Friday, November 29, 2019

Physics and Technology free essay sample

To answer this question, we must understand the role of physics and engineering. The reader must forgive the gross oversimplification in the following descriptions the purpose of this answer is to provide only the broadest of understandings of the disciplines involved. . Physics is the science of modelling the universe around us, and then examining and manipulating those models so that we better understand how the universe works.For example, physics has a conceptual and mathematical model for gravity that lets us predict at what velocity a body must travel to remain in orbit around the earth at a given altitude in space. The model also tells us what will happen to the orbital parameters should the orbiting body speed up or slow down, and thus lets us accurately answer what if questions about the real universe using only our model. Engineering is the discipline of applying physics models to the real world in order to accomplish a desired result. We will write a custom essay sample on Physics and Technology or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Engineers build rockets and satellites based on the principles of physics, and by doing so, are able to launch a satellite into a stable orbit. By successively refining the processes by which they translate models of physics into real-world applications, engineers can progressively make more effective, more efficient, and safer rockets and satellites, even while the physical models remain constant. . Technology is the by-product, or perhaps the result of physics and engineering.Technology is the resulting rocket, propellant, satellite, microcircuit, and so on. Only through engineering could those technological products have been developed, and only through physics could the engineers have understood how to begin to develop them. . So we can see physics is very important to technology, because without it, we would lack the understanding we require about our universe to eventually develop technology. Technology is everything that people invent or design to improve life from the old inventions and to lead to a new age.The 6 simple machines that Archimedes invented all have to do with physics. Without them, we wouldnt have the best technology that we have today, like cars, factories, wells, etc. Without factories, wed be slower on building everything else, like electronic toys, handheld video games, computers, etc. == Answer == Technology is nothing without Physics. Every technology involves Physics. Like for instance is the LRTs, computers, cellular phones, or any electronics uses electricity which is involve in the study of Physics.The computer will not also work without the magnets and loops of wires which are also involve in the study of Physics. Physics and Technology are very much related. Physics deals with understanding of the natural world, while technology aims to apply this understanding into the man-made world. technology might even be considered as the offspring of Physics. The world wide web, laser, superconductors and semiconductors that form the foundations of our modern technology were all invented by physicists.

