Risk Management Paper Essay Example for Free

Risk Management Paper Essay 1. Individual Risks: Stress, No Family Time, Loss of Control. 2. Business Risks: Instability, Ineffective Management, Financial Loss. 3. Focused Risks: Unknown Markets, Aggressive Competitors, Unfamiliar Terrain. Business development brings weights to a framework that might not have had room schedule-wise/experience to get intended up for expanded generation or administrations. New timings of payables/receivables may make monetary strain. Clients may feel underserved. Workers may be uneasy about all the progressions. Developing is the following enormous test for an entrepreneur its energizing and new. That part is well known. Pushing your current item into new markets, or new items into existing markets will be new and may have unanticipated results. Additionally as you push up against greater contenders, dont be amazed in the event that they battle back! Ponder outsourcing, acquiring makeshift official insightful in development, preparing your staff in new innovation/approach or beginning another organization with new value, as opposed to existing cash flow. Quantitative Risk Analysis is the methodology for numerically breaking down the impact on general venture objectivities of distinguished dangers (comp. Pmbok3, p. 237). On the base of the after-effects of the Qualitative Risk Analysis the Quantitative Risk Analysis is performed on dangers that have been prioritized and analysis’s the impacts of those dangers occasions and assigns a numerical rating to those dangers. As opposed to evaluating the single effects by utilizing a crude typology as a part of the procedure of Quantitative Risk Analysis the effects to the entire undertaking will be made processable and will be processed for creating a more expounded aggregate positioning. Information social event and representation methods like Talking with and registering the likelihood appropriations on the base of master judgment Quantitative risk analysis and displaying systems like:- Affectability investigation which comes about for instance may be spoken to by the tornado graph Expected monetary esteem dissection (EVM) which is a factual idea that ascertains the normal result when the future incorporates situations that could possibly happen. Opportunities are certain qualities,  dangers as negative. Choice tree dissection is typically organized utilizing a choice tree graph that portrays a situation under contemplations, and the ramifications of every accessible decisions and conceivable situations Risk management plan To manage risk, follow the following steps:- Make Risk Management Part of Your Project Recognize Risks Early in Your Project Convey About Risks Consider Both Threats and Opportunities Clear up Ownership Issues Prioritize Risks Break down Risks Register Project Risks Risk response plan Actualizing a danger reaction is the movement that really increases the value of your task. You keep a risk happening or minimize negative impacts. Execution is key here. Alternate standards have helped you to guide, prioritize and comprehend dangers. This will help you to make a sound danger reaction arrange that concentrates on the enormous wins. On the off chance that you manage dangers you fundamentally have three alternatives, hazard shirking, danger minimisation and danger acknowledgement. Maintaining a strategic distance from dangers implies you compose your undertaking in such a path, to the point that you dont experience a danger any longer. This could mean changing supplier or receiving an alternate engineering or, in the event that you manage a deadly hazard, ending a task. Using more cash on a bound undertaking is a terrible speculation. The greatest classification of responses is the ones to minimize dangers. You can attempt to keep a danger happening by affecting the reasons or diminishing the negative impacts that could come about. In the event that you have done tenet 7 appropriately (chance investigation) you will have a lot of chances to impact it. A last reaction is to acknowledge a danger. This is a decent decision if the consequences for the undertaking are negligible or the conceivable outcomes to impact it end up being extremely troublesome, time  intensive or generally costly. Simply verify that it is a cognizant decision to acknowledge a certain danger. Reactions for danger opportunities are the converse of the ones for dangers. They will concentrate on looking for dangers, boosting them or disregarding them (if opportunities turn out to be excessively little). Scheduling The planning technique comprised of four (4) stages. The initial three (3) stages are performed under the supervision of the undertaking group and the fourth stage is performed by the site designer to detail the work prerequisites of