...Each student must complete a Final Project. The Final Project is a definitive case analysis and is to be in the form of a written paper in APA format. The purpose of the Final Project is to assess the student’s learning accomplishments by demonstrating how well the student has assimilated the information learned in this and all other Business Management courses. The Final Project includes two definitive business case analyses. The successful student will be able to discern between relevant and irrelevant material and then apply the various business techniques and skills to thoroughly analyze the cases in relation to the questions posed. Students may use any material in the text, from other courses, in addition to original research in developing the Final Project, but every word (unless expressly quoted with appropriate credits given) must be that of the student submitting the paper. Information used from other course work must be appropriately referenced and cited. Students would be well advised to begin making notes immediately upon starting this course on how they will respond to the Final Project. Final Project Case #1: Complete a comprehensive APA formatted paper that includes a thorough analysis of the following questions. The first part of the Final Project is to be performed on the Herman Miller Inc. in 2012: An Ongoing Case of Reinvention Case in the text on page C-332. 1. What does the five-forces analysis reveal about the strength of competition in...
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...RISK MANAGEMENT – AN AREA OF KNOWLEDGE FOR ALL ENGINEERS A Discussion Paper By: Paul R. Amyotte, P.Eng.1 & Douglas J. McCutcheon, P.Eng.2 Chemical Engineering Program Department of Process Engineering & Applied Science Dalhousie University Halifax, Nova Scotia, Canada B3J 2X4 2 1 Industrial Safety & Loss Management Program Faculty of Engineering University of Alberta Edmonton, Alberta, Canada T6G 2G6 Prepared For: The Research Committee of the Canadian Council of Professional Engineers October 2006 SUMMARY The purpose of this paper is to “seed” the discussion by the Research Committee of the Canadian Council of Professional Engineers (CCPE) on the topic of risk management. The paper is in part a research paper and in its entirety a position paper. As can be inferred from the title, the authors hold the firm opinion that risk management is an area of knowledge with which all engineers should have familiarity and a level of competence according to their scope of practice. The paper first makes the distinction between hazard and risk. The two terms are often used interchangeably when in fact they are quite different. A hazard is a chemical or physical condition that has the potential to cause harm or damage to people, environment, assets or production. Risk, on the other hand, is the possibility or chance of harm arising from a hazard; risk is a function of probability and severity of consequences. A description of the process of risk management is then given....
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...Information Administration (EIA), it still remains at a high average for the regular consumer (American Petroleum Institute Statistic, 2011). Although the resources for natural gas pumps are not readily available Chesapeake Energy, Inc. plans to break ground and be at the forefront of this venture, and make natural gas an affordable commodity to all levels of income brackets. Components of Retail Regular Gasoline Prices [pic] Sources: U.S. Dept of Energy, U.S. Dept of Labor, and API This memo will recommend and introduce a new project to be considered for implementation into the SBU portfolio. This project will be the combination of an offering of a crude oil and natural gas mixture of fuel; that will be offered to the public sector as another alternative to the use of crude oil alone. In a review we realize that one of the other projects originally planned will either be delayed or experience a budget cut to allow this new combined product to be resourced and produced by the end of...
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...I have acknowledged all additional sources that I have used/quoted directly. This report and all the information it contains may not be reproduced by any means without my written consent. Acknowledgement I am grateful to individuals who have assumed an instrumental role in bringing this project to completion: * My employer, Anglo American management for providing the environment and opportunity to execute this project. * Mr Tumisho Kekana, Commodity Implementation Manager for Underground Mining Equipment and Heavy Mining Equipment at Anglo American, for guidance and selfless mentoring throughout the project * Mr S Chikumba, Senior Lecturer: Mechanical and Industrial Engineering at UNISA, for his guidance and contribution in developing the research concept, and approach. His contribution played an essential role in the foundation and formulation of this project * Mr Vusi Mabena, for continually supporting, motivating and encouraging me at all times to keep on * Zimele Small Business hub managers and facilitators(Secunda, Middleburg, New Vaal and Witbank hub) for tirelessly assisting in with the surveys * All the suppliers who have participated in the projects * Last but not least, my colleague Miss Vuyiswa...
