Enterprise Resource Planning Systems For Smes

Enterprise Resource Planning Systems For Smes Several researches have revealed that Enterprise Resource Planning (ERP) systems bring greater benefits to organisations, small or large. These reports asserted that successful implementation of the right ERP solution will empower the financial success of the organisation while its failure can spell doom and gloom. SMEs in contrast to their larger counterpart have peculiar challenges that further make the choice of ERP solution difficult. These challenges have defined the expectations and requirements of SMEs from ERP solutions. Various ERP software are available in the market for their use, with the software leader being SAP, but it is essential for an SME to select the appropriate software solution that appropriately address their needs putting in consideration their peculiar predicament. This is easily achieved through an adequate software selection and evaluation process. This research looks into past works on ERP implementations for SMEs to come up with ERP requirements for SMEs ; available software (and hardware) solutions available to them and a detailed software evaluation and selection process in line with industry best practice which they can use. It also addresses current ERP market and market trends. Methodology This paper is largely based on review of previous academic documents in form of journals, conference documents and books. These were reviewed extensively in line with the topic of discussion. Another helpful source of information used in the report is the internet. Through the internet, we were able to get more current information and data to support previous academic works. While we have done extensive research on this topic, it should be noted that the academic documents used in this research represent just a subset of the numerous documents that have been written concerning this topic. They are by no means a perfect representation of all the possible views. Table of Contents 1 Abstract 1 Methodology 1 Table of Contents 2 Introduction 3 Enterprise Resource Planning (ERP) Systems 4 Small and Medium Size Enterprises (SMEs) 4 ERP Market and Market Trend 6 ERP Requirements for SMEs 9 Analysis of ERP Solution (Software and hardware) 11 SAP 11 Oracle ERP Software 14 International Financial Services (IFS) 15 SAGE Accpac 15 Microsoft Dynamics 16 Open Source Software (OSS) 16 ERP Evaluation and Selection process 17 Stage 1 Plan Requirement 18 Stage 2 Request for Proposals (RFP) 19 Stage 3 Solution Evaluation 19 Stage 4 Contract Negotiation 19 Stage 5 Selection and Agreement 20 Introduction Enterprise resource planning (ERP) systems, according to Joseph et al 2003, is now being promoted as a desirable and critical link for enhancing integration between all functional areas within an enterprise and between the enterprise and its upstream downstream trading partners. Despite all benefits potentially offered by ERP systems (Banker, 1998; Hicks, 1995; Minahan, 1998) however, the issue of organisational changes needed by ERP implementation as well as predicting return on investment assumes particular importance within small and medium-sized enterprises (SMEs) because of their peculiar challenges. In SMEs, the implementation and the evaluation of the potential benefits is still a difficult task. (Ravarini, 2000). (Chan, 1999), asserted that many SMEs either lack enough resources or are not enthusiastic about committing a huge fraction of their resources to ERP implementation due to long implementation period and high fees associated with ERP, (Chau, 1995). These amongst other factors have resulted in slow ERP adoption by SME (Tagliavini et al, 2002). Nowadays, some SMEs are not only seeking ways of integrating their various island-of-information within the organisation, but have also moved to extend the whole scope beyond their organisation to include their suppliers, trading partners and customers (Charlesworth et al., 2002). Therefore, implementation of a right and cost effective ERP solution is essential. This however must be preceded by an accurate ERP software evaluation and selection process. This paper explores ERP for SMEs and is formatted as follows; Introduction, Methodology, Background on ERP, ERP Market and Trends, ERP and SMEs, ERP requirement for SMEs, Different Software (and Hardware) Solutions Analysis a Detailed Software Evaluation and Selection Process, Discussion, Conclusion and Future Research work. Enterprise Resource Planning (ERP) Systems ERP systems can be defined as the most predominant computing systems for business in a lot of organisations, both in the public and private sectors (Gable, 1998) The ERP software can be customised to support critical existing processes which organisations follow (Stefanou, CJ., 2001) Included in an ERP system are: Storage, orders, assets, vendor contacts, purchasing, financials and human resources (Dahlen C. and Elfsson J., 1999) (OLeary, 2000) stated that An ERP system integrates the majority of business processes and allows access to the data in real time. However, (Gardiner et al., 2002) also stated that an ERP system improves the performance level of a supply chain by helping to reduce cycle times. Other benefits which enterprises enjoy by implementing an ERP system include: better customer satisfaction, reduced quality cost, increased flexibility, improved resource utility, improved decision-making capability, improved information accuracy and improved vendor performance (Siriginidi, 2000). The flip-side to this is that, most ERP software tend to be complicated, large and expensive (Mabert et al., 2001). The implementation of an ERP system is time consuming and puts pressure on an organisations information technology (IT) department or outside professionals (Khaled Al-Fawaz et al., 2008) Putting ERP in place requires new procedures, employee training, and both managerial and technical support. (Shang and Seddon, 2002) Small and Medium Size Enterprises (SMEs) SMEs, in most countries are businesses that employ fewer than 250 people. For some other countries, SMEs are those which employ fewer than 500 people. Countries like these include: USA, Italy and Australia. 99.9% of the businesses in Albania come under SMEs. (Nito E., 2005) ERP customers are usually split into three market divisions by annual income. These include: large, midà ¢Ã¢â€š ¬Ã‚ market and small. The borderline of these divisions tend to be different, depending on which ERP vendor is using them. For small enterprises, Sage, SAP, Microsoft, Infor and to a slight extent Lawson, compete with a number of smaller vendors for ERP systems. Figure 1: Source: bla bla bla As shown in the diagram above, only SAP and Sage have set ERP products designed for the small enterprise market. The other vendors compete in this division with products that they also use for the midà ¢Ã¢â€š ¬Ã‚ market. The top six vendors compete in the mid-market. A lot of these products are industry specific e.g. pharmaceutical distribution, projectà ¢Ã¢â€š ¬Ã‚ oriented services, process manufacturing, etc. Successful competition has been attained by the leading ERP vendors adding sector specific focus to their products. This has been approached by: Industryà ¢Ã¢â€š ¬Ã‚ specific preà ¢Ã¢â€š ¬Ã‚ configured templates using a standard ERP product being developed by the ERP vendor (e.g. Oracles Business Accelerators or SAPs Best Practice Templates). ERP Market and Market Trend Trend, as defined by (Kotler, 1997) is: A direction or sequence of events that have some momentum and durability. Over the last decade, the ERP market has grown very quickly. The three main reasons for this growth are: globalisation, year 2000, and the need for better information integration. (Dahlen C. and Elfsson J., 1999) As at 1998, Merrill Lynch estimated that 40% of companies with revenues over $1billion had already implemented base ERP systems in the USA (Caldwell Stein, 1998) and had started implementing additional applications, a market that was estimated at $8billion by 2002. An American-based research firm, AMR Research, also predicted the enterprise applications