exercises. The principal stage begins by welcoming topic masters speaking to distinctive exchanges, for example, structural lives up to expectations, electrical, mechanical, and so on. The masters precisely surveyed the errands identified with their zone of mastery and separate them into exercises and sub exercises that might be effectively overseen. They additionally recognize the required assets, and focus the obliged length of time for every movement focused around standard benefit record, and outline the conditions of those exercises. When the work of the Smes is finished, they meet with the scheduler and assessing and arranging chiefs to draw up the starting calendar, expecting boundless assets. At the second stage, the undertaking group surveys the draft plan and chooses either to acknowledge it, or if the calendar is not agreeable, they may add more assets to decrease the length of time of the task. The third stage will begin if the group is still not fulfilled by the result of the second stage. This may include changing the development routines and/or slamming some discriminating exercises that oblige very talented/exceedingly paid work. Once the last timetable is created, it is given to the site specialist or foreman who will set up the fourth stage plan that exhibits a fleeting itemized action plan that is utilized by laborers to perform their allocated errands. To handle those four stages, they utilizes PRIMAVERA or MS Projects programming, the last programming is utilized when there is a need to interface with different projects. These projects are composed after the principals of the Critical Path Method (CPM). This method is a powerful approach that helps utilize it s assets proficiently and utilize its labour in the best way. Controlling It takes after a decently sorted out framework for controlling their ventures with respect to the two paramount variables, to be specific, time and expense. The control procedure was separated into two sub processes: 1) the observing methodology and 2) the redesigning procedure. Both these methods are legislated by various parameters, as depicted beneath. Checking The primary methodology of controlling undertaking development is checking. This procedure is directed to distinguish any deviations from the first arrange. The site specialist gives a day by day status write about site exercises. This report screens the acquisition prepare alongside the particular development movement. The obtainment observing procedure includes production of material orders, submitting of procurement requests, and conveyance of materials to the worksite. This methodology was emulated as an intends to encourage fractional advancement instalment all through the development process. Amid the real development transform, the Earned Value Analysis methodology is executed with a specific end goal to assess the general status of the venture as far as time and plan. Risk Reassessment The statement reassessment is something that you wouldve heard regularly in genuine living. The significance of Risk Reassessment is in the same lines as the exacting importance/reason for the statement and concentrates on Risks particularly. There are three parts of Risk Reassessment that you must recollect for the RMP Exam. They are: 1. Recognizing New Risks 2. Shutting Risks that are no more relevant 3. Keeping tab on existing dangers to evaluate if any further activity is needed Risk Audits Risk Audits is an alternate apparatus and strategy that we use amid the screen and control dangers process. It is additionally piece of the general procedure change of the undertaking. Risk Audits are concerned with: †¢ Measuring the adequacy of the danger reactions †¢ Measuring the adequacy of the danger administration forms in the task When we perform Risk Audits, we analyze the danger reactions (that were actualized) to figure out whether they were powerful in taking care of the dangers and their underlying drivers. The yield of this review is constantly recorded. Thus, we can additionally review and gage the viability of the danger administration forms in the task all in all as well. The thought behind these sorts of exercises is to be more proactive than be touchy. We are always attempting to refine and enhance our procedures and effectiveness and this danger review can enormously help the danger administration polishes in the venture as well as the entire association too (If we legitimately catch the consequences of our reviews and make lessons learned documents). References:- NASA (2001). NASA NPR 9501.2D. May 23, 2001. Electronic Industries Alliance Standard Systems Engineering Capability Model EIA-731.1 Hagan, Gregory T., Effective Work Breakdown Structures, pp7-8 Barkley, B. T. (2006). Integrated Project Management (1st Ed.). McGraw-Hill Professional.

