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On Best Practices for Risk Management in Complex Projects  [PDF]
Dan BENTA,Marius PODEAN,Cristian MIRCEAN
Informatica Economica Journal , 2011,
Abstract: Risk management shall be proactive. This is one of the key preliminaries to cope with the challenges of complex projects. An overarching and consistent view on project risks and uncertainties is necessary to follow a holistic approach in project risk management. Uncertainty is inevitable since projects are unique and temporary undertakings based on assumptions and constraints, delivering project results to multiple stakeholders with different requirements. Project management can be seen as an attempt to control this uncertain environment, through the use of structured and disciplined techniques such as estimating, planning, cost control, task allocation, earned value analysis, monitoring, and review meetings. Each of these elements of project management has a role in defining or controlling inherent variability in projects. Project risk management provides approaches by which uncertainty can be understood, assessed, and managed within projects. A number of associations (e.g., Project Management Institute – PMI , International Project Management Association – IPMA,or Network of Nordic Project Management Associations - NORDNET) work constantly in acquiring, improving, and standardizing best practices in project management.Based on the industrial practice, this paper outlines strategies to identify, prioritize, and mitigate risks for achievement of project’ or organizational objectives.
Information technology and communication and best practices in it lifecycle management
Paletta,Francisco Carlos; Dias Vieira Junior,Nilson;
Journal of technology management & innovation , 2008, DOI: 10.4067/S0718-27242008000200007
Abstract: in this work, we focus on the role of information and communication technologies - ict- to create additional sources of competitive advantage that can help companies to prepare themselves for sustainable growth in the long term. first, we discuss the dynamics of icts and the ability to generate innovations with a direct impact on business.then we present the need for greater balance between goals of short and long term on it projects. in the third part, we discuss how these new technologies have helped to increase the productivity of information professionals as well as to enhance decision-making process and the satisfaction of the end customer. to conclude, it is presented the main challenges that the technology-based companies will have to face in relation to the management of the lifecycle of their technology, consolidation and simplification of their processes within their computing environments, aiming to increase productivity and develop agile environments that allow the organizations to meet the demands of managing digital information.
Information Technology and Communication and Best Practices in It Lifecycle Management  [cached]
Francisco Carlos Paletta,Nilson Dias Vieira Junior
Journal of technology management & innovation , 2008,
Abstract: In this work, we focus on the role of Information and Communication Technologies – ICT - to create additional sources of competitive advantage that can help companies to prepare themselves for sustainable growth in the long term. First, we discuss the dynamics of ICTs and the ability to generate innovations with a direct impact on business. Then we present the need for greater balance between goals of short and long term on IT projects. In the third part, we discuss how these new technologies have helped to increase the productivity of information professionals as well as to enhance decision-making process and the satisfaction of the end customer. To conclude, it is presented the main challenges that the technology-based companies will have to face in relation to the management of the lifecycle of their technology, consolidation and simplification of their processes within their computing environments, aiming to increase productivity and develop agile environments that allow the organizations to meet the demands of managing digital information.
