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
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,
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
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
Balanced scorecard is basically a form of strategic planning and management system. This system is heavily used in the industry and business, in the government and non-profit organizations around the world with the aim of aligning the business activities to the organization vision and strategy. It's used to enhance and improve the internal and the external communications as well as monitoring the performance of the organization against the strategic goals. The minds behind the creation of the balanced
Literature review of finance in relation to strategic management Financial planning determines how managers carry out planning process in organizations so as to meet the business needs. An organization comes up with the right direction to take, goal set and how to meet the objectives therein. This is accomplished by gathering and data analyzation , implementation and evaluation and monitoring of results. The strategy to adopt must be figured out depending on the total cost. Strategic planning offers