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Project Management in the Oil Industry Thesis

… Project Management in the Oil Industry

The oil industry has had to adopt various tools in order to survive intense competition in the international market. Conservative efforts to get more profits and gaining customers by relying on size and strength are no longer applicable and only those companies who have successfully implemented project planning and management have been able to get an edge in this industry. Project management is typically a repetitive cyclical procedure which includes planning, implementing and controlling a series of tasks. Project planning and management consists of various processes which can be broadly placed in two parts. These are (a) Process designing to get the desired result, and (b) preparing a schedules and budget for the process. Process definition involves definition of…. [read more]

Impact of Project Management Strategies on the Acquisition of International Contracts Research Proposal

… ¶ … Project management Strategies on the acquisition of International contracts

International Contracts

Tools and data analysis

The research proposal is prepared to express interest in investigating the relationship between project management strategies and acquisition of international contracts. The specific strategies adopted for managing a project are particularly important in providing detailed contract requirements, contract strategies and international contract management. The terms and conditions defined in the project are included through a negotiated process. There is always room for including and excluding certain conditions according to the adopted strategy of project management. The international contracts are also awarded on the basis of thorough adoptability of project management principles. The international contracts acquisition is also facilitated through demonstration of resources inducing human resources, operating procedures, and…. [read more]

Project Leader Personal Learning Contract Essay

… Terrion's (2006) research looked at a management leadership program for administrators at the University of Ottawa in Ottawa, Canada. The study's objectives were to evaluate the program's impact for the participants related to learning, behavioural change, and achievement of core competencies. Through semi-structured in-depth interviews the findings suggest that "informal learning strategies are the primary means by which University directors develop core competencies" (Terrion, 2006, p. 183). The strategies that were built into the program were "informal learning through greater self-awareness, the establishment and maintenance of social networks, or social capital, for discussion and problem solving by senior managers and for the development and reinforcement of skills" (Terrion, 2006, p. 183). These are informal learning strategies that are examples posited by Watkins and Marsick (1992)…. [read more]

Supply Chain Management Purchasing Research Paper

… There are many considerations besides price that should be considered when selecting suppliers. For instance, if a supply is cheap, but when the product arrives is not found to be of acceptable quality to be useful, this is not only wasted money, but wasted time as well. The supplier then is in the position of having to find a substitute product and is under a tighter time schedule than if the first supplier had been the right supplier. Product will have to be rejected and shipped back, often causing additional cost and delay. Quality is a major consideration in the selection of a supplier.

How the supplier operates internally and their ability to deliver the right product at the right time is also an important…. [read more]

Project Management Term Paper

… According to its corporate profile, Keppel Offshore & Marine, integrating the experience and expertise of Keppel FELS, Keppel Shipyard, Keppel Singmarine and Keppel yards overseas, was established in 2002 (About Us 2004). Keppel Shipyard Benoi is a wholly-owned subsidiary of Keppel Corporation, one of the largest offshore and marine groups in the world. The company enjoys a strategic network of 16 yards serving regions including Asia Pacific, Gulf of Mexico, Brazil, Caspian Sea, Middle East and the North Sea (About Us 2004). The Keppel Shipyard (Benoi) specifications are set forth in the table below.

Yard Size

350,000 sq m


1,163 m


No. 1 drydock

300,000 dwt

350m x 60m

No. 2 drydock

170,000 dwt

300m x 60m

Mooring Quay

No. 1 quay

Length…. [read more]

Supply Chain Management Hypothesis Thesis

… It requires the total dedication from organization within which it SCM implementation is being planned. SCM "expands the scope of the organization being managed beyond the enterprise level to include interorganizational relationships." (Strader et al., 1999)

Supply chain depends heavily on the relationships that organizations can develop and sustain through personal interactions and using the latest technology. Earlier studies in SCM focused on identifying the supply chain network (SCN) developed by organizations. Later, studies focused on supply chain demands, supply chain operation and information sharing. In the present organizational environment, competitive advantages are not just single company or organization-based. Rather, they are supply chain based. (Muralidharan et al., 2002)

There are many independent models within the SCM methodology. Each of these deserve discussion. Some of…. [read more]

Configuration Management Design Methodology Research Paper

… Simple configuration control

Use of simple configuration control measures and accounting is a significant feature. Accurate accounting ascertains that the resources offered for diverse activities are adequate for implementation of the activities. Any mistake of accounting can obstruct the success of the project (Estublier 146-49).

