Project Risk Management Free Essays

Project risk management is aimed a avoiding bad surprises once we start executing the project plan. During the creation of the project plan, we identify risk, analyses them and plan our action to avoid the risk, transfer it or implement a contingency plan if the risk occurs. After we have planned our risk management process for the project, we begin by identifying the risks that the project faces. We will write a custom essay sample on Project Risk Management or any similar topic only for you Order Now It’s important to remember that these risks can be adverse to the project in the sense of causing it to finish late or cost more. Risk can also be positive or favorable in that is may let us deliver what’s expected for less cost and finish early. We do the risk identification process with the project manager, project sponsor, stakeholders and team members. Risk quantification is the process of evaluating the risks that have been identified and developing the data that will be needed for making decisions The objective of quantification is to establish a way of arranging the risks in the order of importance. In most projects there will not be enough time or money to take action against every risk that is identified. Risk response development involves defining enhancement steps for opportunities and responses to threats. These generally fall into three categories †¢ Avoidance – eliminating a specific threat, usually by eliminating the cause †¢ Mitigation – reducing the expected monetary value of a risk event by reducing the probability of occurrence, reduce the risk event value, or both. †¢ Acceptance – accepting the consequences. Risk response control is the process by which risks are kept in the forefront of management discussions and thus, reviewed on a cyclic basis. Items that the risk register will hold in order to monitor and drive this process will include: †¢ Outstanding action; †¢ Action owner; †¢ Action issue date; †¢ Action status; †¢ Action response; and †¢ Action close-out date. The Risk Control Group will monitor the progress of the implementation of the agreed risk control measures. This will ensure that all risk control measures are incorporated efficiently and that any variations in the measure or any changes to the risk profile are identified and appropriate action is taken. The Risk Register will be a dynamic, growing document and will be updated, amended and revised on a regular basis. How to cite Project Risk Management, Essay examples

Job Vs. J.B. Essays - Book Of Job, Job, Prophets Of Islam, J.B.

Job Vs. J.B. J.B. and Job There are many similarities but also many differences between the story of Job in The Bible and Archibald MacLeishs J.B. These similarities and differences falls along the categories of style, story line, and characterization. First, the style of both pieces of literature. J.B. is a play by Archibald MacLeish whereas the story of Job is a drama. In both of these pieces a prologue is present. However, the prologue differs greatly. In Job, the prologue merely states a vague background of the life of Job and his family. On the other hand, the prologue of J.B. gives detailed descriptions of J.B. and each and every one of his family members. In both cases, an antagonist is present. The antagonist is not necessarily evil or bad, but simply just one who disagrees. Second, the story line. Although Archibald MacLeish wrote the play based on the story of Job in The Bible, there are many differences in the story line. In The Bible, Jobs misfortune was spawned by Satan trying to show God that Job was not as holy as God had thought. God gave Satan the power to destroy everything Job had, including his health. Jobs children all died together when the roof of the house collapsed on them while they were all dining at the house of the oldest brother. His wife died also, and all of his possessions was taken from him. Furthermore, he contracted painful sores all over his body. As for J.B., his children died separately, one after the other. The oldest had died in the army. Two were involved in a car accident. One daughter was killed by an explosion that also took out J.B.s millions. And the youngest was raped. However, J.B.s wife, Sarah, was not killed, but instead she left him. In The Bible, Job is confronted by his three friends. His friends encourages h im to turn against God and to curse him, but he refused to do so. On the other hand, J.B. was confronted with four friends, the first three encouraging him to turn against God but the fourth telling him to pray to God and to praise Him. In the end, God gives back Job his original wife Sarah and his ten kids. He is rid of the painful sores and his possessions were doubled. On the other hand, J.B.s wife came back and they produce new children; he also received his wealth back. The biggest difference between the two story lines is that in J.B. the presence of God is not really emphasized. Third, the characterization. J.B. was based on a 20th century New England millionaire, while Job was a wealthy man who lived in the land of Uz in 1000 B.C. J.B. had a wife named Sarah, two sons, three daughters, and was wealthy financially. Job also had a wife names Sarah, but he had seven sons, three daughters, and was wealthy in land and cattle. Jobs children were vaguely described, for they only existed for a short part of the story. On the other hand, J.B.s children were individually introduced, and participated in a scene together with J.B. and his wife. Also, another characterization difference that was mentioned earlier was that Job only had three friends who come to speak to him, meanwhile, J.B. had four. Its amazing to see how an author can make a 3000-year-old drama come to life with only a few changes. Archibald MacLeish has created a wonderful play and it will continue to remind its readers the insignificance of materialistic things. English Essays