Lies My Teacher Told Me by James W. Loewen Essay -- Papers History Com

Lies My Teacher Told Me by James W. Loewen High school history textbooks are seen, by students, as presenting the last word on American History. Rarely, if ever, do they question what their text tells them about our collective past. According to James W. Loewen's Lies My Teacher Told Me, they should be. Loewen has spent considerable time and effort reviewing history texts that were written for high school students. In Lies, he has reviewed twenty texts and has compared them to the actual history. Sadly, not one text measures up to the author's expectation of teaching students to think. What is worse, though, is that students come away from their classes without "having developed the ability to think coherently about social life"(Lies p.4). Loewen blames this on the way that today's texts are written. This paper will compare one text, The American Pageant, to Lies. One of the biggest problems with today's texts is the process of heroification. This process turns real people, from our past, into "pious, perfect creatures without conflicts, pain, creditability, or human interest"(Lies p.9). Several examples, including the lions from our history, in Pageant include Christopher Columbus, Thomas Jefferson, Abraham Lincoln, and Woodrow Wilson. Others are defamed, like Stephen A. Douglas, and John Brown. In Pageant Christopher Columbus is one of the first people named as relevant to our history. He is built up as a hero, with words such as "a man of vision, energy, resourcefulness, and courage" used to describe him (Pageant p.4). We are told that he knows the world is round, but that nobody will believe him. Finally he convinces Spain's monarchs to fund him, and is given "three tiny but seaworthy ships manned... ...ils to explain why this song was so popular. In this case not giving all of the facts about a historical figure is to that person's detriment. The lengths that many textbook writers go to keep our history on a positive note, and to make heroes out of many of our historical figures comes at a high cost, according to Loewen. These costs include incorrect history, and boring history. The end results are students who hate history class, and who come out of those classes not equipped to think about our past in a rational or coherent way. Bibliography: Works Cited Thomas A. Bailey and David M. Kennedy. The American Pageant, A History of the Republic. Eighth edition. D.C. Heath and Company: Lexington, Massachusetts, 1987. James W. Loewen. Lies My Teacher Told Me, Everything Your American History Teacher Got Wrong. The New Press: New York, 1995.

2.1 Describe with Examples the Kinds of Influences That Affect Children and Young People’s Development Including : Background, Health, Environment

Describe with examples the kinds of influences that affect children and young people’s development. Background; There are many factors that can influence a child and young person’s development, particularly in relation to their background. The formative years can be termed as crucial in regards to development and any major setback can create many problems for the future. Parents that are going through a marriage breakdown, divorce and separation can be stressful for all involved particularly the children/young person. They can become emotionally withdrawn and suffer a lack of confidence which can create low self esteem. Due to family upheaval, they may lose focus in their own abilities and suffer mentally. Similarly, children from single parent families may suffer from a lack of a male/female role model which can cause social stigma. Dual parents and lone parents may have to work long hours, leaving little room for direct social, emotional and intellectual support. Becoming part of a new step-family through a parent meeting a new partner can cause friction between children from each side. This could lead the child/young person to become socially and emotionally withdrawn which could increase the risk of bullying by peers. Having numerous siblings can have an impact on children causing additional needs to be met. Children may feel frustrated with lack of attention within the home and also may be required to assist with siblings needs which could cause social and emotional problems. Additionally, becoming a brother/sister to a new sibling for the first time can be stressful and having to adapt to not being an only child can be difficult at first and can create an emotional strain on the child. Being part of a social care system through neglect, physical/emotional abuse and loss of parent can prove difficult for children and although this can largely be a positive experience for many, it can also lead to problems within all areas of development particularly in relation to social and emotional areas. Child and Young Person Development TDA 2. 1/2. 1 Background continued†¦; Having a sick parent/carer can be extremely challenging for children, their social and emotional wellbeing can be affected with having to endure possible social stigma and suffer emotionally if not supported in the correct manner. Time off from school may cause intellectual issues and additional help may be required. Family bereavement can be extremely traumatic for children even when a child/young person has been prepared. This can create emotional strain and unexpected outbursts of emotion should be expected. Socially, children may feel different from their peers who haven’t experienced bereavement. They may suffer intellectually due to missing school days and also concentration and behaviour may be affected when they are in school. Moving house and/or area can be difficult for children as they have to adjust to a whole new social situation with changing schools and adapting to new routines. Children may become socially introverted and display high levels of emotion. Cultural differences can affect a child/young person through English being spoken as a second language which can cause a lack of confidence at school and additional intellectual support being required. Child and Young Person Development /TDA 2. 