Fundamentals of Project Management and Business Decisions Professor Porfirio Chen Case Study #1: The Benfield Column Repair Project David Luo 29/02/2013 CASE ANALYSIS OF: THE BENFIELD COLUMN REPAIR PROJECT Introduction / Background This case is about an important South African coal‚ chemical and crude-oil Company called “Sasol”. The case is developed around the Benfield Unit of the Gas Circuit as Sasol Three. Sasol is an International integrated energy
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criticizing other measures of performance as designed to measure specific employee task with workload indicators. The balanced scorecard is a performance management tool with four perspectives. These are; financial‚ learning and customer‚ internal business processes and innovation. These dimensions improve service delivery because of increased efficiency and effectiveness. Large local governments are best suited to use the balanced scorecard due to the organizational barriers such as; resistance
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we are inevitably heading for a global environmental catastrophe that will destroy mankind. Constantly scaring society as a means to create awareness for the environment has created doom fatigue’. The threat of doom for humankind is used so often‚ that it has become a cliché that many dismiss simply as a shallow warning. In his book The Sacred Balance‚ David Suzuki has attempted to overcome the doom fatigue’ so his ideas of conservation and environmental management do not become the monotonous
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Sprint Nextel’s social corporate responsibility has been analyzed from an external standpoint. The following report contains relevant information in the areas of Sprint Nextel’s employees and customers‚ community and environment involvement‚ and ethics and governance. Disclosed information composed by external analysts are compiled and summarized. This external information is critical to capture a company’s true image. Sprint Nextel: Corporate Social and Environmental Responsibility External
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1. What is Decision Making? Decision-making is an essential aspect of modern management. It is a primary function of management. A manager’s major job is sound/rational decision-making. He takes hundreds of decisions consciously and subconsciously. Decision-making is the key part of manager’s activities. Decisions are important as they determine both managerial and organizational actions. A decision may be defined as "a course of action which is consciously chosen from among a set of alternatives
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BALANCE OF PAYMENT (BOP) Introduction: Balance of payments (BOP) is a record of economic transitions between the residents of one country and the rest of the world during one year. The balance of payment like all balance sheets must balance. The items‚ which lead to‚ an inflow of foreign earnings are placed on the credit side of the balance sheet‚ whereas the items‚ which give‚ rise to an outflow of foreign currency are placed on the debit side. Definition: “Balance of payment is a systematic
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1.0 Introduction 1.1 Consideration Consideration is also known as element of exchange. To be a contract‚ the transaction must be supported by consideration. According to general rule‚ s. 26 of CA state that an agreement made without consideration is void. We can define consideration as the price paid for benefit received or is an exchange of promises. It means that something with monetary value‚ voluntarily exchanged for an act‚ benefit‚ forbearance‚ interest‚ promise‚ right‚ or goods or services
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Environmental The environment provides life supporting resources and eco systems‚ quality of life conditions and amenities that are valued by people. Society consumes products and services provided by environmental resources and generates wastes that are disposed of in the environment. The values of individuals and groups within society drive decisions that determine the quality of the environment they live in and depend on. On the field trip Noel introduced us to the no dig system‚ which is
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Contents: 1. Introduction 2 2. Social Media and Business 2 3. Types of Social Media and Their Importance for Companies 4 4. Social Media Functionality Blocks and Their Implications for Companies 7 5. Social Media and Information Half-life and Depth 10 6. LinkedIn Poll 12 7. Recruitment and Search for Talent 13 8. Advertising and Brands Enhancement 17 9. Customer Profiling and Customer Service and Realtionship Management 21 10. The Future of Social Media 25 11. Conslusion 28 12. References
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Ageing populations – the Economic and Social Consequences Two hundred years ago Thomas Malthus published his Essay on the Principle of Population‚ in which he predicted a future of gloom and doom for humanity. Population growth‚ he said‚ would outstrip food supply‚ leading to widespread poverty and mass famine. About 30 years ago the Club of Rome‚ an international group of industrialists‚ scientists‚ economists and statesmen‚ echoed his views‚ predicting that food‚ energy and raw materials would
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