market could hit $78billion by 2004 compared to $27million in 1999 (Stefanou, CJ., 2001). However, according to Gartner group, a high percentage (88%) of the ERP market is concentrated in the western countries. SAP, the German flagship company, holds a global market share of 32%, while Oracle has a global market share of 14.5%. Both vendors have the lion share of the Global ERP market. However, this is not the case in the Chinese market where SAP and Oracle hold a combined market share of 24.4% and the domestic companies holding a combined market share of 51.6%. (Huigang Liang et al., 2004) Total ERP market revenue grew to over $28B in 2006. This was driven by a combination of strong customer demand and leading vendors expanding their product portfolios through acquisition. (Jacobson S., 2007) As at 2000, the AMR Research, Inc. predicted that the ERP market would grow at a compound annual growth rate of 37% over the following five years. Currently, SAP and Oracle have dominated the market. Their competition, however, lies in the SMEs market With rivals like: Sage group, Microsoft, Epicor and Lawson (Jacobson S. et al 2007) Below is an ERP application revenue estimate for 2006 2011 This was estimated as at 2007 by the AMR, Research GroupFigure 2: (Jacobson, S. et al 2007 The ERP Market sizing Report, 2006-2011, AMR Research., ERP 2007 Market sizing series). In recent times, the ERP Vendor Outlook has changed a lot. Six vendors are responsible for almost two thirds of global ERP sales. Oracle and SAP control 50% of the World market by income. At the start of the last decade, Infor and Microsoft did not have a market presence. Below is a pie chart showing Global ERP Revenue by Vendor (2008) Figure 3: Source: BSM, ERP. May 2010 ERP Requirements for SMEs According to Huin 2004, SMEs have an enormous difference in needs, operating requirements, logistics fulfilment and financial capabilities compared to their large counterparts. First among these requirements is a cost effective ERP solution. Costs associated with ERP solution include not only the software, but also to items such as training, hardware and consulting (Willis et al 2001). Besides, most ERP software available in the market, according to Bounanno G. et al 2005, are just too expensive for SMEs. Chan R. 1999, supported that many small-medium enterprises either do not have sufficient resources or are not willing to commit a huge fraction of their resources due to long implementation times and high fees associated with ERP implementation. This emphasises the fact that cost is a major factor for SMEs when attempting to undergo a capital intensive venture like ERP implementation. A research of 50 Italian SMEs carried out by Federici 2009 suggested that small and medium enterprises mostly chose systems provided by small national software houses obviously for cost reasons. Contrast to larger establishments, SMEs have limited experiences, human resources and skills that are necessary for some kind of ERP implementations according to Adam and ODoherty 2003 cited in Winkelmann and Klose 2008. It is a well known fact that most SMEs have a scaled down number of employees who handles more than one function. This position is further supported by Huin 2004, which confirmed that most SMEs experience a high turnover rate compared to large companies. That work further stated that high turnover rate adversely impacts how SMEs manage their labour resource-a key resource input in any ERP project. This is in line with the research work of Winkelmann A et al 2008 which emphasised that a dedicated IT department addressing the selection and implementation of an ERP system dont actually exist in most SMEs. As such most SMEs have requirements for ERP solutions (software and hardware) that leverage on their lean human resources, especially in the IT department and provide a user friendly platform not riddled with so many complications. Achanga et al 2006 confirmed in his work that most SMEs do not have a good management structure on which innovations such as ERP thrives. It is customary to have the Managing Director or the CEO involved in daily administration of the companies in addition to making strategic decisions. They further explained that most SMEs were established by owner managers who may not have the tactful management know-how. As such, strategic progress is usually hampered by lack of good leadership traits which bring about informal working processes. This was supported by (Mintzberg H. et al 2003 p.217). Processes here according to Beretta 2004 is the medium that coverts activities efficiently and effectively in order to generate value for a specific customer. It is important to note that these processes are what ERP serves to integrate. As such ERP solution for SMEs must be simple and flexible to accommodate these peculiarities of most SMEs. Such flexibility involves things like allowing only specific modules or even sub-modules to be implemented. The type and focus of the SMEs should begat the requirement for consideration in the choice of ERP solution. Most SMEs have very specific operations and as such have very specific processes. These processes differ according to the specialisation of the company. Example is the case of a construction company in Taiwan that wanted to implement ERP but could not get software fit because of its unique operations (Yang J et al, 2007). Another example: Made-To-Stock (MTS) manufacturing companies have different ERP requirements from Made-To-Oder (MTO) companies (Deep A. et al 2007). The implication is that MTO and MTS have different production processes and thus will need a system that aligns with their peculiar requirement. We can therefore conclude according to Deep A. et al, 2007 that issues relating to the specificity of an organisation will need to be determined before proceeding to make a choice on the ERP solution for implementation. Analysis of ERP Solution (Software and hardware) ERP software belongs to a suit of software called Enterprise system software. According to Shanks G. et al 2003, it is; a set of packaged application software modules, with an integrated architecture, that can be used by organizations as their primary engine for integrating data, processes, and information technology, in real time, across internal and external value chains impound deep knowledge of business practices that vendors have accumulated from implementations in a wide range of client organizations, that can exert considerable influence on the design of processes within new client organizations is a generic semi-finished product with tables and parameters that client organizations and their implementation partners must configure, customize and integrate with other computer-based information systems to meet their business needs. Thus, ERP software are sold to organisations on the platform that its a way for them to implement best practices in an organisation (Wagner and Newell 2004), but there is a vast gap between this theory, the actual implementation and use of the software. The idea behind the software use is that a blend of best practice within a particular industry is built into the design so that this can be used by a similar company irrespective of where it is to automate its working process. According to Holland and Light 1999, most organizations now opt for off the shelf software instead of developing one in-house for its function. While there are over one hundred ERP software available, we will be reviewing a list of some well known ERP solutions available to an SME below; SAP A company that started in Germany, the application has captured the integrated market of most large and medium market throughout the world (Martin and Cheung 2000). With high functionality and a great deal of integration, the solution covers requirements such as financial accounting and control, sales and distribution, materials management, production planning and human resource management. Bancroft et al 1998 revealed that SAP design consists of the following layers of software; The SAP graphical user interface (GUI) representing the presentation layer; The SAP