Monday, November 25, 2019

Swot Analysis of Proton Essays

Swot Analysis of Proton Essays Swot Analysis of Proton Essay Swot Analysis of Proton Essay Analysis on Proton Radiation Whilst Michael Porter five’s forces or industrial analysis provides a scan on the changing industrial and observe the structure of internal competition of an industry, PESTEL analysis scanning the changing of the external environment which is beyond the control of the organization. PESTEL analysis is criticized as not an effective framework because there are certain weaknesses in the framework. For example, the fast changing environment and it is a not long lasting analysis. One of the example concerning on the Washington Mutual declared bankrupt due to unable to overcome the economic crisis that severely hits on the company’s finance. History Proton Holdings Bhd is a Malaysia stated-owned company. Proton is established on 7 may 1983 under the direction of the former Prime Minister Malaysia, Dr Mahathir Mohammad. Proton Holding Berhad is listed in the Main Board of the KLSE on 26 March 1992. The major shareholder of Proton Holding Berhad: Khazanah Nasional (42. 7%), Employees Provident Fund (EPF) (15. 7%) and Petroliam Nasional (7. 9%). Proton and Mitsubishi established joint venture project since the first Proton car produced in 1985. The first Proton Saga which produces based on the technology from Mitsubishi launched in September 1985 and the rest of cars has manufactured by proton with the collaboration with Mitsubishi such as Wira, Waja, Iswara and others. However, Mitsubishi sold its stake in 2004 but is still continue to supply the relevant components to Proton. In the same year, Proton announced to talks with Volkswagen AG to establish a partnership. The expectation on the tie-up may exploit each other’s strengths, but the talk has failed. In 2006, Protons sales dropped 30. % from 166,118 in 2005 to 115,538 in the market. This allowed the second national car Perodua to overtake Proton as the countrys largest passenger carmaker for the first time, with a 41. 6% market share, while Protons market share fell from 40% in 2005 to 32% in 2006. In the period ending December 31, 2006, Proton has also suffered three consecutive quarterly losses. Compared to a profit of 86. 5 million ringgit in 2005, the car c ompany lost 281. 5 million ringgit in 2006. Total losses in 2007s financial year climbed to $169 million. The acquiring 80% of the Lotus Group in 1996 by proton is only using the technological expertise of lotus to produce efficient car in Malaysia. In 2009, Malaysian government starts delivering information to the people on the Lotus Group which is owned by the national car makers Proton. Lotus Group is a United Kingdom based company which is a sport car manufacturer. The acquisition of lotus group by proton is to obtain mutual interest where the Proton will obtain the technological expertise from the Lotus Group and the Lotus Group need the assists from proton to boost the sales. In the fiscal year ended 31 March 2009, Lotus Group turnover is increased to RM574. 8 million compared to RM564. 3million in the year before. Vision and mission The company mission is to become a successful Malaysian automotive company and manufacture innovative product and affordable price to the local and even to the global. In order to get the goal success, Proton Holdings Bhd set five core commitments which are focusing on the interest of customers, shareholders, employees, business associations and the nation. Barrier entry Concerning on the current political and legal issues in Malaysia, the obstacles for the competitor in automobile industry is remaining high. Political The intervention of the government in the automotive industry in Malaysia is purposely to protect the national industry from the stiff competition raise by the foreign company in the industry. In order to protect the car industry, high tax of 140% to 300% imposed on the import cars. For example, in U. S a BMW 328i is sells only RM 155,369. However, in Malaysia the same model car is selling RM 460,000 after added the import tax. Malaysia is a member of ASEAN and WTO. One of the conditions in the AFTA is to removes or reduces the tariff system. However, Malaysia refuses to wholly remove its taxes on the importing. While in 2005, Malaysia has implemented its commitment to the ASEAN to reduce the tariff gradually and in 2008, the tax reduces to 0% to 5%. | IMPORT DUTY| Local Taxes| | CBU| CKD| CBU CKD| Engine Capacity (cc)| MFN| ASEAN CEPT| MFN| ASEAN CEPT| Excise Duties| Sales tax| 1800| 30%| 0%| 10%| 0%| 65%| 10%| 1800 – 1999| 30%| 0%| 10%| 0%| 75%| 10%| 2000 – 2499 | 30%| 0%| 10%| 0%| 90%| 10%| Above 2500| 30%| 0%| 10%| 0%| 105%| 10%| Table 1: Import duty Reduce of import tax force government to increase