Cyclermate Consultancy report Essay Example | Topics and Well Written Essays - 3000 words

Cyclermate Consultancy report - Essay Example This report will attempt to set up whether it is workable for Cyclermate Company to tidy up its obligations and accomplish money related dependability sooner rather than later with the undeniably loss of benefit. Foundation data Cyclermate Company has been getting a charge out of extraordinary development in the assembling of cycles for a long while. In any case, the most recent couple of years have seen the benefits of this organization sink forcefully coming about because of declined deals. The organization was begun in 1988 by two companions, Lewis Llewellyn and Dai Armstrong who had been in this business of making cycles for more than 20 years.The two companions brought their abundance of experience together and they chose to begin a cycle producing business passing by the name Cyclermate. Inside only a range of marginally over two years, the firm had extended to a degree that the two companions chose to obtain premises from where they were directing their business. With expanded interest for their item, the staff additionally expanded significantly however they despite everything demanded keeping the staff at a skeletal least to reduce expenses. Everything was done physically or using old or viable apparatus. Robotization was disheartened as they couldn’t legitimize purchasing the machines that should have been utilized in bowing of the bars to produce these cycles. The issue of value with these cycles emerged when a cycle had a mishap and accused the deficiency of a slowing mechanism. Deals have declined and with a couple of lenders, Linda Llewellyn, who is Lewi’s spouse and she requests that a lot of the business be given to her and along term loaner, Geraint Williams, who depends on the installments from this credit to deal with his feeble wife. There is a lot of money related weight on the business and if measures are not assumed into position, budgetary strain could make the business close down (Campello, Graham, and Harvey, 2010; Bancel , and Mittoo,2011). To this respect, the administrator Dai Armstrong and Gwyneth Morgan the secretary were entrusted with the right of organizing a gathering with the bank to arrange the chance of an overdraft. The bank had just specified that this solicitation would be exceptionally probably not going to be viewed as except if the organization gives evidence that there would be expanded exchanging to pivot the declining benefits. To have the option to know without a doubt whether the organization can be equipped for pivoting and unite itself on the monetary front in the short run, a full outline and appraisal of the nation will be done in this report. A SWOT investigation will be led to distinguish the regions of qualities, shortcomings, open doors just as dangers that face this organization. The issue of value underway will likewise be lit up upon. Measures that the organization is embraced to guarantee it switches these negative benefits will likewise be investigated among other pertinent issues relating to this case. Suppositions made To have the option to give an exhaustive and granular investigation of the organization in type of its money related position and different perspectives, for example, creation methods just as advertising techniques and organization procedures, various presumptions should be made here. These presumptions are talked about in the accompanying sections. The fundamental supposition that will be that both the organization the executives and the bank recognize that the organization had been performing admirably previously yet the

Association of Southeast Asian Nations

Question: Examine about the Association of Southeast Asian Nations. Answer: Presentation Asia is the most crowded and different mainland of the world and with ceaseless financial advancement with the improved authority over the transmittable sicknesses, it is clear that the future in all the nations of Asia has surprisingly expanded. The danger of disease increments with age and furthermore with expanding urbanization, changing ways of life and stoutness changed the malignant growth design and expanded the disease trouble in the Asian nations (Shen et al. 2013). Asia is known to be the home for half of the least fortunate populace of the world and this go about as a determinant as disease is related with both higher and lower financial conditions which add to the malignancy weight and example in Asia. Regardless of the weight that is developing on the mainland, the need of medicinal services use and arranging in the vast majority of the Asian nations is low (Pourhoseingholi 2012). This task will be on the subject An examination concerning disease rates in Asian nations, the causes, outcomes and protection gauges and will furnish a broad writing audit alongside the