application layer; and The SAP database layer SAP supports critical business functions and processes and can actually be tailored to meet the business needs of any enterprise (SAP Global, 2010). It delivers the following solutions SAP ERP Financials: helps addressing changing financial reporting standards, improve cash flows and manage risks SAP ERP Human Capital Management: helps in automating key processes like End-user service delivery, workforce analytics, talent management, workforce process management and workforce deployment SAP ERP Operations: helps with process like procurement and logistics execution, product development and manufacturing and sales and services SAP Corporate Services: covers real estate management, Enterprise asset management, project and portfolio management, travel management, environment and safety management, quality management and global trade services SAP Global claimed that the product helps in increasing oversight of business operations and providing adequate information for strategic business decisions. It also claimed high flexibility and innovation and that modules can be implemented as needed and upgraded as the need arises. The SAP for SMEs has been implemented by over 80000 SMEs. Figure 4 below shows the SAP Solution roadmap showing the multiple level of blueprint of processes supported by SAP. SAPs benefits were echoed by the research work of Mandal and Gunasekaran 2003. This was implemented at PMB Water Corporation. They discovered greater benefit of implementing SAP. However, Al-Mashari and Zairi 2000 confirmed that SAP is a very complex solution that is too prone to failure. This position is supported by the research work of Martin I. et al, 2000 in an organization in Australia where he discovered that the training was complex, expensive and enormous. It is also not a user friendly application. For a small and medium sized company this enormous complexity and capital investment among other things is not one that can be readily and easily accommodated as previously stated in the requirements section. Figure 4 SAP Solution Roadmap (available at http://www. sap.com/businessmaps However, it should also be noted that quite a number of medium establishments have been able to implement SAP successfully and are reaping the benefits (Martin I. et al 2000). Oracle ERP Software The Oracle ERP software is part of the Oracle e-Business suite. It consists of the following modules (Oracle 2010); Channel Revenue Management: enables information driven channel management. Includes modules like Accounts receivable deductions settlement, channel rebates and point-of-sale, partner management, price protection and supplier ship and debit Financial Management: covers things like Asset lifecycle management, cash and treasury management, credit-to-cash, financial control and reporting, financial analytics, governance, risk and compliance, lease and finance management, procure-to-pay and travel and expense management Human Capital Management: includes Global Core HCM , Workforce Management, Workforce Service delivery, Integrated talent management, and HR analytics Project Portfolio Management: Involves things like project analytics, project billing, project contracts, project collaboration, project costing, project management, project portfolio analysis, project resource management and time and labour. According to Oracle, Oracle E-Business suite is the most adaptable global business platform and the most customer-focused application strategy. This opinion seems to be supported by Panorama Consulting group 2010, that the software has the highest level of predictability of all ERP software that was studied, and that the average initial cost to implement is 25% less than that of SAP. It also claimed that Oracles total cost of ownership is nearly 50% less than that of SAP. The fact remains though that its usage does not as yet compare to that of SAP. This is true considering the fact that there has not been much academic research into the use of the software as an ERP solution. International Financial Services (IFS) IFS is a single, integrated product supporting the management of 4 core processes (IFSWorld 2010); Service and Asset, Manufacturing, Project, Supply chain. It can be added to other suites of software e.g. Financials, Human Resources, Sales and services, Engineering, Project, Manufacturing and Distribution. According to IFSWorld 2010, its easy to use software that provides an attractive, intuitive and efficient user experience. It is also quite flexible, allowing an organisation to choose the required module and upgrade at a future date if so desired. The benefits of IFS was supported by the work of Lahikainen T. et al 2000 comparatively saying that ERP software like SAP is rather clumsy and large, and because of this cannot easily be reworked to suit a business process. Rather, the business will have to readjust its process for the software. SAGE Accpac This product offers middle sized organisation an adjustable enterprise resource for finance, SRM and operations (Sage, 2010). It supports global aspirations for mid-market and upper-mid-market companies with its robust financial management capabilities and flexible open architecture. Modules of the software include; Financials: General Ledger, G/L Consolidations, Reporting, Multi-Currency, Intercompany Transactions, Transaction Analysis and Optional Field Creator Purchasing: Purchase Orders, Accounts Payable, Electronic Funds Transfer (ETF), Direct payables, Document Management, Fixed Asset Management, Check and Form printing Sales and Receivables: Order Entry, Accounts Receivable, EFT Direct Receivables, Electronic Data Interchange (EDI), National Accounts Management, Unit Sales Analysis, Return Material Authorization (RMA) Customer Management: Contact Management, Sales Force Automation, Marketing Automation, Customer Service Automation Inventory/Warehouse Management: Inventory Control, Lot Tracking, Serialized Inventory, Warehouse Management, Manufacturing Management Project Management: Project and Job Costing, Service and Maintenance management, Payroll: In-house Payroll, Electronic Funds Transfer (EFT), Direct Payroll, Sage Accpac HRMS System Administration: System Manager, Alerts and Alerts Manager Sage manages the processes that are common to all businesses, such as finance, HR, or CRM; the vertical modules give customers a greater ability to match technology to specific industry needs (Sage, 2010). Microsoft Dynamics According to Microsoft 2010, Microsoft Dynamics offer solution that can help fastrack performance, measure financial effectiveness and enhance decision making. It helps drive businesses by providing a backbone of an elastic system. It is easy to implement and adapt. Apart from on-premise installation, the solution can also be deployed to work with cloud computing, a solution some organisations are already considering. The capabilities delivered by this solution includes Financial management, Supply chain management, business intelligence, performance management, Collaboration, Project Management, Human resource management, IT management and Software-plus-Services. Open Source Software (OSS) There are also a number of open source ERP software that seems to be of an increasing interest at the moment according to the research work of Johansson and Sudzina 2008. The list includes Compiere, OpenBravo, Opentaps, Facturalux, TinyERP. It may be that most SMEs will find OSS ERP implementations able to cater for their needs since according to Raymond 2005, SMEs are highly flexible and adaptable to change. Implementation may also work out cheaper as costs associated with licensing fees are usually not incurred (Johansson and Sudzina, 2008). It should however be noted that support for implementations for OSS ERP software is quite hard, as there can be several versions of a given software and finding an expert can be daunting. ERP Evaluation and Selection process A successful ERP project requires selecting an ERP solution, implementing the solution, managing changes and examining the practicality of the system (Wei and Wang, 2004). Wrong ERP