the excise duty on the people while to minimize the losses in reducing tariff. The tax imposed on both manufacturer is create an obstacles for the foreign companies from enter the automobile industry. According to the National Automobile Policy (NAP) review, Ministry of International Trade and Industry (MITI) will terminate the approval permits (AP) system imports of complete built up (CBU) vehicles and also the AP for used vehicles in 2015. No new pplications for Open AP will be considered and franchise AP will be terminated by Dec 31, 2020. Only the holder of approval permit is allowed to import cars and distribute it locally. If the franchise AP is terminated in 2020, the foreign car manufacturer has to only assemble car locally. Other than tariff, Malaysia Automotive Association (MAA) announces that the importing used-car, cut car, secondhand component and spare part in Malaysia is going to banned by the government. This is to protect the safety of the people from using used car and also to boost the sales of the spare part and the car sale in Malaysia. Together in 2015, the government is also attempt to put restriction on the vehicle which aged 15 and above to do mandatory check. The vehicle end life policy will be implementing in 2015 told by the transport minister Malaysia. The implementation will gives opportunities to the local and foreign automobile companies to raise the sales due to high price in spare part to replace in used spare part. Economic The growing economic in Malaysia is cause by the opens up of the economic trade barrier by the government to attract the foreign investment. The FDI of Malaysia in 1985 to 1995 is around USD 29 billion. While the inflow of FDI after Malaysia implements its commitment to ASEAN in reduces the import tax, there is an overall an increase of 3 billion of FDI to 6 billion in 2006 of FDI inflow. The declining restriction on trade barrier started on the fierce competition on the market. Table 2: Net FDI inflows, 2000-2008 Source: miga. org/documents/flagship09ebook_annexes. pdf On the other hand, the income per capita of Malaysian is increasing from USD 2516 per year in 2001 to USD 4776 in 2009. According to the forecast by Malaysian automotive association (MAA), the total industry volume forecasting will be increase from 550000 units to 570000 units in the next half year of 2010. This is due to the first half year sales performance of the vehicles is grew up to 19. 8% compared to the previous relevant period. Figure 1: Income per capita Government intervention in the oil price in Malaysia gives the reason for the oil price in Malaysia is the lowest among the neighbor countries. The manage float method is using to control the crude oil price in Malaysia. The subsidies by the government in the oil price reduce the burden of the people. While in 2010, government adjusts the new oil price to reduce the subsidy and the national debt. Figure 2: Oil price in Malaysia and neighbor countries In 2010, the loan interest rate has increased three times results on the latest increment to around 3. 85% to 4. 1%. However, Proton holdings Bhd discuss with the banks and financial institutions to reduce the impact of the increased interest rate that will affect the buying behavior of consumers toward cars. Even though the rose of the interest rate and the increasing oil price in Malaysia, this is not severely affected the consumer to buy cars†, said by MAA president Datuk Aishah Ahmad. Legal In order to start business in Malaysia, the foreign company has required registering and licensing with the provision of the control exist in general acts such as the Companies Act 1965 or the Registration of Business Act 1965. Manufacturing activities in Ma laysia must require a manufacturing license from MITI. However, there is a restriction control for foreign business or investor. Malaysia government controls the companies to resulting of the balance participation by the Malaysian, particular in bumiputera. Only manufacturer who have fewer than 75 employees and less than RM 2. 5 million in shareholders’ funds are exempted. One of the rules in the industrial coordination act 1975 stated that if 70% or more of the equity is held by foreigners, the balance will be reserved for the bumiputera and if less than 70% of the equity is held by foreigners, 30% will be reserved for bumiputera and the balance for non- bumiputera. Malaysia started to encourage environmental friendly cars to the market by promoting 100% incentive tax allowance for five years or pioneer status for a period of 10 years. The minister of finance told during the 2009 budget Malaysia that the imported hybrid cars will get exemption of 100% import duty and 50% excise duty. Proton is protected by the government policies by limited the foreign equity