Minimum requirement for labor

The employment requirements require an evaluation so that the smallest number of workforce undertakes a particular project. Uncalled for employment increases the costs incurred in the firm.

Precise and absolute descriptions of changes in question

Any changes made in the management or configuration processes require reorganization in a cordial manner. It is the responsibility of the managers to conduct appropriate documentation, which describes various adjustments. Communication that concerns changes to the product developers assist in completion…. [read more]

Productive Knowledge Management Term Paper

… Knowledge Management


Knowledge Management in Business

A manager is compared to the captain of a ship who must make effective decisions, directed at accomplishing organizational goals. In order to be effective, the decisions must be actionable. Most of these come from a store of knowledge on the past decisions of previous managers and the consequences of those decisions (Pollock 2001). For knowledge to be of use to the manager's decision-making, it must be gathered from authoritative sources, processed and must make sense. Hence, it should be distinguished from raw or mere data and mere information. It must be organized and directed to the achievement of organizational goals. Managing that store of knowledge must serve the organization from within and those outside, such…. [read more]

Managing Organizational Culture Dissertation

… ¶ … opportunity exists for the company to expand internationally by setting up operations in the emerging economies of China and India. The question to consider is how to build cultural harmony between the facilities operating in three different countries. The question of whether it would be better to establish a certain national organizational culture is likely would be considered in this report. cultures of the United Kingdom, India and China is presented. The organizational cultures prevalent in China and India are more collectivistic and marked by high power distance than the organizational cultures in the United Kingdom. There are other differences such as the importance of status in China and family tradition in India, whereas in the United Kingdom principles of utility and economic…. [read more]

Management of Technology in Developing Peer Reviewed Journal

… Even after a country has taken steps to overcome these impediments, it may still find itself unable to effectively implement its industrial development policies or enjoy the benefits of globalization. This may be due to a group of impediments collectively referred to as "exogenous variables" in Table 1.1. These are "external" factors over which the country has no direct and effective control (Chua, 2010). The sources of exogenous variables are many and varied. As I have discussed, for weak states they may be associated with internal discord and the inability of the government to hold the country together let alone implement industrial development policies. They may be caused by acts of God, as often happens with small island and coastal states that periodically suffer from…. [read more]

Managing Project Teams Essay

… ¶ … consonance with the learning outcomes and sub-outcomes stated in the syllabus in terms of working with others, teamwork, groups and group dynamics. Also, the essay will describe the nature of groups and group behavior within organizations and investigate the factors that lead to effective teamwork and the influences that threaten success. In the essay, we will also identify the most appropriate organizational structure, roles and responsibilities of participants in a project and plan and specify the human resources and requirements for that project.

First, we need to define a project is and the requisite stages necessary to make it happen and to be a success. A clear and an accurate definition of a project is important to a project's success. Certainly, any project…. [read more]

Employee Motivation in a Pcba Contract Manufacturing Dissertation

… Employee motivation in a PCBA contract manufacturing industry -- an example of Plexus

Today many organizations are going through change due to globalization and ever changing technology. Organizations have to cope with these changes by broadening their networks, introducing new systems at work place, hiring new staff or other many such type of changes. These changes influence workplace atmospheres as well as existing employees and they feel it difficult to cope with the changes. Current paper is a case study of Plexus Company a part of the PCB contract company. Plexus organization went through change as its widened its network and as a result workplace atmosphere was affected. The researcher explored the change affect in the company at operational level by exploring the factors of…. [read more]

Management Strategy Identify Four Factors Term Paper

… This growth strategy is adopted by those organizations that have potential to grow their businesses beyond their domestic geographical boundaries. Already diversified organizations choose international expansion in a view to gain a competitive advantage against their industry rivals by offering their products in new target countries. Keeping in view the increased demand for their products in domestic and international market, these organizations increase their production capacity by installing more plants and machineries. In this way, they are able to achieve economies of scale and scope which ultimately benefits their financial performance in the home country (Hitt, Ireland, & Hoskisson, 2013).