1/2. 1 Describe with examples the kinds of influences that affect children and young people’s development. Health; There can be many health aspects that affect a child/young person’s development. Children become extremely resilient and are often able to manage their conditions very well; however, certain aspects of their development can prove challenging throughout periods of ill health. Children may suffer from conditions such as asthma, which if not well controlled, can cause children to have extended periods of time off from school. This in turn leads to intellectual development being compromised as well as social development due to relationships not being maintained. Disability in children, whether it be physical or intellectual can be particularly difficult. A child that has a hearing impairment may suffer physically through loss of balance or socially through having to communicate in alternative ways such as sign language/makaton. A physical disability such as Cerebral Palsy can be physically challenging due to being restricted in taking part in certain activities. This can affect social situations due to these restrictions and can affect a child/young person emotionally questioning why they are different causing low self-esteem. Being diagnosed with a serious illness such as cancer as a child/young person can also prove to lead to developmental issues. All areas of development can be compromised, intellectually, through missing school and being too ill to complete set work. They may suffer physically depending on the specific illness causing them to be weak and/or in too much pain and discomfort to complete physical activities. Socially they may be too ill to interact with others and/or maintain friendships. They may also become emotionally withdrawn and find it difficult to cope with their emotions. Child and Young Person Development /TDA 2. 1/2. 1 Health continued†¦. ; Allergies affect many children, particularly food allergies; this in turn can lead to social problems as they may become excluded from certain situations where their allergies are not known. In contrast they may feel a certain social stigma as their allergies are highlighted, for example; when eating lunch at school, they may be required to wear a special badge which shows their allergies, causing them to feel different from their peers. They have to be more physically aware of their condition and how this can cause changes in their body and manage this accordingly. /TDA 2. 1/2. 1 Describe with examples the kinds of influences that affect children and young people’s development. Environment; Environmental factors can play a huge part in affecting a child/young person’s development. These can vary from cultural factors to living conditions. Children/young people from less advantaged backgrounds who live in poverty can have their development seriously compromised. They are less likely to have educational support from parents/carers which in turn creates intellectual problems for the child/young person. This is further influenced by having a lack of learning resources available such as access to computers and books. They may become disillusioned with education from an early age which sets them on a path of social and emotional turmoil. Also, they may suffer socially by not being able to participate in certain paid activities offered through school and outside school which means they interact less in physical activities. They may also feel that they cannot compete with their peers with regards to fashion trends and owning the latest technology. They might not seem to be as physically strong as their peers; parents/carers might experience difficulty in providing healthy, regular meals which can cause problems with their physical well-being. Their emotions can seem quite immature at times and they may well become emotionally withdrawn but also prone to emotional outbursts associated with behavioural difficulties, displaying a lack of attention. Child and Young Person Development /TDA 2. 1/2. 1

The Agenda Setting Function of the Mass Media - 1992 Words

Introduction In 1922, Walter Lippmann suggested the very first idea of agenda-setting in his book â€Å"Public Opinion†, and Bernard Cohen (1963) said â€Å"The media may not tell us what to think, but they are stunning successful in telling us what to think about†. Those concepts assumed that with the limited ability and innate curiosity of human beings, most people rely on media institutions to gain information outside family, neighborhood and workplace. Thus the media organizations have the priority to choose which information is quality enough to be the most important, which is not, and the information emphasized by the media could salience transfer to the public. To verify this concept, McCombs and Shaw conducted the first empirical research,†¦show more content†¦Each part mentioned above interweaving with each other comes into being the net of agenda-setting theory. This literature review will use three levels of agenda setting