measurable information and their key hugeness. It is accepted that the paces of disease movement in the Asian nations are developing that must be concentrated to know the outcomes of the development and the pertinent preventive measures. Paces of Cancer in Asian Countries Asia is a landmass with various societies and the varieties lie in socio-social conventions and practices, social standards, ethnicity and dietary traditions. These components are all around reflected in the weights and examples of malignancy in the various locales of the mainland. Kimman et al. (2012) directed an exploration work to uncover the latest information accessible on the rates and weight of malignant growth winning in the ASEAN locale. The specialists evaluated that 500,000 instances of malignant growth passings and 700,000 new instances of the feared malady are accounted for consistently and most of them incorporate lung, liver and bosom disease. Around 4 million females and 3.6 million guys are living with malignancy in the nations of Asia and the middle time of disease event has been from 19 years to 44 years. A comparative report was done by Park et al. (2016) to exhibit the rate of colorectal malignant growth in five nations of Asia and saw that the pattern is expanding in the Asian nations mainly because of the expanded pace of colon disease and not because of rectal malignant growth. Colorectal malignant growth is perceived as the fourth most happening disease in the landmass of Asia and was seen as the most elevated among the men of Korea (51.39%) and least among the ladies of Israel (26.60%). From an alternate point of view, the contention was proceeded by Zhang et al. (2011) as they completed an examination work to look at and decide the frequency of prostate disease among the Asian men. The creators found that the mortality to rate, mortality and rate paces of disease in Asian men was seen as 0.44, 59,643 and 7.2 cases for each 105 every year individually. Be that as it may, Chang et al. (2014) considered the power of clinic spending and the results of malignant growth in the Asian nations which was a consolidated contention to both the past investigations. The creators found that the emergency clinic spending record which was the most noteworthy for colorectal malignancy with 30.2% and the least for prostate disease with 6.2%. From the surveyed writing, it was conjectured that the pace of malignancy is expanding in Asia and this is obvious from the enrolled new cases and passings. The qualities of the looked into comprised of their precision of data to display the threat of the infection and the shortcoming comprised of their legitimacy of discoveries with the absence of division of the occurrence of the individual malignancy types. In this way, it is presumed that most of the malignant growth is among the females that start at the youthful age of 19 and the medical clinic spending is generally on colorectal disease. Reasons for Cancer in Asian Countries The causative components of disease in the Asian nations comprise of the socio-social and way of life factors that have caused an expansion in the pervasiveness of bosom malignancy. Utilizing smokeless tobacco in the southern and southeastern nations has expanded the oral hole malignant growth rates. Dietary examples and Helicobacter pylori contamination are answerable for the high predominance of stomach malignant growth. In such manner, Long et al. (2012) completed an exploration work and found that the danger of prostate malignancy is related with diabetes mellitus and since the infection has a high commonness among the Asian men, it underpins the improvement of prostate disease. Different variables are related with the event of diabetes like family ancestry, ecological elements and drug use length that likewise influences the event of prostate disease. Subsequently, change in any of these components will likewise alter the occurrence rates. Aside from this, liquor, physical dorma ncy and undesirable eating regimen are likewise the causative variables of malignancy. Ng et al. (2015) continued with the contention with their exploration work for deciding the relationship that exists between the land areas, nation pay and malignant growth design in Asia and examine the reasons for disease in the mainland. The creators found that the creating nations in Asia are having a rising rate of malignant growth basically because of low fiber diet, corpulence and high fat, physical idleness, liquor utilization, smoking and carrying on with a disease related way of life. In any case, Kristina, Endarti Thavorncharoensap (2016) limited the contention with their exploration work to property the weight of malignant growth to tobacco smoking in the South Asian nations. The creators found that about 22% of the malignancy passings are because of the smoking of tobacco in the low, center and high-pay nations in Asia. Lin