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...RIVER COAL MINE: THE DISASTER REPORT ON FAILURE OF THE PROJECT Prepared By: Atul Srivastava Stu ID- 14854045 05 Oct 2015 Table of Contents Executive Summery ………………………………………………………………………… 1. Introduction ………………………………………………………………………… 2. Methodology ………………………………………………………………………… 2.1 Factors contributed to project failure ………………………………………… 2.2 Failure of theories behind Pike tragedy ……………………………………… 3. Conclusion …………………………………………………………………………… References Executive Summery Pike river coal mine was operated by Pike River Coal 46 km (29 mi) north-east of Greymouth in the West Coast Region of New Zealand's South Island. Pike River Coal Company Ltd (Pike) was formed in 1982 and acquired by New Zealand Oil & Gas Ltd (NZOG) in 1998 as the major shareholder. It was initially expected to produce around one million tonnes of coal per year for around 20 years, making the mine the second-largest coal export mine in the country, as well as the largest underground coal mine of the country. Because of various technical glitch and poor forecasting of the management, the whole project was delayed. The Delayed timeframe, lower production rate of coal has increased the financial pressure as it was proven to be as over-promised and under-delivered. On Friday the 19th November 2010 an underground explosion occurred at the Pike River Mine that resulted in the deaths of twenty- nine men. Over the ensuing nine days, three more explosions propagated through the mine. The investigation...
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...PHIVOLCS builds info portal for quakes and volcanoes | Tuesday, 16 September 2014 04:12 | | | | | The Philippine Institute of Volcanology and Seismology (PHIVOLCS) introduced the” Information Portal for Philippine Earthquake and Volcano” during a seminar-forum on Sept. 15, 2014 at the institute’s auditorium, Quezon City. Led by its Director, Renato U. Solidum, Jr., the heads of the 4 technical divisions gave brief descriptions on the content of the portal.Following a series of joint meetings with partner-agencies Japan International Cooperation Agency-Japan Science and Technology Agency (JICA-JST) and National Research Institute for Earth Science and Disaster Prevention (NIED), PHIVOLCS has come up with a prototype of the Information Portal for Philippine Earthquake and Volcano which will be available for public viewing in the near future. | Continue reading.. | PHIVOLCS and Province of Albay Commemorate 200-years of 1814 Mayon Volcano Eruption, 26-27 June 2014, Legaspi, Albay | Friday, 18 July 2014 06:53 | Legaspi, Albay. The Philippine Institute of Volcanology and Seismology (PHIVOLCS) in partnership with the Province of Albay commemorated the 200-years anniversary of the 1814 Mayon Volcano Eruption on 26-27 June at the La Piazza Hotel, Legaspi, Albay.Eruptions from Mayon Volcano that people remember date back to 1968, 1978, 1984, 1993, 2000-2001, 2006 and 2009. What most people are probably not aware of is that, two hundred years ago, on 01 February...
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...in capital budgeting on strategic grounds. Does it mean that the NPV approach is flawed? The standard DCF methodology assumes that managers make an investment decision and then see how the market evolves. In many situations managers can wait and then make a decision. The latter is an option - an option to defer or time the investment decision. Pharmaceutical companies, for example, frequently enter into agreements with small biotechnology companies and Universities for research and development. The traditional DCF methodology does not work well in case of such projects because of prolonged development and uncertainty in cash flows. For gaining access to research, the pharmaceutical company makes an up-front payment and a series of progress payments. These contingent payments give the pharmaceutical company the right but not the obligation to make further investments. Such investments are best evaluated as options . The chapter has the following objectives: • Highlight different types of financial options • Bring out an analogy between financial options and real options • Highlight the different types of real options • Introduce valuation of real options Consider a project that has a best outcome of $ 13 m and a worst outcome of $ 9 m. Each of these outcomes are equally likely to occur (probability is 0.5). The expected value of the project, the weighted average of outcomes, is $ 11 m. i.e. (13*0.5 + 9*0.5) = 11 The discounted value at a discount...
