Proj Risk Mgmt Essay Example | Topics and Well Written Essays - 1250 words

Proj Risk Mgmt - Essay Example Strategies to control the risks are identified, plans are established on how to deal with the risk, and the correct action is taken (PMBOK, 2008, pp 309). Risk audits are also carried out to examine the value of the risks responses when dealing with the cause of the risk, and how effective the risk management plan is. When conducting the risk management, trend analysis is used to monitor performance of the project. Technical measurements compare technical accomplishments during a project implementation to the project management schedule. Moreover, the technical performance can be used to compare the results of the management plan with the targets. In order for the risk management plan to be effective, reserve analysis is carried out to compare the amount of reserve that has remained to the total amount of risk remaining. In addition, the amount of time required to tackle a risk depends on the number of risks identified (PMBOK 2008, Pp 310). Project schedule slippage This term means t he delay in the completion of a project from the estimated time scheduled for completion. A project can be delayed due to various reasons such as; lack of proper planning, re-doing of a particular section of work for some time hence taking over the expected time, lack of enough resources for a project to be completed on time, proper planning and willingness to carry out the task. A lot of time is wasted when resources, tools, and equipments run out of stock, thus the employees have to wait for delivery. Indeed, this wasted time is not accounted for. Another factor to consider is the time wastage due to un-inevitable event, for instant, the illness of a coordinator will require waiting until he gets better or hiring a new one who will take time to familiarize with the project. Schedule delay may cause problems to the owners and contractors of that project in that, the additional time added may amount to many unplanned added costs. Therefore, it is important for every project to be ma naged to a schedule (Hullet, 2009, pp, 1). Diagnostic metrics This metric is used to provide information on a system. Diagnostic metrics assess the situation of a system, detect any anomalies, and forecast on future problems based on the latest date. The root cause of a variance is usually determined via the use of metrics. With the cause of each variance identified, it easy to know what measures to take. After dealing with the main variance problem, it is easier to tackle related problems that will arise in the project (Kendrick, 2010, pp 278). However, â€Å"metrics can be used to detect changes, make performance and progress visible, evaluate progress evaluation, and trigger process improvements† (Kendrick, 2009, pp 237). Since incorrect activity duration estimates may push all personnel into work too early or too late, how can a Project Manager motivate their teams by learning more accurate estimating? First, a manager can match a task to an employee depending on his avai lability, such that, he is sure that the task will be completed within the agreed time. This strategy makes it possible for an employee to dedicate his effort on the assignment since the manager relies on him. Secondly, the manager may reallocate assignments to those employees who have fewer assignments. This creates a sense of equality among employees. A manager can also assign critical part of an

Do Revolutions and Armed Conflicts Come or are They Made Essay

Do Revolutions and Armed Conflicts Come or are They Made - Essay Example Consequently, one group arises against the other with a common aim of redeeming itself. Conflicts are caused by different factors such as the struggle to control and access of natural resources such as water source, control of oil fields or a mining site. Harsh economic conditions lead to intra-state revolutions while oppressive political systems are prone to initiate a revolution. Moreover, ethnic diversity is also seen as a cause of armed conflicts since parties to conflicts may be described by their ethnic identities. Goodwin (2001, p. 8) argues revolution occur due to social and economic inequalities with the majority claiming that equality has been denied against them or the minority claiming superiority. Revolutions occur as a group seeks to profit itself, achieve honor or in an attempt to prevent dishonor. In the 1960s there were revolutions in New York by civil rights activists demanding for equal rights for the African -Americans who were opposed to social and economic exclu sion. This paper presents a discussion of various causes of conflicts to support the argument that armed conflicts and revolution are actually made and do not just come. ... 8), the political organization of any state can be categorized into three dimensions. These dimensions include the type of state organization that is, whether the nation is bureaucratic or patrimonial. Political organization also includes the type of political regime adopted in the state; that is whether the system is inclusive/liberal or exclusive/repressive. Moreover, the third political structure dimension is based on the infrastructural power in the country; is it strong or weak. Goodwin (2001, p. 30) argues that a political system which is repressive and infrastructurally weak works to incubate revolution in both a bureaucratic and patrimonial regime. In addition, he observes that revolutions are more likely to succeed against patrimonial regimes than in bureaucratic systems. Goodwin (2001, p. 30) notes that patrimonial states do not facilitate the implementation of initiatives that can successfully oppose a popular revolution. Goodwin (2001, p. 11-12) describes that in bureaucr atic structure appointments to positions are made based on achievement in a particular specialized training while in a patrimonial system; appointments are based on political loyalty, kinship or ethnicity. He observes that in contrast to bureaucratic regimes, patrimonial systems are inefficient. Furthermore, Goodwin (2001, p.50) asserts that patrimonial regimes strengthen revolutionary movement by weakening other counterrevolutionary elites who are viewed as their chief opponents. This supports the argument that revolutions are actually made by the political system. Goodwin lists various patrimonial regimes including; Diaz in Mexico, Ceausescu in Romania and the Shah in Iran. Goodwin (2001, p.123) supports the argument that political system incubate conflicts by presenting