ARTIFICIAL LIFT MANAGEMENT RECOMMENDATIONS AND SUGGESTIONS OF BEST PRACTICES  [cached]
Clemente-Marcelo Hirschfeldt
CT&F - Ciencia, Tecnología y Futuro , 2011,
Abstract: ABSTRACT Artificial lift systems (ALS) play an important role during the oil field production process. The selection, acquisition, installation, evaluation, monitoring and subsequent inspection of these systems involves different stakeholders, including the companies and different sectors therein. When you add factors such as field location, local culture and the experience of the companies in the area, understanding and analyzing each of the factors is critical not only to maximize the life of a specific ALS, but also to maximize and optimize field production in an efficient, effective manner. Another important factor to consider is the dynamic of developing new oil fields or those affected by different EOR technologies, such as secondary recovery by water injection, where field requirements and conditions change on a continuous basis. This paper presents concepts and recommendations regarding the management of ALS during the productive life of an oil field, contemplating the criteria of selection, acquisition, installation, evaluation and monitoring, as well as the subsequent inspection thereof. The issues analyzed herein also involve concepts related to operating as well as service companies and sectors involved in acquisition, evaluation and monitoring, among others. It also mentions definitions of the roles, functions and competencies required to live up to the challenges posed by these systems. RESUMEN Los sistemas de levantamiento artificial (SLA) juegan un rol importante durante el proceso de producción de un campo hidrocarburífero. Su selección, adquisición, instalación, evaluación, monitoreo y su posterior inspección, involucra a diferentes actores, así también como compa ías y diferentes sectores dentro de ellas. Si ademá;s le agregamos factores como la ubicación de los campos, la cultura local y la experiencia de las empresas en esas locaciones, el conocimiento y aná;lisis de cada uno de todos estos factores es crítico no solo a la hora de maximizar la vida útil de un SLA específico, sino también a la hora de maximizar y optimizar la producción de un campo de forma efectiva y eficiente. Otro factor importante a ser considerado es la diná;mica que presenta el desarrollo de nuevos campos hidrocarburíferos o aquellos que estén afectados a distintas tecnologías de EOR como los de recuperación secundaria por inyección de agua, donde los requerimientos y las condiciones de los campos cambian en forma continua. El siguiente trabajo presentará; algunos de los conceptos y recomendaciones relacionadas a la gestión de los sistemas de levantamiento artif
The Effect of Human Resource Management Practices on Corporate Performance: A Study of Graphic Communications Group Limited  [cached]
Rosemond Boohene,Ernesticia Lartey Asuinura
International Business Research , 2010, DOI: 10.5539/ibr.v4n1p266
Abstract: In developing economies such as Ghana, the influence of governments in state-owned entities renders many human resource management best practice principles ineffectual. Graphic Communications Group Limited (GCGL) is a state-owned entity. Its human resource practices can be crucial to its performance. The purpose of this study therefore was to assess whether GCGL’s human resource management practices, particularly recruitment and selection, performance appraisal, remuneration, and training and development practices influence its performance. Simple random sampling was used to select one hundred employees from GCGL. T-tests were carried out to examine the relationship between the selected HR practices and corporate performance. The results revealed that, from the perceptions of the respondents, there exists a positive relationship between effective recruitment and selection practices, effective performance appraisal practices and GCGL’s corporate performance. The research did not gather sufficient evidence to conclude on how remuneration, training and development practices influence GCGL’s performance. The study recommends that the management of GCGL continues to ensure that the company’s HR policy, effective recruitment and selection practices, as well as effective performance appraisal practices are upheld.
Compilation Of An Econometric Human Resource Efficiency Model For Project Management Best Practices
G. van Zyl,P. Venier
South African Journal of Human Resource Management , 2006, DOI: 10.4102/sajhrm.v4i3.96
Abstract: The aim of the paper is to introduce a human resource efficiency model in order to rank the most important human resource driving forces for project management best practices. The results of the model will demonstrate how the human resource component of project management acts as the primary function to enhance organizational performance, codified through improved logical end-state programmes, work ethics and process contributions. Given the hypothesis that project management best practices involve significant human resource and organizational changes, one would reasonably expect this process to influence and resonate throughout all the dimensions of an organisation.