Already diversified organizations also choose to broaden their diversification base using retrenchment strategy for their least profitable units or business lines. However, this strategy is…. [read more]

Human Resources Management Practices Essay

… " (Mayfield, Mayfield and Lunce, 2003) HRIS further provides the necessary support for the introduction of 'systems thinking' in the organization. According to Weick (1979) and Wilkerson & Paul (1985) systems theory "also draws the boundaries for any given system along with definitional criteria that are especially important for preliminary research. In addition, researchers rely on systems theory to develop hypotheses about which units are required for a properly functioning system, how those units should interact, their strength of influence on overall system effectiveness and how to optimize unit interactions towards realization of strategic objectives." (Mayfield, Mayfield, and Lunch, 2003)

II. Analysis of the Issues

The work of Kontakos (2003) entitled "Global HR Information Systems" reports that HR Information Systems make the provision of the…. [read more]

Innovation Management at Ford Motors Company Today Thesis

… ¶ … Innovation Management at Ford Motors Company

Today's business community is characterized by numerous novel features, such as an increased focus on customer satisfaction in detriment of production (proof being the incremental emphasis on services rather than manufacturing) or employee on-the-job satisfaction and the creation of a pleasant and challenging working environment in the detriment of a stressful and competitive workplace. Without denying the importance of these modifications, one has to note that the most important change in the contemporaneous society -- in all of its aspects, not just business -- has been that of the role played by technological developments. We meet with these modifications on daily basis and they generally improve the quality of our lives by simplifying and reducing our workload…. [read more]

Communication Plan for a Vendor Research Paper

… They must understand why the transformation is required and their roles in achieving the transformation. This can be achieved by cultivating a climate of collaboration and participatory decision making as recommended by change management theory.
Leadership theory also has important implications for procurement management practices at the organisation. More specifically, a project leadership style characterised by team involvement and empowerment has the potential to minimise resistance to change. As mentioned earlier, the organisation is in the process of transforming its procurement processes in an effort to improve procurement efficiency. Though the initiative has gone quite well so far, the possibility of resistance cannot be ignored altogether. To avoid or minimise possible resistance, the procurement manager and other project management leaders in the organisation must forge…. [read more]

Managing All Stakeholders Term Paper

… "The absorption of one company by another," Black's adds, "[with] the former losing its legal identity, and latter retaining its own name and identity and acquiring assets, liabilities, franchises, and powers of former, and absorbed company ceasing to exist as separate business entity" (p. 988).

In other cases, mergers and takeovers have appeared to be the result of opportunists looking for the quick profit; however, the consolidation of the highly complementary assets and resources of both of these giants will create some clear advantages for everyone concerned. Nevertheless, just as bigger may not mean better, merger may not mean advantage. In his chapter, "Technology Strategy: Collaborative Mode, V.K. Narayanan says that from a strategic viewpoint, collaborative mode is undertaken by firms when the economics of…. [read more]

Earned Value Term Paper

… ¶ … earned value management affect profitability?

Earned value management (EVM) method is one of the most effective management techniques to emerge in the arena of management during the 20th century. While the technique originated in the late 1960s, its early use was exclusively in large defense programs. Today, though, project managers have discovered that it can be usefully employed in small projects as well as large ones, and its popularity on projects of all sizes is growing rapidly.

How Can Earned Value Management Improve Profitability?