et al. (2013) on an alternate point of view found that hepatitis B and C infection are the significant reasons for hepatocellular carcinoma or liver malignant growth. Just around 3 5% of the patients endure the drawn out enduring of liver malignant growth. The surveyed writing built up the theory that there are a few causative components for the various sorts of malignant growth in the Asian nations. The quality of the writing was that they gave a definite record of the different sorts of malignancy in Asia in any case, with the confinement of their absence of data about their commonness among people as per their causative elements, aside from prostate and bosom disease. Accordingly, it very well may be inferred that distinguishing proof of these causative elements can be essential for control of disease in Asia. Results of Cancer in Asian Countries The results of malignancy can be horrible for a mainland like Asia where there are a few creating nations and disease can additionally disturb the destitution. This can be either because of the effect of the ailment on the capacity of the individuals to work or because of the expense of overseeing and treating the disease. In this regard, McCormack and Boffetta (2011) led an exploration work that mirrored the outcomes of ways of life that can prompt the advancement of disease especially in the center and low-pay nations of Asia. This populace is exposed to discretionary cashflow and open markets that cause them to devour liquor, tobacco and open them to progressively inactive occupations and ways of life. This prompts the advancement of prostrate, bosom and colon malignant growth among the Asians. Kimman et al. (2015) continued with the contention and expressed that malignant growth could deleteriously affect the lives of the Asian individuals bringing about a money related disaster. Poor endurance and antagonistic monetary results were distinguished among 75% of the new patients who kick the bucket inside a year because of financial detriments and advance indicative stage. Kimman et al. (2012) considered the effect and outcomes of malignancy on an Asian setting and found that the nations that come up short on a powerful and thorough arrangement of social medical coverage get influenced the most. Without these social wellbeing nets, the endurance, treatment costs, personal satisfaction of the patients, their family units and their financial conditions all goes under danger. The medicinal services use that leaves pocket as a rule surpasses 30% of the salary of the family unit prompting monetary hardship, mental trouble and sickness actuated destitution. Mak et al. (2014) did an examination on a positive note to check the results of disease which presented business related difficulties that are looked by the overcomers of malignant growth. The unintended social results have additionally been talked about by the creators to show the collaboration between the malignant growth survivors and their work environment. From the writing, a speculation can be concluded which expresses that malignant growth can have its results in each part of life. The quality of the writing was the itemized examination of the effect of malignant growth on the lives of the patient and the shortcoming of the writing was the absence of data on the clinical results of disease the board that incorporates the unfriendly responses. In this way, on the end, it very well may be expressed that the appalling results of malignant growth influences the patient actually as well as on an expert scale. Preventive Measures of Cancer in Asian Countries The rising and existing malignant growth weight and examples in the different Asian nations require its political acknowledgment as a significant issue of general wellbeing. Adjusted speculation is likewise basic in the expert and open mindfulness. To stretch more on the preventive measures, D'cruz et al. (2013) led an examination work to express that the preventive proportion of head and neck malignant growth is generally reliant on the site and phase of the tumor. Suitable treatment because of early analysis is critical for progressively the probability of endurance and fix. From the points of view of hepatocellular carcinoma, Han et al. (2011) opined

Children Pediatric Growth Charts and Eating Disorders