solution choice would either cause implementation to fail or weaken the system to a greater impact on the enterprise (Hicks,1995; Wilson,1994). Most enterprises often jump into looking at ERP functions and features rather than examining the strategy and business processes. According to Donovan, 2001, it is important for management to know the current strategy, processes and supporting systems compared to what they could be with the new systems. For most enterprises, the decision to implement ERP functionalities will require buying a software package from one of the more popular vendors on ERP market. But the selection process is not a straightforward task, hence thorough understanding of what ERP packages are to offer, differences in each of them and what might be at stake in selecting one package over the other should be well examined or evaluated, (Sammon and Adam, 2000). Evaluating and selecting an ERP system, even though can be a very complex process (Donovan 2001). It should be a fact-based process that will bring an enterprise to the point where comfortable well-informed decisions can be made. Figure 5 below shows an online poll conducted by ESI International survey of 2,000 business professionals in 2005. This clearly indicated that most software projects, ERP inclusive, failed due to lack of adequate requirements definition. Fig. 5: Source: ESI International survey of 2,000 business professionals, (2005). In addition to the above figure 5, Donovan pointed out that typical ERP project implementation can also fail because of a wrong choice of ERP solution. Therefore, Management Agility Inc in 2005 revealed that it is imperative to adopt a thorough evaluation and evaluation process before adopting any ERP solution in SMEs. Their report detailed eight steps necessary for a careful and reasonable level of successful ERP implementation in SMEs. This is represented in Figure 6. We have further categorised this into the following five stages for our discussion; Planning, RFP, Solution Evaluation, Negotiation, Selection Agreement These five stages are explained below based on the research carried out by Management Agility Inc in 2005. Stage 1 Plan Requirement Define business along with areas of business that require technical approach. Develop a specific business case with business value for a solution. Ensure that the project sponsor is willing to articulate the business case for change, identify vendors and get familiar with the available solutions. Get general view of investment needed, considering software, hardware, other related infrastructure and ongoing support. Evaluate the organisation readiness for the investment and decide whether to continue or not. Define priorities under must-have and nice-to-have accordingly. Stage 2 Request for Proposals (RFP) Shortlist interesting vendors based on the outcome of market survey for solutions and then for demonstration. Collects facts in line with the business need from product demonstrations for the development of unbiased RFP for vendors. Set-up a neutral body to develop RFP, using facts gathered from products demonstration aligned to the business requirements. Distribute out RFP to selected vendors. Generate basic expectations from ideal proposal in line with the business need for onward selection of the ideal software vendor. Stage 3 Solution Evaluation Identify and prioritise remaining gaps between software capabilities as demonstrated and business requirements. Identify how the gaps will be bridged in terms of configuration, process change or a combination of all these. If the gaps cannot be bridge, then discontinue the evaluation exercise immediately, otherwise consider reengineering of those affected business processes and continue with the evaluation. Stage 4 Contract Negotiation Negotiate with each vendor; establish software, hardware and other infrastructure agreement requirements, which include version, components, maintenance and support. Also negotiate participation in user groups, license costs, maintenance fees and many others. Establish service provider agreement which also include deliverables, timelines, resources, costs, payment schedules and other legal requirements. Stage 5 Selection and Agreement Upon successful negotiation with the right vendor; Review all legal terms on privacy protection, operation guidance and data manipulation etc. Approve agreements with the selected vendors. Agree on implementation plan. Fig. 6: Detailed flowchart for ERP Software, Hardware Evaluation and Selection Processes Management Agility Inc, 2005 ERP Software Hardware (Solution) Evaluation and Selection Steps Yes No Stage 4 Stage 3 Stage 2 Stage 1 Define Requirements Shop Round for Product Clarify Requirements Evaluation Vendor Inquiry Interact with Vendors Negotiate Agreement Action Agreement Define business case/need and spell-out required values. Be specific. Ensure the business sponsor is willing to push through business case for change. Look round the market for what product is available. Identify vendors that operates and their general approaches to technologies the take. Discuss with others in the same industry as you are etc. Clarify your requirements and be sure of what you are looking for in line with you business case. Refine requirements if possible and be specific too. Find out what product is looking promising in line with the business need and from which vendor. Identify which vendor and their products and invite interesting ones for demo etc. Request for proposal (RFP). Invite each shortlisted vendor over for a chat and find out more about the product. List out expectations based heavily on business requirements. At this point evaluate this approach. Can you afford to change your current process? Can you afford the change the new product will bring and many more? Initiate Negotiation for the selected product with the selected vendor. Agree on who does what, when are they to be done. Negotiate deliverables, timelines, co

how not to spend you senior year :: essays research papers

She starts off talking about her life, starting from the third grade. She tells how when she was in third grade her mom was killed by a hit and run. Since then her and her dad have moved a lot. Thirteen elementary schools from third grade to sixth grade, five middle schools, 6 high schools but she stayed in one place for her senior year. She learned not to unpack when ever she goes to a new place. They have always moved into furnished apartments, and she now has learned that not all places come complete with a couch. She remembers every time she moved somewhere there would be the Phone Calls of Mysterious Origin which were phone calls in the middle of the night and her dad would answer them but he wasn’t on for a long time so it couldn’t be a girlfriend. And after the phone calls would stop, she would come home to her dad at the kitchen table with The Map. During her freshman, sophomore, and junior year they moved all over the eastside of Lake Washington. And at the beginning of my senior year we moved to Seattle, Washington. And I started school at Beacon High. And on that first day of school she falls head over heels in love. His name was Alex Crawford. The guy she saw across the classroom but knew that he would not remember her after that. She was standing in the parking lot looking up at this metal column standing straight up on the building and nothing on the end which seemed awkward. Alex came up behind her and said that a car use to be there but it was getting repaired. They began talking and walked towards the school. She was walking out of her first period class when Alex showed up out of the blue. He walked her to all her classes occasionally bringing his friend Elaine Golden. They all went to Drama class together and when they got there everyone was working on Shakespeare. Mr. Barnes made her join in with everyone else. Alex and Elaine did a scene from Romeo and Juliet. When it came time for the kiss Elaine pulled away as he was coming in for the kiss. The whole class was laughing. When the teacher asked some questions she accidentally said what she was thinking out loud.

