Thursday, February 20, 2020
Social DQ 2 Essay Example | Topics and Well Written Essays - 500 words - 1
Social DQ 2 - Essay Example People who are dealing with drug addictions can become irritable at work, and could even make mad decisions at work if they were acting under the influence. This is not productive under any working conditions, and cause an almost unthinkable number of problems at your work place. A person bringing illegal drugs to the work place could bring unwanted legal action against your business, and everything economically would just snowball from there, and ultimately cause even more problems than one could originally expect. If an employer is thinking a person may be taking drugs, the easiest and safest way to be sure is to simply confront the person about it. Sneaking around and trying to find out isnââ¬â¢t going to help the problem, you need to be up front and direct. If that doesnââ¬â¢t work, that you can ask them to submit to a drug test, but only if you are certain they are under the influence and are using drugs. Drug abuse also does not just affect the person taking the drugs, it tends to have a ripple effect that can spread beyond a personââ¬â¢s work or family life. Everyone person a drug user is it contact with can be affected by them using drugs, and it can cause of nasty chain of events that nobody wants to see happen. Drugs can change who a person is, and can make them interact harshly towards people. People can loose friends, relationships, or even loved ones or family members if they are abusing drugs and not taking care of themselves as they should be. Drugs can come between people, and they tend not to improve any situation as much as people sometimes claim they might. Drugs can ruin a personââ¬â¢s life from top to bottom. Not only can drug abuse cost a person their job, and possibly time in jail, it can also cost them all their friends and family that surround them. Drugs could in the end take away everything that means anything to you in life, and therefore are not something that should be
Tuesday, February 4, 2020
EVM and Project Procurement Research Paper Example | Topics and Well Written Essays - 750 words
EVM and Project Procurement - Research Paper Example This management system provides trends of cost, value and risk. EVM uses a uniform unit of measure of project performance which may either be dollars or work hours but for different tasks it may require different measure of performance. Functional Difference Procurement is often required in every project; therefore procurement management is a crucial step in the execution of a project plan. Procurement means the use of external vendors and service providers for a particular facility. Procurement management itself involves extensive planning. Procurement process can be broken down into various steps which are widely used in the following order: Planning and requirement, requisition, vendor selection, contract administration, delivery and contract closure. Procurement process starts with the analysis of the goods and services required for the execution of a project. The management has to take a make or buy decision which ultimately decides whether there is a need for outsourcing or not . This is done through cost benefit analysis. For example leasing a piece of equipment costs $800/day and making it costs $12000; in this case the use of that equipment in terms of time would allow the management to compare the two costs and ultimately allow them to take an informed decision. Difference in Cost Variance and Measurement In order for the successful completion of a project the management needs to answer certain questions repeatedly. These questions are mostly related to cost variance, risks, over or under expenditure, schedule and project performance in terms of value, cost and schedule. In a research study has proven the link between project success and earned value management. The study treats the principles of EVM and project procurement as two different variables. The third variable is the project success itself. The results of their study and surveys supported their hypothesis with exception which is ââ¬Å"There will be no significant difference between fixed-pri ce and cost-plus contracts on the use of EVMââ¬â¢s performance metrics during contract administrationâ⬠(Marshall, 2007). Fixed-price contracts and cost plus contracts are two prevalent contract types which are undertaken during the contract administration step of procurement management. So the study has proven that contract type does not significantly affect the performance metrics of EVM. Earned value minus actual cost gives the cost variance and earned value minus planned value gives the schedule variance in earned value management. These variances are dependent upon the accuracy of estimates, time required for the project and life-cycle phase. All of these factors may fall under the category of procurement process so procurement management may affect the performance metrics of earned value management. Procurement involves market knowledge on the basis of which estimates are driven. So if for example the management provides unreliable estimates then it would greatly affec t the EVM measures such as planned costs. Secondly the length of the procurement project and total approved budget effect the capacity of EVM to accurately predict the trends of cost and
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