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...Kristine Beck Assignment Week 1 From 1940 to present, project management has continuously advanced from line managers using a small set of processes that were considered nice to have to the formal assignment of one individual assigned as the project manager that utilized a formal methodology by which to manage the project. Often the term “best practices” is referenced within a defined methodology. Documenting Best Practices: Mature Project Management Processes Best practice refers to the optimal method recognized within a given industry or discipline to achieve a stated goal or objective. These practices are consistently predictable and proven to provide successful results and these practices are dynamic—evolving and maturing over time (Devine, 2013). The Business Dictionary defines a best practice as a, “method or technique that has consistently shown results superior to those achieved with other means, and that is used as a benchmark (Business Dictionary, n.d.).” A more simple definition is that a best practice is a method or technique that has consistently shown results superior to those achieved with other means, and that is used as a benchmark. In addition, a "best" practice can evolve to become better as improvements are discovered. Best practice is considered by some as a business buzzword, used to describe the process of developing and following a standard way of doing things that multiple organizations can use. Organizations that have had constant success have adapted...
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...Barrack Gold Corporation Introduction The following essay focuses on the mining conglomerate Barrick Gold Corporation. Barrick owns gold and copper mines across Australia, Africa, and the Americas and these geographical locations provide the focus of the essay’s Macroenviromental analysis. The gold is sold to various gold bullion dealers at market prices whereas copper is sold to copper product manufacturers and copper traders in Europe, North America, South America and Asia (BarrickResponsibilty, 2013). Barrick’s Macroenviroment According to Kotler et al. (2011) a company and all of the other actors operate in a larger macroenviroment of forces that shape opportunities and pose threats to a company such as Barrick. Jobber and Ellis-Chadwick (2013) further imply that it is these actors and forces that affect the mining company’s capability to operate effectively in providing products and services to its customers. Its external environment is characterized by elements that do not have an immediate impact on its performance albeit their impact being felt over the long term. There are those that can influence the company marketing activities without management being able to control them hence the need to continuously monitor them or risk going out of business (Wilson, 2006). The framework that best discusses these elements is the PESTLE Analysis as it provides the strategic planning and environmental analysis that can be useful for Barrick to improve performance and ensure its...
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...1. Project Audit Initiation This step involves starting the audit process, defining the purpose and scope of the audit, and gathering sufficient information to determine the proper audit methodology. 2. Project Baseline Definition This phase of the cycle normally consists of identifying the performance areas to be evaluated, determining standards for each area through benchmarking or some other process, ascertaining management performance expectations for each area, and developing a program to measure and assemble the requisite information. Occasionally, no convenient standards exist or can be determined through benchmarking. For example, a commodity pricing model was developed as part of a large marketing project. No baseline data existed that could serve to help evaluate the model. Because the commodity was sold by open bid, the fi rm used its standard bidding procedures. The results formed baseline data against which the pricing model could be tested on an “as if” basis. Table 12-3 shows the results of one such test. CCC is the firm and the contracts on which it bid and won, together with the associated revenues (mine net price tonnage), are shown. Similar information is displayed for Model C, which was used on an “as if” basis, so the Model C Revenue column shows those bids the model would have won, had it actually been used. 3. Establishing an Audit Database Once the baseline standards are established, execution of the audit begins. The next step is to create a database for...
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...France and Belgium, reaching objective of 5 millions Euros savings across 2 years, • Charing Performance reviews, KPI set up and follow up, • Working closely with 3PL to identify area of productivity and cost saving, • Responsible for the warehousing costs and Budget (4 millions Euros yearly), • Integration of International Freight constraints (sea/road/rail via containers). (9 months) Warehouse Building Project Manager Warehouse of 30 000 m2, built and equipped for a total cost of 20 millions Euros, Located in Zeebrugge, Belgium, • Worked in partnership with a 3PL in the warehouse design and equipment, • Ensured that the building design and built match with Danone requirements, • Project delivered on time, • Managed successfully the Warehouse Management System selection, customisation and installation, including...
