Definition of Value at Risk (VaR) Value at risk is a statistical technique which measures the level of financial risk in a portfolio over a specific time frame. For example‚ if a firm states that it has a 1% one week value at risk of $5 million; this would mean that for any given week‚ the firm would have a 1% chance of losing $5 million. In order words‚ 1 out of every 100 weeks‚ the firm would expect to have a loss of $5 million. This can be viewed as the standard deviation of portfolio value
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Executive summary:- This report is focused on Australian Customs Service’s Cargos Management Re-engineering (CMR) Project. This report is based on Australian audit office about for information age for Australian computer society. Here we are going to discuss about scope‚ time‚ cost and quality management and integration management that has been neglected. For this they create a new integrated system (ICT). This is very crucial for customs‚ and there security as well as transport companies‚ agents
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Unit 201: Manage Own Performance in a business Environment Underpinning knowledge questions 1.1 Explain the systems and procedures and codes of practice relevant to your personal work role: 1.2 Why is it important to plan work and be accountable to others? It is important to plan your work and be accountable to others to enable you and your organisation progress. This helps to determine work objectives‚ It allows you to know what results are possible and what the best path to
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Introduction Normally risk is the chance that a threat will change into a disaster. Vulnerability and threat are not dangerous‚ taken separately. But if they come together they become a risk‚ in other words the probability that a disaster will happen. Nevertheless risks can be reduced or managed. If we are careful about how we treat the environment and if we are aware of our weaknesses and vulnerabilities to existing hazards‚ then we can take measures to make sure that hazards do not turn into
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TEAMWORK OR COLLABORATION TOOLS/TECHNOLOGY There are various collaboration technologies available which enable team members to meet and work‚ both virtually and in real time. Collaboration technologies are often embedded in desktop applications allowing people to easily communicate via email‚ instant messaging‚ web conferencing‚ document management and internet. Organizations must choose the right collaborative technologies that fit their business goals. Organizations will decide on a particular
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COMPILER CONSTRUCTION TOOLS INTRODUCTION: Writing a computer is tedious and time consuming task. There are some specialized tools for helping in implementation of various phases of compilers. These tools are called compiler construction tools. These tools are also called compiler-compiler‚ compiler-generator‚ or translator writing system. TOOLS FOR COMPILER : Lex Flex lexical Analyser Quex Ragel Yacc Antlr LEX: Lex is a computer program that generates lexical analyzers ("scanners"
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numerous of different risks people are faced with throughout their life. In some cases risks are what help define who we are‚ or are simply just obstacles that conquer us or we conquer. In our lives‚ it is important to exercise self-command. However‚ we should not be so concerned with the future that we stifle the present. Some people have found that by taking risks it has left them either dead‚ with nothing at all‚ and others have found it has only brought them great things. A risk that I have taken
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Risk is defined in ISO 31000 as the effect of uncertainty on objectives (whether positive or negative). Risk management can therefore be considered the identification‚ assessment‚ and prioritization of risks followed by coordinated and economical application of resources to minimize‚ monitor‚ and control the probability and/or impact of unfortunate events[1] or to maximize the realization of opportunities. Risks can come from uncertainty in financial markets‚ project failures‚ legal liabilities‚
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more students willing to be taught computing skills than there are teaches to transfer the skills. 2. Lack of computers; Computers are still very expensive and despite spirited efforts by the government agencies‚ NGO‚ corporate organizations and individuals to donate computers to as many schools as possible‚ there still remains a big percentage of the schools unable to purchase computers for use by their pupils. 3. Lack of electricity;Many schools are still not yet connected to electricity; Kenya
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the chapters have been extensively revised in the new edition—to find out more‚ check out “What’s New” in the Information Center. The book is in two parts: (a) the underlying structure of a computer‚ and (b) programming in a high level language and programming methodology. To understand the computer‚ the authors introduce the LC-3 and provide the LC-3 Simulator to give students hands-on access for testing what they learn. To develop their understanding of programming and programming methodology
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