Children Pediatric Growth Charts and Eating Disorders Eating Disorders Awareness and Prevention Print Children Pediatric Growth Charts and Eating Disorders By Lauren Muhlheim, PsyD, CEDS facebook twitter linkedin Lauren Muhlheim, PsyD, is a certified eating disorders expert and clinical psychologist who provides cognitive behavioral psychotherapy. Learn about our editorial policy Lauren Muhlheim, PsyD, CEDS Medically reviewed by Medically reviewed by Steven Gans, MD on September 23, 2015 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on January 23, 2020 Hero Images / Getty Images More in Eating Disorders Awareness and Prevention Symptoms Treatment Diagnosis  Hopefully, at every well visit, your pediatrician documents your child’s growth on the  CDC growth chart, which plots height, weight, and body mass index (BMI) against age-based averages. Why? Because the CDC growth chart is one of the best tools for early identification of eating disorders (and other problems). Eating disorders most often begin during adolescence, and they can become severe quickly. Research shows that early intervention improves the chance for a full recovery. Unfortunately, most pediatricians are not trained in the early detection of eating disorders. Furthermore, in the face of the current societal focus on obesity, doctors may be more sensitized to a patients weight being over versus under what is expected and miss signs of restrictive eating disorders including anorexia nervosa. So parental vigilance can make a big difference.   Body weight and height are largely genetically determined. Contrary to what commercial diet companies promise and what the war on fat implies, not every individual is meant to be the average weight for their age and height. Consider foot size, where there is a normal distribution. While the average woman today has an 8 ½ shoe size, most do not â€" some will be size 5 and others will be size 10. And so it is with body weight. Not everyone is predestined to have a body weight in the 50thpercentile â€" some will be heavier and some lighter. Checking a Childs Growth for Problems Throughout the Years During the first year of life, the curve along which a child grows to a significant degree reflects environmental factors for the baby as well as in the mother during pregnancy. By around the second year of life, a child starts to grow along a trend line that more accurately reflects his or her unique genetic growth potential. In healthy children height and weight each increase along a fairly constant growth curve. However, some children grow steadily along with the 25  th  percentile while other children grow steadily along with the 50  th  percentile and still others along with the 95th  percentile. Their height and weight percentages may be similar or different. This may all be normal for that child. Annual measurement is recommended so there’s adequate information to determine whether a child is falling off a growth trajectory in a dangerous way. This is one of the reasons for yearly pediatric appointments. If you change pediatricians, it is a good idea to have the growth records transferred so that a complete record is maintained.   Of note, many children and adolescents who develop anorexia nervosa do not experience actual weight loss. However, they are usually supposed to be growing at this age â€" it is common for children to gain 30 pounds as they go through puberty. Failure to gain weight can be a sign of malnutrition and as dangerous as actual weight loss. Malnutrition during puberty  can lead to weak bones  and permanently stunted height. Failure to gain weight in a growing child should be a cause for concern. It can mean an eating disorder or a multitude of other health issues.   Growth curves are also used by professionals in establishing target weights for recovery, and research shows these curves are the best method for determining an individual’s treatment goal weight (more accurate than using BMI) when they are available. They can help a professional to accurately estimate the weight at which females will resume menstrual periods following amenorrhea (loss of menstrual periods due to malnutrition).   Falling off the growth chart trendline for either height or weight can indicate a potential problem. For example, if a child who has always tracked along the 75thpercentile for either height or weight suddenly starts tracking along the 40thpercentile, there is reason for curiosity and likely concern even if they are not technically underweight on a BMI chart. Sometimes children with anorexia fall off their height curves before they fall off their weight curves, which is why it is important to track both. Parents can plot their child’s growth on the following charts, or obtain growth records from their child’s physician: CDC Growth Chart for Girls Up to Age 20CDC Growth Chart for Boys Up to Age 20 Parents can also plot growth curves electronically (for free) on  My Growth Charts and can learn how to read a growth chart.   A Word From Verywell If you notice that your child has fallen off either his or her height or weight curves, ask your physician to conduct a careful history and physical. There are many possible explanations for a failure to grow and eating disorders are only one of them. Doctors may need to perform additional testing. It is also important to note that not all patients with eating disorders will have weight loss or be at lower weights. Eating disorders may occur in people of all body sizes.  ?