ownership and other to make the barrier of entry to the automotive industry difficult to the competitors. This is an opportunity built by the government for Proton since long time ago. There is no have other comparative advantage on Proton other on the price advantage. The acquisition of Lotus by proton is strengthening the product differentiation from the conservative Proton car’s model. The Proton Satria Neo which is the product representative of the Proton joint-efforts with Lotus engineering. The product differentiation and the price advantage gives proton one step up over other rivals in the industry. Thus, the opportunity cost for consumer to forgone the foreign car is high. Current situation of economy, legal issues and even political issues are all favored to the Proton. Since Lotus Group has been acquired by Proton, Proton should use the opportunity to transfer the technology know how to the Proton cars to produce product differentiation that is impressed everyone. Threat of substitutes Even though the barrier entrant in the automobile industry is remaining high, but, there is exists a strong rival to Proton. The main reason of the argument is referred to the second national car Perodua. The substitutes available in the automotive industry are the threat to cause Proton’s sales to drop. Appendix 3 shows that the top car sales in Malaysia in 2009. The top car sales in 2009 is occupied by the second national car Perodua, while Proton’s cars is on the second place lower than Perodua because of Perodua’s afford in improving its quality and refreshing their products which meet the needs of the customers is the reason that Perodua overtake the Proton as the largest car maker in Malaysia. Rivalry among existing firms Proton strongest rival in Malaysia is the second national car Perodua. Since Perodua introduce in 1993, the sales is overtake Proton after 13 years in 2006. In 2009, the share market of Perodua hits 32. % while proton stayed after Perodua which occupy 28. 6% of the market share. Perodua acknowledge that the consumer concerning on the affordable price when do purchasing of car. Offered 0% of down payment in buying Perodua car is attracted the buyer switching their target from proton to perodua. In addition, Perodua is also provides the cash rebate up to RM 2500 for the buyer. Other competitors of Proton inc lude Toyota, Honda and Nissan. In Malaysia, Toyota brings in the hybrid car which is high production cost car and its uniqueness creates a product differentiation for Toyota from its rivals. Toyota has a strong brand image in the world and it is the world best car seller. The brand loyalty toward the company is strongly beat the brand image of Proton in Malaysia. Moreover, Toyota has the strongest research and development among the automotive industry. They do research before introduce a new product to the market to ensure the well feedback from the consumers. For example, Toyota enables their consumer access to the development of the Toyota Prius features and characteristic before introduce it to the market. They found that the consumers are concerning on the affordable price, high technology, safety issues about the car. Moreover, Toyota enable consumers to do pre order before the car were delivered to the dealership. As a result, the sales of the Toyota Prius in the U. S is tremendously successful which the sales climbed 32% from 2001 to 2003. Buyer bargaining power Buyer has a lot of information exposure before do purchasing, information comparison on the price, features, and comments from the chat forums and others are easily available. Validity of information causes the high bargaining power of buyer on the car. Buyer decision is affected when the downturn of economic or low income. Only small amount of buyer is not affected toward luxury brand. According to a research, the Malaysian buying behavior is change according to the economy. 58% of Malaysian cut their spending during the economy downturn, while 81% of the respondent alleged that less spending on the luxury goods. These significant behavior shows that the price sensitivity among the Malaysian. The behaviors same reflect on the buying behavior of buyer on the car. As the increasing income per capita among Malaysian, the buyer has more variety of choice in choosing vehicle. Therefore, the Proton is suffered with the strong bargaining power of buyer and low switching cost from proton to the main rival Perodua that are enhancing the bargaining power of buyer. Bargaining power of suppliers According to the promotion of investment act 1986, government will provides incentives to the firms which are involved in the promoted activities or activities as determine by the MITI. While, this incentive is eligible apply on the transport equipment, components and accessories. This brings to the increasing of the number of component industry in Malaysia accelerates from 00 to 350 in 2003. 