are reading the white paper for Metrics Reporting of Projects The objectives of this paper are to: • Talk about – What is Project Metrics Reporting • Uses & Different approach to the Project Metrics Most organizations use measurements in various ways to assess performance or effectiveness of various courses of action. Without measurement they have little more than subjective observation to determine whether things are on track; measurement is inevitable. Project reporting is very important because
WORKING CAPITAL MANAGEMENT: FINANCIAL ANALYSIS OF A SUPPLY CHAIN INTRODUCTION FMCG Industry deals with the manufacturing and sale of consumer durable goods such as soft drinks, toiletries, processed foods etc. The essential features of such products are that they have short shelf life and are available at relatively low price. Therefore, inventory management and extensive distribution network are few of the prerequisites to build a healthy supply chain resulting in an improved financial performance
services such as waste collection or disposal. Instead individuals or households dispose waste as they see fit, creating environmental hazards. As per a survey done by the Ministry of Tourism in the Maldives in 2012 an estimated 860 metric tons per day, or 312,075 metric tons per year, of solid waste is discarded in the Maldives. Of which about 21% is attributed to tourism with the balance divided among urban areas (65%) and island communities (35%). Waste disposal practices in Maldives vary among
An IT project manager is brought in to direct their team past obstacles and risks. Their role ranges from planning, monitoring, minimizing risk exposure, add value, cut costs, complete tasks on time, and avoid scope. They need to create mechanically sound plans which allow them assign tasks in steps, create a steady stream to workflow, and manage different teams. A solid leadership and communication skillset is require for such responsibilities in order for everything to function as a whole and all
Overview of Project Management A project can defined as a unique way to plan the organization objectives ,in terms of successful outputs .It is usually portrayed to be a successful attempt as it plans to achieves the objectives which are according to the acceptance based criteria , within a specific timescale as well as budget. The term project management is defined as an application of processes or methods in fact to achieve the project based objectives. Objectives might differ from one organization
explains why he disagrees with the five assumptions about the decisions management information system (MIS) designers make. A management information system collects process and stores data. It is more than just the software used by accountants and managers to come to the optimal decision. The MIS is consists of the people who use the system, the technology to process data and the relationships between them. The article Ackoff’s Management Information System, which are, (1) the amount of relevant information
bargaining agreements. In the U.S., approximately 99 percent of these unionized hourly employees are represented by the UAW. Approximately 1.5 percent of our U.S. salaried employees are also represented by unions. Most hourly employees and many non-management salaried employees at our operations outside of the U.S. are also represented by unions.” (Ford Motor Company, 2015) Additionally, employees
fertilizer and pesticides ever since. Others are hesitant for the reason that chemicals are easily and efficiently applied. This practice makes soil, rocky and sometimes change the Hydrogen concentration. Aside from that, many problems regarding pest management are also identified. During pest and weed infestation, farmers prefer to use synthetic pesticides. The residues of these chemicals in crops that are sold in the market may affect the health of the consumers (European Food Safety Authority,
methodology that helps the project manager and staff in their decision making by providing the values of scope, time and cost. Thanks to those values the possibility to calculate other values like cost -, schedule variance and performance indices, but also forecasting of the project future cost and schedule at completion becomes possible. More detailed description of those values can be found in the latter chapters. This values also gives an early outlook of the project to the management and its expectation
1.8 Project Management Knowledge Areas The Project Management Knowledge areas are used throughout project management. They are usually specialised in a specific area to do with project management. Depending on which area or topic in project management is being used, will determine what processes and which knowledge area is needed. How many knowledge areas that are needed will vary on the unique needs of each different project. There are 10 Knowledge Areas · Project Integration Management