Minnesota V. Riff Essay - 1110 Words

Minnesota v. Riff Interpersonal Communications/CJA-304 September 24, 2011 University of Phoenix Abstract Identify and discuss the various types of written or oral communication presented in the case and the guidelines for each type of communication. Consider the prosecution, defense, witnesses, and the judge. Write an arrest-and-incident police report using the specified guidelines and parameters for report writing as outlined in the assigned readings. Assume the role of the investigating officer. The report must be factual, accurate, objective, and complete. Ensure the police report is as long as necessary, concise, clear, and mechanically correct. Types of Written and Oral Communication Prosecution The various types†¦show more content†¦The witnesses stated that the sacks that Mr. Riff was charged with carrying that contained the money were issued to him at the poker game. Mr. Riff testified he grabbed the hammer to use as a security measure for him in order to protect his winnings. The Defense disputes Mr. Riff tossed the hammer away prior to arriving home and in no way meant to steal from the market. The Defense in this case exercised oral communication by exploiting the redundancy in this case. This was to establish that the eyewitness testimonies for the prosecution were incorrect and imperfection was found during the police investigation. Witnesses The witnesses in the Minnesota v. Riff case would have used verbal communication when communicating with the police and the Defense Attorney. During the trial they would have used oral communication. The witnesses would also have used visual communication in describing to the Judge, the Prosecutor, the Defense Attorney, and the Jury what they saw. Also, the witnesses would have used written communication during their personal statements to the police and the Attorneys. Police Arrest/Incident Report Incident Type: Burglary Incident Date: Saturday, September 24, 2011 Time: Approximately 12:30 am Address: Marquette’s Market- Corner of Main and First Street Officer Name: Officer Terry Shields, Minnesota Police Department Offender/Suspect: Ronald Riff Victim: Speedy Marquette (Store Owner) Witnesses: Marty Martini,Show MoreRelatedCommunication and Criminal Justice6158 Words   |  25 Pages|Resource: Minnesota v. Riff court case documents, or a similar court case’s documents that are|in class – | | | |as complex as Minnesota v. Riff and are approved by your instructor. | | | | | |Due by 3-4-13 | | | |Search the Internet for the Minnesota v. Riff courtRead MoreLangston Hughes Research Paper25309 Words   |  102 Pagesdeferred. Hughes described the Montage as poems marked by conflicting changes, sudden nuances, sharp and impudent interjections, broken rhythms, and passages sometimes in the manner of the jam session, sometimes the popular song, punctuated by the riffs, runs, breaks, and disc-tortions of the music of a community in transition. Montage of a Dream Deferred, illustrated by Jacob Lawrence, was not published by Henry Holt until 1951. Many of the poems were later set to music by composer Howard SwansonRead MoreCase Studies67624 Words   |  271 Pages(Living Media India Ltd), 22 April. Connect Magazine, 1998, Worldwide Feedback Form: www.connectmagazine.com/June 1998/Junepgshtml/June98Wwind.html. DeGarmo, K., 1998, ‘Mulan Happy Meal goes worldwide’, The Fort Worth Star Telegram, 16 June. Deshpande, V., ‘McDonald’s goes more Indian’: www.financialexpress.com/fe/daily/20000910/faf10031.html. The Ecologist, 1995, ‘Kentucky Fried Chicken protests in India’ , October. The Economist, 1997, ‘Spice with everything’, 22 November. Happy Birthday, ‘Maharaja

Choc Delux Liability Under the Tort of Negligence Free Essay Example, 1000 words

According to English law for tort of negligence, claimant (Kim) needs to prove number decision points to help the court to find evidences of negligence showed by Choc Delux. Decision Point 1: In order to prove evidence of negligence, Claimant (Kim) will need to show that defendant (Choc Delux) owed the duty of care towards claimant (Harlow, 2005). In similar context, the case of ‘Donoghue versus Stevenson’ can be used as reference point. In that case, House of Lords gave verdict that in case of generally duty being assumed by Claimant, evidence of negligence cannot be proved. However, in this case, Claimant (Kim) is customer defendant (Choc Delux) and defendant gifted the cake to Claimant. Therefore, Choc Delux owed the duty of care towards Kim. Decision Point 2: After showing that Choc Delux owed her duty of care, Claimant (Kim) needs to prove that defendant (Choc Delux) is at fault or the defendant (Choc Delux) has breached its duty of care. In such context, first, the courts determine the standard of care that Choc Delux owed to Kim. We will write a custom essay sample on Choc Delux: Liability Under the Tort of Negligence or any topic specifically for you Only $17.96 $11.86/pageorder now Although, there is no written contract between Claimants (Kim) is customer defendant (Choc Delux) but breach of duty can be proved