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...causes of Failure” On Vedanta Alumina Lanjigarh Project Submission date 13th December, 2010 Submitted bySId- 7636657 1 Executive Summary – MOE&F, INDIA rejected the application for Stage-2 (Final) Environmental Clearance and withdrew all the previous clearances for mining in Niyamgiri Hills given to Vedanta Alumina Ltd. (VAL) a subsidiary of Sterlite Industries INDIA Ltd. (SIIL) citing various facts and reasons. This report provides an in depth analysis of the factors that lead to the debacle of Vedanta Alumina Lanjigarh Project. In the collation and presentation of data Secondary sources have been largely used. Vedanta, being a big Corporate house with ample experience was well aware of the rules and legislations prescribed under the law but deliberately Indulged in malpractices and ignored the key issues when it came to the Implementation of the Robust Business Strategy as a part of unnecessary haste. This project is a complete failure as the main purpose of setting up of refinery at Lanjigarh was the mining from nearby Niyamgiri Hills which was rejected by MOE&F, INDIA. Main factors that contributed to the failure of Vedanta Project are primarily indulging in unethical and illegal practices to kick-off the project and ignoring the key stakeholders of the project i.e. Dongria Kondhs who are the inhabitants of the Niyamgiri Hills (Proposed mining Lease Area). The only ray of hope for Vedanta to make this project a success in terms of hindsight is to abide by the...
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...|PRESTIGE INSTITUTE OF MANAGEMENT AND RESEARCH | |Indore | | | |Project Report | | | |Payal Patidar | |BCA 6th Semester - 11641 | | | CONTENTS 1. Introduction a. Rationale b. Objectives c. Tools i. Software Requirements ii. Hardware Requirements 2. Methodology a. Design i. Algorithm ii. Flow chart iii. E-R Diagram iv. Data flow diagram 3. Tools i. Forms layout ii. Coding 4. Results 5. Conclusion 6. Reference INTRODUCTION ...
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...DETERMINANTS OF AMANAH RAYA BERHAD EFFICIENCY PERFORMANCE NURFASHA AZLIN BINTI MOHAMAD 2009404328 BACHELOR OF BUSINESS ADMINISTRATION (HONS) ISLAMIC BANKING FACULTY BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA SHAH ALAM SEPTEMBER 2011 LETTER OF SUBMISSION 18 JANUARY 2011 Prof. Madya Dr Ismail bin Ahmad The Programme Coordinator Bachelor of Business Administration (Hons) Islamic Banking Faculty of Business Management Universiti Teknologi MARA 40450 Shah Alam Selangor. Dear Sir, SUBMISSION OF PROJECT PAPER Attached is the project paper titled “Determinants of Amanah Raya Berhad Efficiency Performance” to fulfill the requirement as needed by the Faculty of Business Management, Universiti Teknologi MARA. Thank you. Yours sincerely, ………………….. NURFASHA AZLIN BINTI MOHAMAD 2009404328 Bachelor of Business Administration (Hons) Islamic Banking BACHELOR OF BUSINESS MANAGEMENT (HONS) ISLAMIC BANKING FACULTY BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA SHAH ALAM “DECLARATION OF ORIGINAL WORK” I, Nurfasha Azlin bt Mohamad ( I/C No : 881120-56-5392) hereby declare that : * This work has not previously been accepted in substance for any degree, locally or overseas, and is not being concurrently submitted for this degree or any other degree. * This project paper is the result of my independent work and investigation, except where otherwise stated. * All verbatim extracts have been distinguished by quotation marks and sources of...
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...Utilisation of Coal Ash Generation Target Date from the Date of issue of this Notification 1. At least 50% One Year 2. At least 60% Two Years 3. At least 75% Three Years 4. At least 90% Four Years 5. 100% Five Years A. TATA POWER Trombay, Jojobera and Maithon thermal power plants achieved 100% fly ash utilization whereas CGPL achieved 25% in its first year of full operation, which is in line with regulatory requirements. Innovations 1. Ultra-Thin White Topping technology: CTTL, a wholly owned subsidiary of Tata Power, in association with BASF, has developed a concrete mix which can help replacing 40% of cement with Fly Ash. The polyheed admixture developed for Trombay Thermal Station Fly Ash has been used in a demonstration project. A demonstration road stretch of 3.5 m x 100 m has been laid. This road has lower absorption of solar energy (higher reflectivity) and is expected to have a longer service life. 2. Bottom ash based brick making: Bottom ash based bricks were manufactured successfully. A patent on the same has been filed. Technologies Being Reviewed / Adopted Fly ash based plaster sand: Additives are added into fly ash and mixture is processed to manufacture ceramic sand through an already patented process. This sand is well graded and meets the standard IS specifications for sand. This helps in utilization of fly ash from thermal power station in environmental friendly manner. This plaster sand is then mixed with cement and some more additives in the...
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