Journal#6 Example

Journal#6 Example Journal#6 – Assignment Example Physical and Cognitive Development in Adolescence Question Adolescence is the transition from childhood to adulthood, and it lasts from age 11 or 12 until early twenties or late teens. Puberty marks the end of childhood and it is triggered by hormonal changes. These changes can affect behavior and moods. Puberty usually lasts for four years, and it begins earlier in girls than boys (Kail & Cavanaugh 243). During this stage, both boys and girls undergo growth spurt. They begin to develop primary characteristics, which include the reproductive organs, and secondary characteristics such as growth of pubic hair around their genitalia. The leading characteristics of sexual maturity include menstruation, for females, and production of sperms, for males (Kail & Cavanaugh 296). Menarche occurs between the age of 12 and 13 while spermarche occurs at age 13. The adolescents are often concerned with their body images that lead to obsessive dieting, especially in girls. Peer pressure is more inf luential than parents’ pieces of advice and guides, and this leads to drug abuse and indulgence in criminal activities. Depression is also highly prevalent among the adolescent especially girls. Question #2First, the social environment significantly affects the onset of puberty. I have since known that the onset of puberty is standardized in spite of a teenager’s social environment. According to Belsky, Draper and Steinberge, girls whose mothers use harsh punishment on them usually experience their first menstrual cycle at a younger age. Additionally, Menarche occurs in younger girls who experience depression or chronic stress (Kail & Cavanaugh 298). I also learnt that early maturation varies across ethnic or racial groups. For instance, sexual activity, of early-maturing Latinas, was directly linked with having older boys, in the peer groups, who influence them to engage in negative activities such as smoking, drinking and sex. Question #3 From the leadership perspect ive, I learnt that adolescents’ working memory almost has the same capacity as adults’ working memory (Kail & Cavanaugh 246). This means that they are capable of storing information required for a cognitive process. The processing speed is also sufficient to process information more efficiently. Additionally, early maturing boys are likely to become leaders because of self-confidence and high self-esteem, unlike early maturing girls, who are unlikely to become leaders because of the indifferences they have in social situations. Kail, Robert V, and Cavanaugh, John C. Human Development: A Life-Span View. Australia: Wadsworth Cengage Learning, 2010. Print.

How to Use the Inverted Pyramid in Newswriting

How to Use the Inverted Pyramid in Newswriting Inverted pyramid refers to the structure or model commonly used for hard-news stories. It means that the most important, or heaviest information goes at the top of the story, while the least important information goes at the bottom. Heres an example:  He used the inverted pyramid structure to write his news story. Early Beginnings The inverted pyramid format was developed during the Civil War. Correspondents covering the great battles of that war would do their reporting, then rush to the nearest telegraph office to have their stories transmitted, via Morse Code, back to their newsrooms. But the telegraph lines were often cut in mid-sentence, sometimes in an act of sabotage. So the reporters  realized they had to put the most important facts right at the very start of their stories so that even if most of the details were lost, the main point would get through. (Interestingly, the  Associated Press, which is known for its extensive use of tightly written, inverted pyramid stories, was founded around this same time. Today the AP is the oldest and one of the largest news organizations in the world.) Inverted Pyramid Today Of course, some 150 years after the end of the Civil War, the inverted pyramid format is still being used because it has served both journalists and readers well. Readers benefit from being able to get the main point of the story right in the very first sentence. And news outlets benefit by being able to convey more information in a smaller space, something thats especially true in an age when newspapers are literally shrinking. (Editors also like the inverted pyramid format because when working on tight deadlines, it enables them to cut overly long stories from the bottom without losing any vital information.) In fact, the inverted pyramid format is probably more useful today than ever. Studies have found that readers tend to have shorter attention spans when reading on screens as opposed to paper. And since readers increasingly get their news not just on the relatively small screens of iPads but on the tiny screens of smartphones, more than ever reporters must summarize stories as quickly and as succinctly as possible. Indeed, even though online-only news sites theoretically have infinite amounts of space for articles, since there are no pages to be physically printed, more often than not youll find that their stories still use the inverted pyramid and are very tightly written, for the reasons cited above. Do It Yourself For the beginning reporter, the inverted pyramid format should be easy to learn. Make sure to get the main points of your story - the five Ws and the H - into your lede. Then, as you go from the start to the finish of your story, put the most important news near the top, and the least important stuff near the bottom. Do that, and youll produce a tight, well-written news story using a format that has withstood the test of time.

Tesco Research Paper Essay Example | Topics and Well Written Essays - 2000 words

Tesco Research Paper - Essay Example The report below therefore investigates the manifestation of the organizational culture, structure and the motivational factors that the management employs in enhancing the profitability of the company. In doing this, the research compares the utilization of numerous theories that explain the implementation of such factors in a commercial organization thus enhancing the profitability of the company. Humans are among the most fundamental resources in an organization. This makes the management of humans important since they influence the profitability of the commercial organization. Systems theory of management views commercial organizations as systems with numerous components that must work seamlessly albeit independently in order for the organization to run as a unified whole. In most cases, the components are often in the form of departments. Tesco Corporation has numerous departments key among which are administration, production, marketing and human resource among many others. The various departments must work independently by making independent decisions. However, in making such decisions, the departments must consult each other in order to safeguard the profitability of the commercial organization. Organizational culture refers to the behavior of people within a company. Organizational culture is therefore an essential factor that influences the profitability of a commercial organization since an organization interacts with numerous people. As explained earlier, human resources are some of the most important people in an organization. Additionally, the customers and lawmakers among many other stakeholder are all humans who influence the profitability of a company. This underscores the need for an organization to develop effective structures to supervise the interaction among people within the organization. Tesco Corporation understands the need for effective management of behavior within the organization. Among the tools, the