the court by using the clause of business ethics and quality standards (Marcy, Gentry and McKinnon, 2008). As a result, it is reasonable to think that the court will find evidence for breach of duty of care by defendant (Choc Delux). Decision Point 3: At this phase, Claimant (Kim) needs show that breach of duty by defendant (Choc Delux) caused the damage (physical injury and monetary expense of  £10,000). The court will use ‘but-for’ test to determine the validity of claim by the Claimant (Kim) (Harlow, 2005). Court will ask the question, â€Å"but for the Choc Delux’s (defendant)’ tort, would Kim (Claimant) have suffered the loss. In such case, Kim can use the doctor’s diagnosis, medical reports to show that damage was caused by the defendant (Choc Delux). In extreme case, chemical tests can be conducted to show that ‘false finger nail’ was part of the wedding cake when it was delivered by defendant (Choc Delux). Decision Point 4: finally, damage suffered by Claimant (Kim) must be part of the damage that can be recovered under English law for tort of negligence. Kim’s case is not loss of chance to avoid damage (physical injury and monetary expense of  £10,000). Therefore, it will not be difficult for Kim to pass the 4th decision point (Lewis, Morris and Oliphant, 2006). All the four decision points are in favour of Claimant (Kim) and these criteria can be fulfilled by Kim in the court.

Running Head North Sea Oil and Gas Free Essays

Every business or industry is prone to various risks which include floods, earthquake, terrorists which the industry should put mechanisms in place to avoid such. Effective contingency planning has been of importance to most industries that embrace the idea. North Sea oil and Gas has for a long time been prone to the problem of changing weather conditions which is especially experienced in the sea. We will write a custom essay sample on Running Head: North Sea Oil and Gas or any similar topic only for you Order Now The companies that exploit the North Sea oil and gas have put a lot of emphasis on risk management and most of the companies have set up risk management departments (Leslie and Michaels, 1997). Numerous deaths had occurred during the exploitation of North Sea oil and gas in the 1970s and 1980s and this called for effective contingency planning to reduce the losses incurred by loosing workforce and by spillage of oil and gas due to buckles. The companies that exploit the gas and oil have invested in the contingency planning as a way of way of managing the risks (Leslie and Michaels, 1997). North Sea oil and gas has been a source of wealth to the countries that exploit the resource. North Sea oil has been used to refer to the oil and natural gas exists beneath the North Sea. The countries that exploit the North Sea oil and gas include Netherlands, Norway, Germany, United Kingdom and Denmark. Most countries and especially companies that have been given license to exploit the resource have taken proactive measures of risk. Mining beneath the sea has led to many deaths of the people involved and this has called for heavy investment in risk management projects undertaken by the companies. The pipes that transfer the oil and natural gas from underground reservoirs to processing plants which are mainly located some distance from the sea must be strong to withstand the waves in the sea. Depending on weather changes, waves differ in their height and this call for contingency planning otherwise heavy losses are incurred by the particular company (Leslie and Michaels, 1997). In the 1970s, the North Sea oil a gas companies took proactive measures to avoid heavy losses that resulted when waves exceeded the height of 3 meters. The operators laid many pipes which assumed the shape of S to maintain smoothness between the large barge and the ocean floor. The operators used bow anchors to further buckles by raising and resetting the pipes at the barges. The operators had to be keen because improper lowering of pipes would result into a pipe buckle which presented a serious threat in laying the pipes. The excessive height of waves which exceeded the anticipated height resulted in further risk of pipe buckles due to uncontrolled lowering of pipes. The companies therefore had to purchase a large number of steel pipes to avoid delays incase of any pipe buckle and this methods was not cost effective as the company would have desired. Any proactive measure that is taken to manage risk should be cost effective, utility effective and must therefore be maximizing benefits for the company while minimizing cost (Leslie and Michaels, 1997). An effective contingency planning in managing risks in project requires good planning and coordination of all the stakeholders in the project to ensure maximum desirable result. Risk management involves taking measures in dealing with uncertainty. The North Sea and oil contingency planning that was adopted in 19790s involves dealing with uncertainty because in favorable weather conditions, there is less cost involved in dealing with risks since pipe buckles will be few and