effects as entry point to discussion the core concept of agenda setting theory—the prominent transference from media agenda and public agenda. Five original published researches will be described and analyzed. Although many parts aforementioned can not be included in those five studies, with the long history and complicated net of agenda-setting theory, three levels of agenda setting could be an appropriate point cut, just as Guo, Vu and McCombs (2012) suggest:† agenda-setting has evolved from a focus on media effects on the public’s perception of the most important issues of the day to a theory elaborating a hierarchy of communication effects, its core is three levels of agenda-setting†. Considering of that, the following contents will include (1) the explanation of each level agenda-setting. (2) The effects and limitations of agenda-setting theory. (3) The important meaning of five selected res earches. The valuation of agenda-setting theory will also be discussed by analyzing those parts mentioned above. The first level of agenda-setting The first level of agenda-setting focus on the media agenda effects on the opinion of public agenda, whichShow MoreRelatedThe Concepts Of Agenda Setting And Framing1620 Words   |  7 PagesThe concepts of agenda setting and framing are widespread and prevalent within mass media and in everyday forms of life. McCombs and Shaw define agenda setting as â€Å"the idea that there is a strong correlation between the emphasis that mass media places on certain issues†¦ and the importance attributed to these issues by mass audiences.† (Scheufele 11) A related concept to agenda setting is framing, the idea that media can â€Å"select some aspects of a perceived reality and make them more salient in a communicatingRead MoreThe Agenda Setting Model Can Guide The Public Opinion And Mass Communication1464 Words   |  6 Pagesthe agenda setting. 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The theorists wanted to discover what types of people are most susceptible to the media agenda throughRead MoreThe Agenda Setting Theory Of The Mass Media1033 Words   |  5 Pages Theory Overview Agenda setting theory is the hypothesis done by Shaw and McCombs, stating that the mass media has the ability to transfer the importance of issues on their news agenda to the public agenda. This theory contrasted with the selective exposure hypothesis which held that people only attend to stories which confirm their world view. The theory had two attractive features, one it reaffirms the power of the press and second it maintains individual freedom. Also it is represented a backRead MoreThe Theory And Magic Bullet Theory767 Words   |  4 PagesTo begin with, throughout the semester in Mass Communication Theory and Research we’ve discussed various research theories; however, the two theories that interest me were the agenda setting theory and magic bullet theory. I choose these two theories specifically because they both focused on how the media is the core and how it can immensely affect audience’s perception and behavior towards the media. First, The Agenda Setting Function of the Mass Media, it was first put forth by Maxwell McCombsRead MoreAgenda Setting Theory Of The United States Government And Its 300 Million Inhabitants Essay1742 Words   |  7 Pageschannels, including politics, interpersonal communication, and the mass media.   How does a specific item gain or lose momentum in this discussion?   Agenda Setting Theory attempts to describe the forces dictating the perceived importance (salience) of specific issues, occurrences, or values by individuals (McCombs Shaw, 1972, p. 177; Shaw, McCombs, Weaver, and Hamm, 1999, pp. 2-4). Agenda Setting Theory describes how the mass media affect the public salience of issues, especially those of politicalRead MoreThe Trial Of Simpson : An Agenda Setting Analysis1508 Words   |  7 PagesSimpson: An Agenda-Setting Analysis Mariah Short University of Kentuckyâ€Æ' The Trial of O.J. Simpson: An Agenda-Setting Analysis During the infamous O.J. Simpson trial the television news media was ever present. Placing the trial as a top news story set in motion the idea that this trial was an important issue. However, the television news media was not successful at determining whether O.J. was guilty or not. For this reason, the O.J. Simpson trial is an excellent example of the Agenda Setting TheoryRead MoreSocial Media Has Changed The Landscape Of The Media Environment984 Words   |  4 Pages Social media has changed the landscape of the media environment, and the way millions go about obtaining their news. Technology has now made it possible to speak to a large amount of people at one time. With a proliferation of new technologies social media platforms are uniquely positioned to capitalize on the communication aspect of social media, which makes it exceptionally influential. Many of us are familiar with the term social media, have used social media, but could not readily defineRead MoreEffect And Relationship Between Agenda Setting And News Framing Essay1301 Words   |  6 Pages This study examined the effects and relationship between agenda setting and news framing having significate weight within newspaper articles on portraying Australian political issues. The media content analysis is based on findings from news articles within the Courier Mail over a period of four weeks using journalistic, communication and theoretical explanations. The main question is the effects and relationship between agenda setting and news framing within newspaper articles. The study seemed