Legal Environment for Global Organizations Essay

Legal Environment for Global Organizations - Essay Example Global organizations like WTO, IMF, World Bank, UN, and WHO which must not be treated as 'insignificant actors' in the global arena due mainly to the functions they are embodied with. An understanding of the link between global organizations and global governance would push one to see this importance. As the world turns into a globalized competitive market in which nations interact according to the principles of economic liberalism, a requirement for more order is ensued. The importance of understanding the legal environment for global organizations is seen in their roles as instrument, arena, and actor in the global interaction (Archer, 2001). An example of this is the WTO, which was established by sovereign states whose power limits independent action by international organizations. Global organizations are actually used as instruments in order for states to use their ends, particularly on the areas of trade liberalism which profits first world states primarily. They serve as means for the policies of individual governments as well as instruments for diplomacy among states. The United Nations is seen to function as an instrument of US diplomacy which undertakes policies according in the global sphere. It is the rule of unanimity which is apparently carried out by global organizations, in which certain states are able to influence other states over certain decisions. As arenas within which actions take place, global organizations provide meeting places in which member states can discuss certain matters diplomatically. The term itself - arena - signifies neutrality even for nations in disagreement. Hence, international organizations serve not only as mere forums for these activities, but also as a diplomatic reinforcement for their policies (Hoffman, 1970 in Archer, 2001: 74). Even the third world states are given their own venues for discussing international economic events, through the UN Conference on Trade and Development (UNCTAD) as well as the Group of 77 (G77) participated in by states in Southern continents of non-aligned countries (Archer, 2001). Legal environment is a necessity for global organizations since it gives them the venue and the power to govern the world politically and economically, surged by the very nations that represent them. The World Bank for example, is represented by first world nations particularly by the United States, whose legal policies govern the financial activities of poorer nations that have incurred financial debts with them. DISCUSS other legal influences which can affect business in a specified country. CONSIDER other cultural, religious, and political influences - how might these influence the business environment Legal influences which can affect business in a specified country include the policies on trade liberalization and non-tariffication which can affect the level of balance of trade and the domestic sales of goods. With a liberal importation allowed by the policies of WTO, which almost defeat the level of exports in a certain country, a probability of trade deficit is imminently seen, which may cause fiscal crisis for that particular country (Pereira, et al., 1993: 6). Non-tariffication of goods for importation, which is also embodied in the WTO, causes bankruptcy of the sale of domestic products, which have higher prices than the imported ones. In countries in which colonial mentality

Slavery During the 1800s :: Slavery Essays

Slavery in the eighteenth century was worst for African Americans. Observers of slaves suggested that slave characteristics like: clumsiness, untidiness, littleness, destructiveness, and inability to learn the white people were â€Å"better.† Despite white society's belief that slaves were nothing more than laborers when in fact they were a part of an elaborate and well defined social structure that gave them identity and sustained them in their silent protest. In their quarters, slaves expressed themselves with some what more freedom from white slave owners. Religion provided a feel of similar freedom and also gave slaves mental support. By attending church, slaves created a Christianity that emphasized salvation for every race, including slaves. To avoid over work slaves tried to work at their own pace and resist speedups. Some of the techniques they used to prevent work were to fake illness or pregnancy, break or misplace tools or fake ignorance. Unless slaves lived near free territory, or near a city where they could blend into a free black population, they knew that permanent escape was unlikely. Only rarely, did a large group of slaves attempt a mass escape and maintain an independent freedom for long periods of time. On numerous occasions groups of runaway slaves either attacked white slave patrollers or tried to bribe them. When slaves became desperate enough, they openly resisted their masters. Numerous examples show how slaves refused to accept punishment and battled with their white masters who were trying to give punishment. Slave resistance was rarely successful because most masters would not tolerate it. Whether slaves physically or verbally opposed a white man it was dangerous. Slave’s masters consistently tried to erase African culture from their slave’s memories. They insisted that slavery had rescued blacks form the barbarians from Africa and introduced them to the â€Å"superior† white civilization. Some slaves came to believe this propaganda, but the continued influence of African culture in the slave community added slave resistance to the modification of African culture. Some slaves, for example, answered to English name in the fields but use African names in their quarters. The slave’s lives were filled with surviving traits of African culture, and their artwork, music, and other differences reflected this influence. Slaves also injured themselves to avoid work, punishment, or sale. They cut off their own fingers, hands, toes, or feet, and disfigured body in various other ways to make themselves less valuable slave property.