Guns, Germs, and Steel; Diseases

Disease influenced a lot of the world’s history, how these disease reached human, and how over a period of time we became mutated to these diseases. It affected a lot of wars, and settlements, such as when the new world was discovered. Most of the germs from these diseases came from domesticated animals, and people from the Old world. Diseases have even been the cause of wars. Around 1526 the Atahuallpa had won battles in a civil war that had left the Incas vulnerable and divided.An epidemic of smallpox was that was spreading among South American Indians, which had arrived from Spanish settlers, had killed the Inca’s emperor, Emperor Huayna Capac and then his designated heir, Ninan Cuyuchi. The deaths of the emperor and the heir lead to Atahuallpa and Huascar to compete for the throne. The civil war started because of the epidemic of smallpox leading to two very important death. This situation also emphasized on the lack of immunity certain people had towards smallpox, measles, influenza, typhus, bubonic plague, and other diseases.Diseases brought by the Europeans killed around ninety-five percent of pre-Columbian Native American population. The most populated native societies disappeared for being affected by epidemic of diseases around 1462 and the late 1600s. In 1713 a smallpox epidemic, caused by European settlers, became the destruction of South Africa’s native San people(78). The spread of diseases helped people conquer other people. (86) Wild plants and animal species appropriate for domestication helped certain diseases reach humans (86, 86, and 92).Human who domesticated animals were the first to get sick with the new diseases, however it helped them evolve resistance towards these diseases. Other people who had not been exposed to any of these diseases would have a harder time at surviving it. Germs that came from domesticated animals played a significant role in the European conquests of Native Americas, Australians, South Africa , and Pacific Islanders (92). When we started to domesticate animals, they had already been contaminated by epidemic diseases. For example, the measles virus is closely related to the virus that causes rinderpest.Rinderpest affects cud-chewing animals, but not humans, measles in turn doesn’t affect cattle. The similarity between the two viruses suggests that the rinderpest virus evolved into the measles virus so it could reach humans. (206) Similar cases have been found, tuberculosis and smallpox from cattle, the flu from pigs and ducks, pertussis from pigs and dogs, and Falciparum malaria. (207). In 1959, East Africa was contaminated with the O’nyong-nyong fever, it started from a virus of monkeys and spread to humans by mosquitos.The victim affected by this recovered quickly and became immune to the virus, helping the disease die out quickly. (208) There are some diseases that originated from animals diseases that have still not died out. The Lassa fever was first or iginated in 1969 in Nigeria, it was derived from rodents. The future for Lassa fever remains uncertain. The Lyme disease was first discovered in 1962 in the United States. It reaches humans by a spirochete that we get from the bite of ticks, this disease is carried by deer and mice.The future of Aids seems to be secure, it was derived from the monkey viruses and first seen around 1959. (208,209) There were diseases that were confined to human, such as typhus. At first typhus was transmitted by rats and rat fleas, that being sufficient for it to transmit to humans. Then typhus found a much more efficient way of traveling to directly to humans through lice. Americans have deloused themselves, hence, making typhus find a new way to reach humans. It started infecting flying squirrels, and flying squirrels transferred it to us.(209,210) Lethal microbes became very important to the European’s conquest and the destruction of the population in the New World. More Native American deat hs where cause by the Eurasian germs than battle wounds (210). Since Native Americans had never been exposed to these Eurasian germs, therefore making it hard for them to recuperate from the diseases. Indians ‘were not immune or didn’t have any genetic resistance to diseases like smallpox, measles, influenza, yellow fever, tuberculosis or malaria. (210-211).For example, when Hernando De Soto became the first European conquistador to go through the southeastern United States, in 1540, he found abandoned two years earlier because the people who lived there had died in epidemics. (211) Diseases lead to many wars and depopulation of many tribes. Many diseases that cause depopulation came from animal domestication evolved in order humans. These became some of the deadliest diseases (77), causing many to die, especially those who weren’t immune to them (210-11). Diseases played a very significant role in World History.