70% of these company supplies are to Proton Bhd. The high concentration of the suppliers leads to the low bargaining power of supplier to Proton. Conclusion The lack of innovation and weak management in the company are the major weaknesses to Proton Holdings Bhd. Whilst, the fast changing environment is not severely affected Proton that is protected under umbrella of government but is the competitiveness among the industry widen the gap between Proton and foreign vehicle to be on par. The comparisons apparently cause Proton loss its competitiveness among the automobile industry. The causes lead Proton struggle in the stiff competition in the automotive industry are due to the weak RD on the customer needs and no have innovation on the products. However, there are some opportunities for Proton to overcome it. For example, advance technology available in Lotus Group. Proton should starts to built its brand image and reputation changing to a more effective management and be more creative in producing vehicles. Appendix 1 Appendix 2 Appendix 3 Appendix 4 [ 2 ]. Day trading on NYSE, 2009. 10 largest bankruptcies in the history of the USA. Available on: http://nyse-trade. com/httpnyse-trade-ru10-krupnejshix-bankrotstv-v-istorii-ssha/ Viewed: 20/7/2010 [ 3 ]. Wikipedia, 2010. Proton (carmaker) Available on: http://en. wikipedia. org/wiki/Proton_(carmaker) Viewed: 20/7/2010 [ 4 ]. Barari, A. , 2008. Malaysia’s Proton to build new car with Mitsubishi Available on: motorward. com/2008/12/malaysias-proton-build-car-mitsubishi/ Viewed: 24/7/2010 [ 5 ]. The Star, 2010. Proton confirms talks with Volkswagen called off. Available on: http://biz. thestar. com. my/news/story. asp? file=/2010/6/7/business/20100607103 215sec=business Viewed: 23/7/2010 [ 6 ]. Tan, P. , 2007. Proton 2006 sales dip; EPF buys more Proton shares. Available on: http://paultan. org/2007/01/25/proton-2006-sales-dip-epf-buys-more-proton-shares/ Viewed: 24/7/2010 [ 7 ]. Whitley, A. , 2007. Proton posts loss as sales slump to lowest in 7 years. Available on: bloomberg. com/apps/news? pid=newsarchivesid=axpaLGflllBArefer=asia Viewed: 23/7/2010 [ 8 ]. Proton annual report, 2009. Available on: proton. com/public/media/mediacentre/documents/annualreports/AReport_2009 _3. pdf Viewed: 23/7/2010 [ 9 ]. Proton Holdings Berhad annual report, 2004. Available on: http://announcements. lse. com. my/EDMS/subweb. nsf/7f04516f8098680348256c6f0017a6bf/0ace7786fbc2707b48256f08003508b3/$FILE/Proton-Cover-Contents-AGM-CorpInfo-CorpGov-FinancialStatements%20(1MB). pdf Viewed: 20/7/2010 [ 10 ]. ELM international, Inc, 2010. Automotive supplier information: Malaysia. Available on: eautoportal. com/eap/data/country/country. asp? show=Malaysia Viewed: 23/7/2010 [ 11 ]. Malaysia: Govern ment will impose excise duty on cars to make up tax revenue, 2003. Available on: just-auto. com/news/government-will-impose-excise-duty-on-cars-to-make-up-tax-revenue-report_id80405. aspx Viewed: 20/7/2010 12 ]. Wong, A. , Chia, H. G. , Chew, K. Y. , 2010. Review of the national automotive policy Available on: bakermckenzie. com/RROperatingReviewoftheNationalFeb10/ Viewed: 24/7/2010 [ 13 ]. Wong, H. T. , 2006. Foreign direct investment in manufacturing industry of Malaysia: An empirical study. Available on: http://myais. fsktm. um. edu. my/8153/1/Foreign_Direct_Investment. pdf Viewed: 24/7/2010 [ 14 ]. World investment and political risk, 2009. Net FDI inflows, 2000-2008 Available on: miga. org/documents/flagship09ebook_annexes. pdf Viewed: 24/7/2010 [ 15 ]. World consumer lifestyles databook, 2001. Gross income per capita 1990-2009. Available on: euromonitor. com/pdf/wcld_samples. pdf Viewed: 20/7/2010 [ 16 ]. Appendix 1 [ 17 ]. Appendix 2 [ 18 ]. Approval of manufacturing projects, 2008. Available on: http://210. 187. 41. 3/beta/view. php? cat=3scat=5pg=116 Viewed: 27/7/2010 [ 19 ]. Automotive News Topics, 2008. Malaysia Budget 2009 : 100 percent exemption of import duty and a 50 percent exemption in the excise duty for CBU hybrid cars Available at: http://kereta. info/malaysia-budget-2009-100-percent-exemption-of-import-duty-and-a-50-percent-exemption-in-the-excise-duty-for-cbu-hybrid-cars/ Viewed: 23/7/2010 20 ]. Malaysia: Government will impose excise duty on cars to make up tax revenue, 2003. Available on: just-auto. com/news/government-will-impose-excise-duty-on-cars-to-make-up-tax-revenue-report_id80405. aspx Viewed: 20/7/2010 [ 21 ]. Malaysian Automotive Association (MAA), 2010. 2009 top 10 popular car model in Malaysia. Available on: etawau. com/HTML/Car/INDEX_TopM odel. htm Viewed: 24/7/2010 [ 22 ]. Perodua Viva, 2007. Available on: peroduapromosi. com/index. php? p=1_9_VIVA Viewed:

Thursday, November 21, 2019

Transportation Management Sytems Essay Example | Topics and Well Written Essays - 500 words

Transportation Management Sytems - Essay Example The first step towards achieving this integration is the dissemination of complete information among suppliers, retailers and carriers. The TMS should plan and manage multiple transportation modes, multiple carriers, multiple routes and multiple tariffs for timely supply of goods at low cost. When the GIV is efficiently operated, it will result in low cost throughout various stages of supply chains. Under GIV, time consumption, labour expenditure along with the handling costs could also be reduced due to a reduction in the number of personnel required to complete the task. Reduced lead time availability is the main benefit from the GIV. It leads to implementation of creative policies resulting in improved product quality and increased customer service. (Hopp and Spearman, 1996). The virtual warehouse (VW) concept, aimed at maintaining real -time global visibility for logistics assets, was pioneered by Global Concepts, Inc. (Stuart et al., 1995; Landers et al., 2000).Real-time information and real-time decision algorithms are the basic things in the VW that provide operating efficiencies. But as proved by the simulation model, conducted for an auto-parts supplier’s (company) multi product supply chain, the GIV could achieve these efficiencies in a single class warehouse (Stuart et al., 1995). The simulation model was experimented with three types of items known as slow moving items, regular items and fast moving items. They are automobile engines, automobile tires and motor oil items respectively.

Wednesday, November 20, 2019

Tesla in Turkey Essay Example | Topics and Well Written Essays - 1750 words

Tesla in Turkey - Essay Example The automotive industry is very important after the construction and tourism sectors (Saee 194). This industry creates the country’s highest multiplier. Furthermore, the industry intertwines with other industries such as marketing, fuel, finance, service and insurance. Any changes in the automotive industry are important to the country’s economy. The best approach for Tesla Motors in this country is to cooperate in the production and marketing fields. This increases the company’s capacity in the country’s automotive industry. The company enjoys more economic competition, innovations and investments for new models. In short, the automotive industry in Turkey is lucrative and with the right market entry strategies, Tesla Motors will enjoy significant profits. From a political and legal perspective, the country has liberalization (Nas & Mehmet 41). Turkey is a key supporter of liberal trade and investment policies that permit trade with countries in the Europ ean Union. The custom union of 1996 allowed Turkish firms to expand and become more successful internationally (Altug & Alpay 25). Turkish exports have continuously increased by 10% on an annual basis showing the trading potential of the country. The country charges sales tax, inclusive of VAT and exclusive consumer tax, on all motor vehicles. These taxes are higher compared to those other developed countries. The sales tax comprise of almost 19.2 percent to 117.1 percent. The country’s legislation on motor vehicle changes rapidly depending on changes in technology.

Monday, November 18, 2019

Bureaucratization of My Life Essay Example | Topics and Well Written Essays - 500 words

Bureaucratization of My Life - Essay Example Students are people too and their overwhelming academic requirements put pressure on their lives. Some deadlines cannot be met so professors must understand the situation. There are also rules that were written a long time ago which does not fit a dynamic learning environment anymore. Although is a school is a bureaucratic system, it must also be the leader in innovation and change since it leads society towards the future through the learning process.The third characteristic is Impersonality. A bureaucratic system is objective and people assigned to do their duties are impersonal in their attitude. Weber thought this was good so that people can easily perform their routine and stick to the tasks being performed. The school staff assists students regardless if they are academic performers or not. There is no discrimination as the school staff perform their duties by rendering service to all students regardless of race, creed, color or even financial status. Unfortunately, impersonali ty and objectivity have its drawbacks. What I am pointing out is that since a bureaucratic system is impersonal and objective the situation of an individual is overlooked since the rules have to be followed. Regardless if one has been sick and cannot submit on time, the student can be given a failing grade despite the circumstances. In conclusion, bureaucracy is practiced inside PGCC and it has its advantages; however, it also has its disadvantages since a school system is not a perfect organization.