hence very few new pipes will be required to be laid. However, since it’s hard to predict the height of the waves in the sea which can cause heavy losses if unchecked, the companies that explore the oil and gas in the areas must take precautionary measures (Leslie and Michaels, 1997). Exploration of North Sea oil any natural gas involves making wealth for the companies that are undertaking the projects. The importance of contingency planning in the exploration project is very essential in risk management because it’s used to assess the possibility of bad weather condition which is a threat to the project. The assessment is consequently used to reduce the possibility of underperformance that may be realized when no measures are undertaken to reduce or avoid the pipe buckles. The cost of replacing buckled pipes reduces the profit margin that is realized in the project and therefore effective contingency planning help to manage the risk. Effective contingency planning helps to capture the benefits of fair weather. Uncertainty about weather conditions is a threat that faces the North Sea offshore pipe laying. If effective contingency planning is observed, long periods of bad weather can be sustained because the project major should be able to recognize and deal with the bad condition threat which is inevitable. The project managers should ensure there is plenty supply of pipes during bad weather condition to avoid delays in replacing the buckle pipes. The project managers should observe good contingency planning by ensuring that the oil and gas pipeline are complete before the bad weather sets in and this will assist in reducing the costs associated with contingency planning. Laying pipelines in time helps in avoiding major delays in the project which may result in heavy monetary losses. Contingency planning for reducing possible threats that are associated with North Sea and oil exploration could be a possible way of increasing income to the companies that are undertaking the project. American project management institute (PMI) argue that there is a possible opportunity associated with the risks that threaten the project in winter, bad weather conditions has been known to lead to gas shortage in most cities which due to law of demand, the prices increase. This could be an opportunity for those companies that are concerned with the project. Effective contingency planning in managing risk North Sea oil and gas has created an opportunity to the companies undertaking the project. This is attributed to the precautions taken by the companies in anticipation of bad weather threat. The project involves paying for delivery before the contract begins. Most companies that want to protect themselves from the deficient supply of the resources therefore buy the resources before the contract begins. The high demand has contributed to higher revenue derived from the project and this consequently results to higher profitability (Leslie and Michaels, 1997). Contingency planning which is mainly associated with managing risks should not only focus on the threats that hamper the success of the project but should also view threats as an opportunity to achieve the objectives of the project. Achievement of objectives means the project has succeeded. Therefore effective contingency planning in addressing risks should recognize the close relationship of threats and opportunities. The actions taken by the project manager in reducing the risks should seek to create an opportunity for excellence (Leslie and Michaels, 1997). Effective contingency planning should not focus on managing threats. Instead the project should seek to identify the different sources of risks and consequently how to manage the risks. Focus on risks draw emphasis on the anticipated failure. Therefore, assessing the various sources of uncertainty and how those uncertainties can be a threat to the project and consequently how to manage the uncertainties involves application of effective contingency planning. North Sea oil and gas exploration is associated with many uncertainties which present various threats to the project. Focus on the opportunities created by the uncertainties management can lead to profitability and success of the project. The project manager should identify the origins of uncertainties instead of managing risk first and this will assist in addressing the root of the problem. Most projects have failed to meet the set objectives due to their failure to address the root of the problems. Superficial problem solving has led undesirable results. Therefore identification of the source of uncertainties should be considered as the beginning of the risk management process in effective contingency planning (Leslie and Michaels, 1997). Uncertainty is present in every project and in all stages of the project life cycle (PLC). The uncertainty is contributed by various reasons which are inevitable. All projects success is based on various assumptions which are the main sources of uncertainties. Differences in the performance of project concerning cost, quality and duration that is