Battle of Fredericksburg in the Civil War

The Battle of Fredericksburg was was fought December 13, 1862, during the American Civil War (1861-1865) and saw Union forces suffer a bloody defeat. Having grown angry with Major General George B. McClellans unwillingness to pursue General Robert E. Lees Army of Northern Virginia after the Battle of Antietam, President Abraham Lincoln relieved him on November 5, 1862, and replaced him with Major General Ambrose Burnside two days later. A West Point graduate, Burnside had achieved some success earlier in the war campaigning in North Carolina and leading IX Corps. A Reluctant Commander Despite this, Burnside had misgivings about his ability to lead the Army of the Potomac. He had twice declined the command citing that he was unqualified and lacked experience. Lincoln had first approached him following McClellans defeat on the Peninsula in July and made a similar offer following Major General John Popes defeat at Second Manassas in August. Asked again that fall, he only accepted when Lincoln told him that McClellan would be replaced regardless and that the alternative was Major General Joseph Hooker whom Burnside intensely disliked.      Burnsides Plan Reluctantly assuming command, Burnside was pressured to undertake offensive operations by Lincoln and Union General-in-Chief Henry W. Halleck. Planning a late fall offensive, Burnside intended to move into Virginia and openly concentrate his army at Warrenton. From this position he would feint towards Culpeper Court House, Orange Court House, or Gordonsville before quickly marching southeast to Fredericksburg. Hoping to sidestep Lees army, Burnside planned to cross the Rappahannock River and advance on Richmond via the Richmond, Fredericksburg, and Potomac Railroad. Requiring speed and guile, Burnsides plan built upon some operations that McClellan had been contemplating at the time of his removal. The final plan was submitted to Halleck on November 9. Following a lengthy debate, it was approved by Lincoln five days later though the president was disappointed that the target was Richmond and not Lees army. Additionally, he cautioned that Burnside should move quickly as it was unlikely that Lee would hesitate to move against him. Moving out on November 15, the lead elements of the Army of the Potomac reached Falmouth, VA, opposite Fredericksburg, two days later having successfully stolen a march on Lee. Armies Commanders Union - Army of the Potomac Major General Ambrose E. Burnside100,007 men Confederates - Army of Northern Virginia General Robert E. Lee72,497 men Critical Delays This success was squandered when it was discovered that the pontoons needed to bridge the river had not arrived ahead of the army due to an administrative error. Major General Edwin V. Sumner, commanding the Right Grand Division (II Corps IX Corps), pressed Burnside for permission to ford the river to scatter the few Confederate defenders in Fredericksburg and occupy Maryes Heights west of the town. Burnside refused fearing that the fall rains would cause the river to rise and that Sumner would be cut off. Responding to Burnside, Lee initially anticipated having to make a stand behind the North Anna River to the south. This plan changed when he learned how slow Burnside was moving and he instead elected to march towards Fredericksburg. As the Union forces sat in Falmouth, Lieutenant General James Longstreets entire corps arrived by November 23 and began digging on the heights. While Longstreet established a commanding position,  Lt. General Thomas Stonewall Jacksons corps was en route from the Shenandoah Valley.   Opportunities Missed On November 25, the first pontoon bridges arrived, but Burnside refused to move, missing an opportunity to crush half of Lees army before the other half arrived. By the end of the month, when the remaining bridges arrived, Jacksons corps had reached Fredericksburg and assumed a position south of Longstreet. Finally, on December 11, Union engineers began building six pontoon bridges opposite Fredericksburg. Under fire from Confederate snipers, Burnside was forced to send landing parties across the river to clear out the town. Supported by artillery on Stafford Heights, the Union troops occupied Fredericksburg and looted the town. With the bridges completed, the bulk of Union forces began crossing the river and deploying for battle on December 11 and 12. Burnsides original plan for the battle called for the main attack to be executed to the south by Major General William B. Franklins Left Grand Division (I Corps VI Corps) against Jacksons position, with a smaller, supporting action against Maryes Heights. Held in the South Beginning at 8:30 AM on December 13, the assault was led by Major General George G. Meades division, supported by those of Brigadier Generals Abner Doubleday and John Gibbon. While initially hampered by heavy fog, the Union attack gained momentum around 10:00 AM when it was able to exploit a gap in Jacksons lines. Meades attack was eventually stopped by artillery fire, and around 1:30 PM a massive Confederate counterattack forced all three Union divisions to withdraw. To the north, the first assault on Maryes Heights had commenced at 11:00 AM and was led by the division of Major General William H. French. A Bloody Failure The approach to the heights required the attacking force to cross a 400-yard open plain which was divided by a drainage ditch. To cross the ditch, Union troops were forced to file in columns over two small bridges. As in the south, the fog prevented Union artillery on Stafford Heights from providing effective fire support. Moving forward, Frenchs men were repulsed with heavy casualties. Burnside repeated the attack with the divisions of Brigadier Generals Winfield Scott Hancock and Oliver O. Howard with the same results. With the battle going poorly on Franklins front, Burnside focused his attention on Maryes Heights. Reinforced by Major General George Picketts division, Longstreets position proved impenetrable. The attack was renewed at 3:30 PM when Brigadier General Charles Griffins division was sent forward and repulsed. Half an hour later, Brigadier General Andrew Humphreys  division charged with the same result. The battle concluded when Brigadier General George W. Gettys division attempted to attack the heights from the south with no success. All told, sixteen charges were made against the stone wall atop Maryes Heights, usually in brigade strength. Witnessing the carnage Gen. Lee commented, It is well that war is so terrible, or we should grow too fond of it. Aftermath One of the most one-sided battles of the Civil War, the Battle of Fredericksburg cost the Army of the Potomac 1,284 killed, 9,600 wounded, and 1,769 captured/missing. For the Confederates, casualties were 608 killed, 4,116 wounded, and 653 captured/missing. Of these only around 200 were suffered at Maryes Heights. As the battle ended, many Union troops, living and wounded, were forced to spend the freezing night of December 13/14 on the plain before the heights, pinned down by the Confederates. On the afternoon of the 14th, Burnside asked Lee for a truce to tend to his wounded which was granted. Having removed his men from the field, Burnside withdrew the army back across the river to Stafford Heights. The following month, Burnside strove to save his reputation by attempting to move north around Lees left flank. This plan bogged down when January rains reduced the roads to mud pits which prevented the army from moving. Dubbed the Mud March, the movement was cancelled. Burnside was replaced by Hooker on January 26, 1863.