Saturday, November 16, 2019

Estimating Micro Estimation

Estimating Micro Estimation Gray and Larson (2003), defines estimation as the process of forecasting the time and the cost of completing project deliverables. These processes are developed by each organization, and employed in a unique way possible. Estimating project times and cost Accurate estimates are critical for effective project management, as inaccurate estimates may lead to false expectations and consumer dissatisfaction. Accurate estimation depends on cost and time. The lifelines for control are budgets, times and cost; they serve as a comparison between the plan outlined in the project and the actual occurrence when undertaking the project. Accurate and reliable estimates also assist in setting up project rollup and project status reports which are the major input for measuring variances and taking action. Managers will need these estimates to make the project schedule and cost for every work package in the project. This data information assists in the coordination of the project by the management. Organization cultures influence the organizations quality of estimates in that, different organizations respond differently to certain estimates e.g. padding estimates are tolerated and privately encouraged in some organizations. While others may place a premium on accuracy and strongly discourage gamesmanship estimates. The importance attached on estimates, affects the quality of estimates in some organizations. A number of them believe that detailed estimates may take much time and are not worth the effort or that future cannot be predicted. Others they may have the belief that accurate estimates are the baseline for effective project management The difference between macro and Micro estimation is; Macro estimating approach are estimating processes which are classified as top down and are usually derived from analogy or mathematical relationship. Micro-estimating approach are estimating processes, classified as bottom-up and are based typically on elements estimates found in the work breakdown structure.There are certain conditions that one would prefer to use each of the above estimating approach. Macro estimates can be used when making strategic decisions; there is high uncertainly; the project is small and internal and when the scope is unstable. Micro estimates on the other hand can be applied when; cost and time is important; fixed-price contract and when the customers wants details. The type of cost found in a project are Direct cost (Labor, material, equipments, etc), project overhead costs, and general and administrative overhead costs. Direct cost can be altered to a specific work package and are therefore influenced by the project manager. Direct costs represent real cash outflows and must be paid as the project progresses. Direct overhead costs (project costs) which closely pinpoint organizations resources being used in the project can be partly influenced by the project manager. Time phase estimation is appropriate when a project is surrounded by unusual amount of uncertainty and it becomes impractical to estimate times and costs for the entire project. A two estimate system is used in time-phase estimation in which a detailed estimated is first developed for the immediate phase and a macro estimate is made for the remaining phase of the project. Contingency allowance should be separated from original estimates because, it has been experimentally noted that many projects total estimates do not materialize and the actual costs and schedule of some projects significantly exceed original work package based estimates. The estimation errors may result in the process of estimation or in the inherent uncertainty of predicting the future. Conclusion Estimates of time and cost are important when carrying out a project. Estimates based on facts from other past projects produces at most accurate information. People, technology and downtimes may sometimes influence the quality of estimates. Estimates based on facts should be acceptable as they represent the best realistic times and cost estimates. Reference Gray, C.F. and Larson, E.W. 2002.Project Management: The Complete Guide for Every Manager, McGraw-Hill publishers

Wednesday, November 13, 2019

Flag Football :: essays research papers

Whether it's running around and grabbing the opponents flag, or running around and pushing people out of the way for the touchdown, flag football is a great sport to increase adrenaline. Playing flag football gives players energy and helps keep them in shape. The constant movement helps work ones cardio and keeps one active. It is fun to play because players gat to play with friends and meet new people. It helps players work together and have competition. Everyone who likes doing a variety of exercises and likes to have fun could enjoy flag football in more ways than one. Flag football is not only a great sport, but it is also getting exercise in without one knowing it. Flag football requires moving around all the time. It keeps cardio up and keeps one on the move. Running around with a football gets the players? legs moving and other players as well because they chase the football. Flag football keeps ones arms active. Throwing a football or catching it can help the players? muscles in their arms. Most players like using their arms and legs to play which makes flag football a popular sport. With flag football being a well-known sport, most students want to try it out. Other students will most likely end up playing with people they know or can get to know. When playing with friends, players will get more active and try harder. It gets more out of them because they are excited to play. Trying to impress someone with mad throwing skills or speed could increase a player?s performance. Some players may meet new people and get new friends. Flag football is a social yet active sport that helps players get together. With friends, enemies, and other players playing flag football, most players will get along and work together. When not working together, there is even competition. Players need to throw a ball to get it across the field. They have to plan with teammates how to do that. In flag football, there is good, clean competition. To get some one tagged, all the players have to do is pull the flag without hurting the players.