required to complete the project bring a lot of uncertainties. In laying pipes in the ocean in a way that will avoid pipe buckles involved a lot of uncertainties. This is attributed to the changing weather conditions. Its hard to forecast the height of the waves in the ocean in a particular season and this present source of uncertainties since its hard to know with certainty the cost of dealing with the threat since its hard to tell the amount of pipes to be knocked down and therefore requiring replacement (Leslie and Michaels, 1997). Proactive risk management in the North Sea oil and gas project should be entrenched in both base plans and contingency plans. It’s argued that if a project focuses very much on being cost effective it’s bound to fail on risk management in some occasions. However, crisis management should only be used as principal management in some occasions. However, crisis management should only be used as principal management mode if the risk management fails completely (Leslie and Michaels, 1997). References Leslie, Keith, J. and Michaels, Max, P. â€Å"The Real Power of Real Options†. The McKinsey Quarterly 3 (1997):134-225. How to cite Running Head: North Sea Oil and Gas, Essay examples

Implementing Process Management

Question: Prepare a blog on implementing process management in 500 Words. Answer: This blog talks about running the flourishing Enterprise Resource Planning (ERP) projects through planning, implementing and operating by means of Risk management system. It centers on the classification of chief issues in running ERP projects and mounting a risk management structure; planned by investigating the risk and efficiency in the ERP executing projects and recognizing the risk aspects to create some ideas in the extenuating dimensions. In particular, this method made easy the recognition of main issues in the running of ERP projects and the growth of a model for administrating the rising risk issues. These days, business has distorted to the global market. It gives various challenges to an organization by accepting ERP system to achieve competitive advantages presentation, together with attaining customer anticipation and market growth. The rationale is ERP can help out them, particularly big projects in the explanation of the disintegration concerns by incorporating all or ganizations workflow. Furthermore, there are chief issues in the commencement projects that the effects these systems process. There are many issues in applying ERP projects which include matters associated with IT, managerial change, and project management. For example, there are risks such as holdups in conducting over sign-off and consequences of other projects on ERP have important impacts on project management. Inadequate business wealth and holdups in making alteration to a bequest system have high impact on organizational change. Likewise, negligence of overall IT architecture results noteworthy impact on IT associated processes. Also, a flourishing ERP execution engages numerous factors like: Apparent the goal of business planned. Top management has tough obligations. Exceptional project management Change Management organizational. An outstanding implementation group Give high-quality learning and training. Focus on measuring performance. The frameworks of risk management are recognizing, classifying, and evaluating, administrating, and finishing risk. Managing risk across diverse stages of project and equivalent stress to efficient project management, organizational change and IT acceptance are some of the key factors in accomplishment of ERP implementation (Dey, Clegg Bennett, 2010). It is the method to execute the business in the market. In addition, an organization can use the roll-out plan, which can sustain business processes. A flourishing project management requires several checklists in some tasks; which are (Becker, Kugeler, Rosemann, 2011): Influence; Information and training; Training and consultancy; Sensibility; Motivation; Documentation, which must be crystal clear in the business procedures and documenting some, recognized report accomplishments. Organizations regularly put Process Management into practice for an array of motives. Nonetheless, the major motivation is to be further competitive in the powerful rivalry of todays financial system. A bulk of company leaders are forced to be aggressive through enhanced contributions and the accomplishment of improved efficiency, while at the same time falling overall costs and proceeding business processes. ERP systems offer considerable profits but their implementations engage considerable capital pay outs and lofty breakdown risks (Zeng, 2010). References Becker, J., Kugeler, M., Rosemann, M., 2011,Process Management : A Guide for the Design of Business Processes, 2ndedition, Springer, Berlin, Heidelberg. Dey, P., Clegg, B., Bennett, D., 2010. Managing enterprise resource planning projects.Business Process Management Journal,16, 2 (2010), pp. 282-296. Zeng, Y., 2010. Risk management for enterprise resource planning system implementation in project-based firms.