Risk Management Business

Sample details Pages: 21 Words: 6213 Downloads: 4 Date added: 2017/06/26 Category Information Systems Essay Type Research paper Did you like this example? Software Project Management (CI6113) Title: Reviewing the Past Research Papers on Risk Management Abstract Risk Management is nowadays the important research topic in the many critical business areas and industrial areas. Project teams do not achieve their projects goals of reducing cost and gaining much profit without assessing risks and managing risks. This term paper analyzes research papers done by many researches in the field of the Risk Management within 2000 and 2007 and describes the results of the analysis of those research papers. Don’t waste time! Our writers will create an original "Risk Management Business | Information Systems Dissertations" essay for you Create order Our goal of this paper is to inference and to justify the trend of the Risk management in research areas and business areas. There are many topics in the Risk Management such as Risk Analysis, Risk Assessment, Risk Control and others. This paper’s analysis path is starting from the project risk identification and end with the risk control topic. This paper provides the results what the gaps between researches are. Furthermore, this paper learns briefly what the problems and trends before year 2000 are. Introduction This paper examines the results of the past research papers published from 2000 through 2007. We focus on Risk Management and their related topics. In addition, we also examine the trends of the Risk Management within this period. We analyze which topic had been researched most in a particular year and which methods were used in that year. This paper learns publications issued by year by year and group them in each year. In addition, we analyze the topics which are relating to the specified topic. We found trends of the research in a year while we were learning them. According to the past results came from publications, we can make sense of mind for future of the Risk Management. This paper examines the situation which can become in future according to the study. Background Many project managers and strategic management are concerning about risks in long term strategic basic. So, we need to learn the risks. Risk is the uncertainty in the life cycle of the project. In 2003, Webster’s New Explorer College Dictionary defines the risk as â€Å"the possibility of danger and sufferance of harm or injury†. Risk cannot be seen without any emphasize upon it. In addition, risks can also give hopes to the successful project. So, if risks which cannot be seen before could be found and assessed then the proposed project will be successful. But risks found and assessed can never be avoided. It can be reduced by using the some techniques or adjustments. Some risks can be ignored without any executing. Risk may terrify to some persons related to the project because if it could not be uncovered, the team may incompetent in managing the project. According to the problems, risk management was critical issue of the project management. Researchers were do ing researches to reduce and manage the risks which can be encountered in a project. People in the business areas were also finding the ways how to ignore the encountered risks. Some are finding how to control the risks. In addition, they were finding what risks can violate the project management unless they did not control the risks encountered. A risk which encounters in a year is not the same as the problem in another year. Because of the nature of project which depends on the World’s business. As changing the nature of the business, the nature of the risks is becoming change. Furthermore, research area is also changing according to the nature of the risk. So, the research trend for a year may not same as the trend of another year. To learn the research trend turmoil, we need to learn publications issued from 2000 through 2007. The next section will explain the importance of our paper. Situation of the paper There are many researches for the project management. Past research (Timothy Warrren, 2002) had done a research for the whole project management. It covered research published in English from 1960 through 1999. This paper covered within the period of 2000 and 2007 learned the topics of the risk management. We separated the research areas according to the Project Management Body of Knowledge (PMBOK). These are Risk Identification and Assessment, Risk Qualification, Risk Response Development and Risk Control. Objectives of the paper The objective of this paper is to learn the trend of the Risk Management in past research publication. We restricted the period to be learned for each topic. This paper is intended to learn that how the risks emerged during the project time, is handled using which tools and methods. This paper intended to find the gaps between researches in each year and whole period of year 2000 and 2007. The paper learned only risk management out of topics of project management for the period. So, the other topics can be learned like our paper. These are Communication, Cost, Procurement, Human Resource, Outsourcing, Integration, Quality, Scope and Time Management. Literature review In this era, many companies conduct a great portion of their jobs in project form. Traditionally projects were mainly found in the construction industry and sections of the military, but the competitiveness of the markets of today with fast-changing technology encourages almost all companies to adopt project management (Burke 2003). Project management is the application of knowledge, skill, tools and techniques to project activities to meet project requirement. Project management is accomplished through the use of the processes such as: initiating, planning, executing, controlling, and closing (PMBOK guide 2000). Because of global economical pressures, turbulence in the corporate environment and market forces leading to the increasing demands and tougher competition projects have to be implemented at lesser time, cost and with better functionalities. This causes growing demands on the management’s ability to forecast and react to unforeseeable events- risks. Risk is an abstract concept whose measurement is very difficult (Raftery, 1994). The Oxford Advanced Learner’s Dictionary – 5th Edition defines risk as â€Å"The possibility or chance of meeting danger, suffering loss or injury†. The British Standard BS 4778 defines risk as â€Å"A combination of the probability, or frequency, of occurrence of a defined hazard and the magnitude of the consequences of the occurrence†. Risk may be expressed in a mathematical form as follows: Risk = (Probability of the occurrence of a defined event) x (Consequences of the occurrence of that event) Therefore, risk management is nowadays a critical factor to successful project management. Overview of Risk Management Project risk management is the art and science of identifying, analyzing, and responding to risk throughout the life of a project and in the best interests of meeting project objectives. (Schwalbe, 2006) Risk management has been practiced informally by everyone, with or without conscious of it, since the dawn of time. Modern risk management, which had become a widely accepted management function during the period from 1955-1964 (Snider, 1991) has its roots in insurance to which it has been closely aligned for more than three centuries (Ibid). The story of risk management has not all been positive and supports the argument that it is currently ineffective at managing surprise. In the 1960’s project management was under heavy criticism for project failures due to technical uncertainty, contact strategy, community opposition and project environmental impacts (Morris, 1997). A project manager may still today argue that the last two are external project factors and outside the immediate project environment under their control (Ibid) and it may be often assumed that these will be passed up the line to higher management levels (Chapman Ward, 1997). The main objectives of risk management include (Yee et al., 2001): To enable decision-making to be more systematic and less subjective. To provide an improved understanding of the risks facing a project by identifying risks and response scenarios. To assist in deciding which risks require urgent attention and which can be addressed later. To force management to realize that there are many