Management reports, scheduling data, performance management information and much more inundates some project managers in ways that make sorting this flood of information out akin to drinking from a fire hose. Fortunately, some useful management techniques have emerged in…. [read more]

Challenges of Enterprise Resource Planning ERP Implementation Dissertation

… ERP Systems


The contributions of Enterprise Resource Planning (ERP) systems continue to be problematic for many organizations globally. Continually challenged across industries to get the greatest potential value from their significant investment in ERP systems, many organizations continually add on incremental applications and processes. This continual addition of modules, or as they are often called, ERP extensions, only serves to create a far greater level of system, prices and integration complexity. Ironically organizations choose to expand their use of ERP systems to reduce process, system and integration complexity, yet ironically the opposite often occurs. The role of ERP system as central catalyst and coordination point of information throughout an organization is going through a fundamental change today. No longer siloed…. [read more]

International Business 5 Pertinent Topics Term Paper

… Description

This article clarifies the differences between China and the West, using Hofstede's four cultural dimensions and Bond's fifth dimension. Hofstede explained that culturally-based values systems were made up of four dimensions: power distance, individualism/collectivism, masculinity/femininity, and uncertainty avoidance. Bond added a fifth "Eastern" dimension called long-term/short-term orientation. By these measurements, Western countries seem to be generally lower than China in power distance.

In terms of individualism, Western countries are generally much higher than China. Western countries also have a much shorter-term orientation vs. China's longer-term orientation. China and the U.S. appear to differ greatly in nearly all the aspects examined here. It is clear to see that these cultural differences have already had, and will continue to have, a great impact on Sino-American business…. [read more]

International Energy Law Essay

… State authorities sat in front of formal and proper arbitral tribunals and were assisted by foreign counsel, the result of which were important, fair, and legally balanced cases (Kosheri, n.d.).

The International Energy Sector Landscape: In the 1980s

During this decade, the International Chamber of Commerce (ICC) arbitrators of the International Center for Settlement of Investment Disputes (ICSID) panels rendered rulings that exhibited the maturation in the field of arbitration (Sabater, 2011). AGIP v. Congo, Case No. ARB/77/1 occurred during this period, as did the Aminoil Tribunal of 1982, which was characterized by its elaborated and detailed reasoning (Sabater, 2011). A number of petroleum claims were submitted from 1983 through 1987 that were brought before the Iran / USA arbitration Tribunal (Sabater, 2011). In the…. [read more]

Alignment of Organizational Components, Mission and Strategy at Kraft Foods Case Study

… However, there are also some limits and constraints, the culture may be enhanced with the use of more strategies to support risk tasking through the recognition of innovation and symbolic and real rewards provided. Internal focus in the existing intellectual capital, and increased use of suggestions schemes, tools such as innovations workshops, using employees from different areas within the divisions, and the use of scenario planning based on future customer forecasts, may all add value to the existing processes.



Kraft has faced challenges in the past, with a lack of real innovation and focus. The current divisional structure is helping to overcome these challenges, increasing the focus that is paid to the individual brands. Empowering divisional managers to make decisions may also help…. [read more]

Alcan's Continued Revenue Growth Capstone Project

… It is inferred in the case analysis that the level of reporting has continually been late or is not occurring at all as more countries become attuned to the need for sustainability and the impact of industries on their natural environments, Alcan will be forced to be more sensitive to these requirements of doing business. During the timeframe of the case analysis, the company is performing to a level that satisfied the nations they are operating in. In the future this will have to increase in terms of CSR initiatives and effort.

Technical Challenges

There are a myriad of technical challenges that Alcan is dealing with due to their lack of clear and consistent governance in the areas of IT management and governance. Foremost among…. [read more]

Operations Management Strategy of Lenovo Essay

… Operations Management Strategy of Lenovo

Many observers have suggested that the 21st century will be the "Century of Asia," with China leading the way. The recent economic performance of China appears to be fulfilling this observation, with companies such as Lenovo being among the major success stories. Having been transformed from a minor player as Legend Group. Ltd., Lenovo has emerged as a frontrunner in the computer manufacturing industry in recent years, fueled in large part by their acquisition of IBM's personal computer division in 2004. Other factors driving the company's growth have included the Chinese government's emphasis on developing markets for Chinese-branded products domestically as well as abroad, as well as the same forces that are driving globalization. This paper provides a review of…. [read more]

Global HR Management Term Paper

… Global HR Management

Human resource management is a universal practice that is based on processes, strategies, and policies. Traditionally, it was known as personnel management. The development and management human resources in the global environment have proven to be a core challenge for multinational corporations. This study focuses on how the growth in international business affects human resource management with respect to challenges in the global markets. The study further addresses the effects of diversity in cultures, socioeconomic factors, or political practices on the management of human resources. Strategies of addressing global challenges facing international human resource managers are also provided.

