregory Mankiw examined international datal: Country Real GDP per person (2007) Life Expectancy Adult Literacy (% of population) Internet Usage (% of population) United States $45. 592 79 years 63% Germany 34. 401 45 Japan 33. 632 67 Russia 14. 690 15 Mexico 14. 104 76 93 18 Brazil 9. 567 72 19 China 5. 383 73 9 Indonesia 3. 843 71 92 7 India 2. 753 3 Pakistan 2. 496 54 Nigeria 1. 969 4 Bangladesh 1 . 241 0. 3 Source: Human Development Report 2009, United Nations. Date on real GDP, life expectancy, and literacy are for 2007. Dara on internet use is for 2005.

Theoretical design Essay Example | Topics and Well Written Essays - 1000 words

Theoretical design - Essay Example This system provides the facility to search and select the CD by different ways. Like I shall discuss two main approaches for the CD selection in this report: if the customer enter a CD title , for each CD matching that title he will obtain the CDs cover, availability and price. It is possible to obtain the detailed information such as names, duration, details of the performing artists and to listen to CD Product or Service: here we are going to build an online CD store. This system will be able to deliver a better facility for the people who do not have time to visit any store for purchasing the CDs of there choice. Technology: we are going to implement a system that will utilize the ASP.Net development environment where we would be able to deliver more enhanced and secure system for the online shopping and transaction. There are also a number of online shops of similar business so it’s possible by means of this technology. Online Market Environment and Competition: we are going to target new generation for this online store, so I think we have very much scope and market space to bring our system online. There are lots of other online CD shops, but we are aimed to deliver better services and having a competitive adage. In this use case I want to demonstrate the overall environment where a user wants to purchase a CD of his choice, for this purpose user will enter a CD title or some other information that would be helpful for the search of the CD. So as a result the system will inform the availability of the CD or informs that required CD is not there. Below I have presented the Context Diagram of the online CD shop. I have tried to manage all possible links among the system and its users. I have taken two types of the user that are customer and administrator. In the diagram above I have tried to discuss the main feature of this system that is its order processing facility. Here customer can find many CDs, and

Turning patients every 2 hours Article Example | Topics and Well Written Essays - 1000 words

Turning patients every 2 hours - Article Example In relation to the outcome of the article, it can be viewed that the professional behavior of the nurses having degree is more evidence oriented in comparison with those nurses who do not possess any degree. Furthermore, the article also validated that evidence-oriented nursing practices probably occur in those organizations wherein nurses have better access towards revealing valuable information and also have superior prospects towards working with different sorts of advanced technologies. Ultimately, the findings of the article highlighted the fact that in healthcare field, there lays the requirement of conducting evidence based practices for better performance (Eizenberg, 2010). Implication of the Findings The outcome which has been gathered from the article implies that evidence-based nursing has become quite important especially in healthcare profession for enhancing the quality of services by a certain degree. Besides, from reviewing the article, it can be viewed that the adopt ion as well as the execution of evidence-based nursing is dependent on several variables that comprise professional context of nurses and the availability of resources among others. With respect to the professional context, the article revealed that there pertain a significant interrelation between nurses’ role such as managerial and non-managerial activities and evidence- based learning. Hence, it signifies that organizations need to employ nurses who possess adequate skills for managing different managerial and non-managerial activities within different healthcare organizations. Furthermore, the article also represented that the nurses who have professional degree have higher tendency to study different research articles applying them in conducting various sorts of nursing practices. It signifies the fact that professional background can influence the behavior of nurses toward performing more evidence-based practices in organizations. Furthermore, the findings of the articl e also depict that professional works are also associated with evidence oriented nursing practices at large (Eizenberg, 2010). One of the effective implications of the findings relating to the selected article can be apparently observed as the prevalence of the significant affiliation between accessibility of resources and evidence-based nursing practices within various healthcare organizations. Availability of resources in this context generally includes the opportunities to find different educational materials in the place of work. This signifies that in order to enhance the evidence based practices, healthcare organizations must enhance the access of information through providing the facilities such as library, information system and internet among others. Organizations that support these initiatives can enjoy higher evidence-based nursing practices (Eizenberg, 2010). The findings of the article reveal that there are several factors which can help to facilitate the use of evidenc e-based nursing practices by a greater degree. One of the factors might comprise providing support to the nurses about use of different resources for enhancing the effectiveness of services. The sources of knowledge also play a vital part in the adoption along with the implementation of evidence-based