Information Technology and Communication and Best Practices in It Lifecycle Management Information Technology and Communication and Best Practices in It Lifecycle Management Information Technology and Communication and Best Practices in It Lifecycle Management  [cached]
Francisco Carlos Paletta,Nilson Dias Vieira Junior
Journal of technology management & innovation , 2009,
Abstract: In this work, we focus on the role of Information and Communication Technologies – ICT - to create additional sources of competitive advantage that can help companies to prepare themselves for sustainable growth in the long term. First, we discuss the dynamics of ICTs and the ability to generate innovations with a direct impact on business. Then we present the need for greater balance between goals of short and long term on IT projects. In the third part, we discuss how these new technologies have helped to increase the productivity of information professionals as well as to enhance decision-making process and the satisfaction of the end customer. To conclude, it is presented the main challenges that the technology-based companies will have to face in relation to the management of the lifecycle of their technology, consolidation and simplification of their processes within their computing environments, aiming to increase productivity and develop agile environments that allow the organizations to meet the demands of managing digital information. In this work, we focus on the role of Information and Communication Technologies – ICT - to create additional sources of competitive advantage that can help companies to prepare themselves for sustainable growth in the long term. First, we discuss the dynamics of ICTs and the ability to generate innovations with a direct impact on business. Then we present the need for greater balance between goals of short and long term on IT projects. In the third part, we discuss how these new technologies have helped to increase the productivity of information professionals as well as to enhance decision-making process and the satisfaction of the end customer. To conclude, it is presented the main challenges that the technology-based companies will have to face in relation to the management of the lifecycle of their technology, consolidation and simplification of their processes within their computing environments, aiming to increase productivity and develop agile environments that allow the organizations to meet the demands of managing digital information. In this work, we focus on the role of Information and Communication Technologies – ICT - to create additional sources of competitive advantage that can help companies to prepare themselves for sustainable growth in the long term. First, we discuss the dynamics of ICTs and the ability to generate innovations with a direct impact on business. Then we present the need for greater balance between goals of short and long term on IT projects. In the third part, we discuss how th
Risk Management for Complex Calculations: EuSpRIG Best Practices in Hybrid Applications  [PDF]
Deborah Cernauskas,Andrew Kumiega,Ben VanVliet
Computer Science , 2008,
Abstract: As the need for advanced, interactive mathematical models has increased, user/programmers are increasingly choosing the MatLab scripting language over spreadsheets. However, applications developed in these tools have high error risk, and no best practices exist. We recommend that advanced, highly mathematical applications incorporate these tools with spreadsheets into hybrid applications, where developers can apply EuSpRIG best practices. Development of hybrid applications can reduce the potential for errors, shorten development time, and enable higher level operations. We believe that hybrid applications are the future and over the course of this paper, we apply and extend spreadsheet best practices to reduce or prevent risks in hybrid Excel/MatLab applications.
Corporate Social Responsibility Perspectives and Practices in Chinese Companies: A Brief Overview on Environment, Consumers and External Communication  [cached]
Hai-yan HE,Teodoro Rafael Wendlandt Amezaga,Beatriz Ochoa Silva
Journal of Management and Sustainability , 2012, DOI: 10.5539/jms.v2n1p57
Abstract: Economic globalization has brought the field of Corporate Social Responsibility (CSR) to the forefront of today's business community in China and around the world. The business community finds it necessary and in their benefit to implement practices learned from CSR studies for socio-economic growth and long-term sustainability. Based on successful studies created in Latin America, this paper proposes an empirical study that will address how CSR is perceived in Chinese companies and will briefly evaluate some practices about environment, consumers, and external communication. Our results are found to have significant association of CSR concept with legal implication. Providing safe and reliable products with services were found to have most relevant attribute towards CSR. Environmental and consumer practices have shown more implemented and useful than those related to communication.
Community Participation in Solid Waste Management “Learn From International Best Practices”  [cached]
Ngakan Ketut Acwin Dwijendra
Bumi Lestari , 2012,
Abstract: In most cities of many developing countries, solid waste management is constantly growing to be a great issue. This is due to the rise of waste, while the city authorities has lack of finance and technical skills in collecting and disposing it effectively. The solid waste problem is nott just been responsibling of the city council but also other parties. This article reviews international cases of solid waste management programs analyses and evaluate each cases based on some selected criteria and then trs to check the possibility to apply in Denpasar City condition. The cases show that by enhancing and encouraging the involvement of community is one of the best way to set up a successful to sustainabile solid waste management programs.
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