How growth in international business affected human resource management

HRM practices may vary from one country to another because of contrasting laws, cultures, and…. [read more]

Mcdonalds ACCT Management Accounting Essay

… The franchise model of operations rather than a company-owned restaurant model is far less capital intensive on one hand, and provides a very low-cost and steady revenue stream of substantial size on the other hands, both of which contribute to a strong inflow of capital that provides the company with abundant leeway in making capital decisions (McDonald's, 2008; McDonald's, 2011). The strong investment opportunity that the company has been and remains in the yes of most analysts and investors also provides significant capital availability, should it be seen as required for some reason (Hoovers, 2012).

Capital Acquisition and Structure

Selling increased equity in the company as a means of raising capital (and eroding existing shareholder value) is not really something the company engages in or…. [read more]

Financial Analysis of International Airlines Group Thesis

… Financial Analysis of International Airlines Group


Contact Details

Confidentiality Restrictions

Today, the aviation industry is faced with skyrocketing energy costs, the lingering aftereffects of the Great Recession of 2008 and the looming threat of ongoing terrorist activities in many regions of the world. In this environment, identifying opportunities for air carriers to achieve a competitive advantage through improved administrative and operational practices represents a timely and valuable enterprise. Therefore, the purpose of this study was to provide a review of the relevant peer-reviewed, scholarly and industry literature concerning these issues and to calculate and benchmark relevant financial analyses of International Airlines Group (IAG) compared to three of its competitors, Turkish Airlines, Finnair and Jet Airways. This analysis was used to provide a summary of…. [read more]

SAP's Internet Marketing Strategy Term Paper

… SAP's Internet Marketing Strategy

Evaluating SAP's Internet Marketing Strategy

SAP's ability to execute on and compete using their Internet-based market strategy as part of their global approach to defining integrating marketing strategies, defining go-to-market architectures that support core messaging and the definition of key target markets. SAP is very unique in their approach to defining entire architectures to support the multi-market focused based approach to planning, implementing and measuring the effectiveness of multi-channel campaigns over the Internet. The intent of this paper is to review SAP's use of go-to-market architectures to support their use of Internet marketing strategies, taking into account the facts of customer target segments, their acquisition strategies, and customer retention strategies. In addition, the use of these architectures includes customer service strategies,…. [read more]

Internet and Global Finance Research Paper

… From the statistics presented by the Internet World Stats, 2.4 billion people around the world were using internet in 2012, which represented 34.3% of the world population. Between 2000 and 2012, there was a tremendous growth of 566.4% of internet users. Despite the growth in the internet users globally, the internet penetration rates varies across the globe. The North American region recorded the 78.6% in the internet penetration rates followed by Australia 67.6% and Europe 63.2%. The overall world internet usage is presented in Table 2 and Fig 1.

Table 2: World Internet Usage Statistics


June 30, 2012

World Regions


( 2012 Estimation )

Internet Users

Dec. 31, 2000

Internet Users

Latest Data

Internet Penetration Rate



Users %

of…. [read more]

Strategic Management KFC Holdings (Malaysia) Case Study

… Operations a third enable products and services to be provided to the consumers and hence it is a value creating activity that involves activities such as maintaining stock level and operating the businesses in accordance with the operating hours.

Outbound logistics a third stage in the value chain is main concerned with the delivery of products to clients, KFCH could add value by making home delivery of meals, bakery products and feed mills it can further gain competitive advantage by offering parking facilities for its restaurant clients.

Sales and marketing- KFCH can use radio, TV networks and local newspaper to reach its consumer and hence will be able to reach its consumers promptly. These activities can also act as value destroying as will be keen…. [read more]

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