Commercial Management Essay Example | Topics and Well Written Essays - 2500 words

Commercial Management - Essay Example However the first stage of the project brought certain problems in the competition and thus before beginning of the second phase of the project it is important to address these for successful execution of the project. The lessons learned include: 1. Project Management The management of a project requires discrete attention to the managers i.e. the actions at an individual level. Spekman, Theodore, Lynn, & Thomas, (1998) claim that â€Å"little is known about the managerial requirements of the different life cycle stages through which alliances pass† and too little attention is given to the alliance manager as a central figure in determining the success/failure of an alliance†. Similarly, heavy reliance on the firm level analysis and the relationships between the parent companies often leaves out of consideration the actions of the individuals that are embedded in these relationships (Granovetter, 1985). Considering the above argument the project management team establish ed comprised mainly of the senior resources from both the companies however the overall in-charge of the project was from Inter-Optics plc where the Chief Engineer was reporting to the project manager. Since, the project was initiated the initial stages of the project were very slow and there turned out to be a lot of differences when working on site. The project manager was merely involved in the whole process and the decisions and solutions were taken by the on-site engineers in agreement with the local contractor. The overall project management essentials were not practiced and the project was late 7-8 weeks. In such situations it is the responsibility of the project manager to oversee all the activities in the so that everything goes well as planned and if problems may arise as it did in this case, a resolution is immediately implemented. In order to do so the eight essential steps for project management should be adopted for its successful execution these include (Westland, 201 0): i. Team Assembly - In project management the proper assembling of a team is quite crucial as it is a collaboration of different minds working together and they work together to come up with cohesive ideas and mutual strategies that are required for successful execution of the project. Although the teams were formulated for the project however it lacked collaboration and cohesiveness as the selection of the team members was not appropriately planned. ii. Project Initiation – The project initiation phase requires a complete understanding and identification of the project definition, objective and approaches to be used in the project. This project lacked planning and scope as when it was initiated the foreman did not have any direction, there was no understanding of the country and hence problems arose. iii. Project Planning - This phase of the project management is quite crucial and often serves as the backbone of any project. A complete and thorough planning serves as a me ans to prevent the chances of setbacks and problems along the course of the project. The project between Inter-Optics and SOI lacked planning as the project

Environment, Resources, and Competition Report Essay - 1

Environment, Resources, and Competition Report - Essay Example The evolution of species, for instance of Golden Lion Tamarin, has been in such a way that their tails grow up to a certain length that gives them balance while moving through rainforest canopy (Hammond, 2010). Rain forests hold so much importance for life on earth that they are simply indispensable; they contribute almost 28% of the earth’s oxygen (Nishu, n.d.). They are warm and wet, and the majority of them are direct ‘beneficiaries’ of monsoon trough. They are spread across the tropic line, so a huge portion is in Africa and South America while the rest is in Asia. Some rainforests are called temperate forests, which are very few in comparison with the usual rainforests. Some examples of these forests are in North America, Ireland and Scotland. Of all biotic species, 40%-75% are indigenous to rainforests. Mammals, reptiles, birds and invertebrates are huge in their variations and almost innumerable in quantity (taking into account the insects). Chameleon, turt le and snakes are found in great numbers here because of the natural habitat that these forests provide. Rapid bacterial decay thwarts the buildup of humus. Due to the thickness of forests every tree that grows needs to growth taller and thicker than the others to reach the precious sunlight. Animals depend on the environment that rainforests provide. Birds and monkeys in particular that live on tall trees and provide useful nutrition and then the predators come to feed off other species, birds of prey would come to feed on other birds and rodents, while the muddy waters are heaven for reptiles like frogs, snakes, lizards and insects. What is really amazing is that high temperature (within limit and context) doesn’t necessarily mean absence of vegetation. For instance the deserts reach a maximum of 40 degree Celsius which is barren land, almost no vegetation while tropical rainforests are full of lush green leaves, however they too reach a temperature of above 30 degree Celsi us. What I think the reason is that there is a huge temperature difference between its maximum and minimum average temperatures while tropical rainforests don’t have that chasm in temperature difference. Deserts like Savanna and extreme cold climates such as of Tundra, both have very little or no precipitation, and that shows in their vegetation. Temperate grasslands get an average precipitation of 25-75 cm and the vegetation there is quite normal for human survival. Tropical rainforests get the most amount of precipitation 200-400 cm, couple this with the small temperature chasm and there is a huge land mass on earth that gives life to earth, provides oxygen, vegetation, animals, herbs/medicine and provides strongholds of land masses that don’t simply wash away into rivers because the roots of trees holds together the land. From the data, it is obvious that the prey is independent and the predators depend on them. As the prey’s number rises, so does the predato rs’. In fact the line graph of the predators looks like shadowing the prey’s. High numbers of predators invites them to a feeding frenzy and that reduces the number of prey. When there isn’t much food available for the predators, they start to decrease in number too. There is a gradual delay in response of the predator’s to the increase or decrease of the prey’s; there is a consistent buildup of prey and then it shoots up as there aren’