possible outcomes for a project, and appropriate measures should be planned for any adverse consequences. Flanagan and Norman (1993) proposed a risk management framework as shown in Fig.3.1 which depicts the elements of the risk management system – risk identification, risk classification, risk analysis, risk attitude and risk response. Risk Identification Risk Classification Risk Analysis Risk Response Risk Attitude Figure 2.1 Risk management Framework (Source: Flanagan Norman, 1993) According to (PMBOK, PMI 2000) and (Schwalbe 2006), Project Risk Management has following processes Risk Management Planning Risk Identification Qualitative Risk Analysis Quantitative Risk Analysis Risk Response Planning Risk Monitoring and Control The following Fig.3.2 depicts how risk management processes involved in each of the project management process Initiation Planning Executing Controlling Closing Risk Identification Risk Identification Risk Response Control Risk Quantification Risk Response Development Fig 2.2 Risk Management Processes in each Project Management Process (Source: Dan Brandon, 2006) Risk management will not eradicate all the risks. It will enable decision to be made explicitly which will reduce the potential effect of certain risks. It will also assist in rational, defensible decisions regarding the allocation of risk among the parties to the project. Risk analysis is not a substitute for professional judgments and experience. On the other hand, it helps professionals to make use of the full extent of their experience and knowledge by liberating them from the necessity of making simplifying assumptions in order to produce deterministic plans and forecasts. Risk analysis is supplement to, not a substitute for professional judgments. Recent Approaches to Risk Management Project risk management is a topic of major current interest. It is being actively addressed by many government agencies and most of the professional project management associations around the world, and many relevant standards are extant or being developed. Some examples from the many approaches in use include: (Cooper D., Grey S., Raymond G., Walker P., 2005) †¢ Project Management Institute (PMI), USA (2003), Project Management Body of Knowledge, Chapter 11 on risk management; †¢ Association for Project Management, UK (1997), PRAM Guide; †¢ AS/NZS 4360 (2004), Risk Management, Standards Association of Australia; †¢ IEC 62198 (2001), Project Risk Management—Application Guidelines; †¢ Office of Government Commerce (OGC), UK (2002), Management of Risk; and †¢ Treasury Board of Canada (2001), Integrated Risk Management Framework We fill the research gap in risk management field from year 2000 to 2007. Methodology We conduct a quantitative bibliographic study on pass papers published from year 2000 to 2007. We collected papers and journals from electronic databases– ACM, IEEE and ProQuest. Our objective of this paper is to find the current research trend on Risk Management by analyzing and categorizing those research papers. Project Risk Management Research It is the process of finding what current researchers are emphasizing in. It includes defining the current works on project management, particularly on Risk Management articles and papers. Then make generalized conclusion based on collected and analyzed works. This conclusion or judgment is made based on project risk management processes– risk management planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, risk monitoring and control (PMBOK 2000, Schwalbe 2006). Sources of data We collected articles and papers published in years 2000 to 2007 from these databases which are known to be rich information about project management. ACM Digital Library ACM digital library includes magazines, journals, transactions, publications by affiliated Organizations, SIG news letters, Conference Proceeding Series. ACM digital library provides service for individual, universities, libraries and corporations. We find that risk management is one of the research fields in many businesses and industries. ACM includes diversity of business and industrial processes which enables us to inference the future trend in different fields. IEEE Explore To support our conclusion and get strong analytical results, we also collect articles and papers from IEEE explore which has more technical articles and papers than ACM digital library. It includes 1,682,970 online documents to be referenced. ProQuest Another supporting database which we extracted articles and papers is ProQuest. That includes ABI/INFORM databases, dissertation and theses, etc. Data analysis from that database will be icy on our research cake Data selection from the databases We conduct full text search in above databases using author, title, keywords based on year. Then tasks are separated among us based on years and combined later. Papers and articles are found based on the following criteria: Keywords: Risk Management, Risk Identification, Risk Analysis, Risk Transfer, Risk Control, Risk Response Years: 2000 to 2007 Output format and research data representation Output format will be as the following: Researchers Title Database Risk Category Year Business Category Sub Category Method The papers and articles are attached in the appendix B. We classified each paper into specific risk management processes (PMBOK 2000, Schwalbe 2006). We also analyzed which business category that each paper falls into and which specific method do they use in conducting the specified risk management Process. To get the consistent taxonomy in risk management, we identified the papers and articles into the categories guided by (PMBOK 2000, Schwalbe 2006). They are: Risk Management Planning: This is how businesses and industries plan and handle for risk. Risk Identification: This is how businesses and industries emphasize on identification of risk throughout their organizational processes. Risk Analysis: This involves how organizations conduct quantitative and qualitative risk analysis based on sampling and probability/impact matrixes. Risk Response Planning: This shows how organizations develop risk response strategies like how to avoid, how to have tolerance, how to mitigate risk, how to transfer risk etc. Risk Monitoring and Control: This involves how organizations monitor the identified risks, new risks through out the execution of the projects. Business and industrial categories are identified as follow: Construction Education Finance Healthcare Insurance Information Technology Disaster E-commerce E-banking Internet Business Information Security Software development Maritime Marketing Organizational Process Pure General Research Terrorism We also found that information technology risk management plays a great role in modern businesses and industries because of wider usage of internet and web technologies. Our analyzed data will be represented in pie chart, bar chart and line chart by comparing different categories, different risk manage processes, different years etc. Data Collection and Analysis Data Collection We used digital databases web site – ACM, IEEE and ProQuest for scholar paper and articles and the existing search engines – google and yahoo. But we are not unable to get some papers from the search engines. So, we used these to get only information which papers are located in which databases. Using information returned from the search engines, we search the desired papers in the databases. The following chart, Fig 1 shows the state of the materials found in the three sources – ACM, IEEE and ProQuest. Figure 1 Distribution of papers There are 113 papers found in those databases. We summarized the papers found in the three sources. We categorized by the papers by using PMBOK guide. We provided the Risk Analysis, Risk Assessment, Risk Control, Risk Response and Risk Identification. The following diagrams show the results. We learned that ACM database has more papers related to the risk management as in Fig 2. Other two databases have papers. But some pa pers are general for risk management. So, we discarded the papers and then we collected the more specified papers which are related to the above titles. We prepared the results with some charts as shown in below figures. Figure 2 Research papers found in ACM database by category Figure 3 Research papers found in IEEE database by category Figure 4 Research papers found in ProQuest database by category The above figures, Fig 2, Fig 3, Fig 4 show that the papers found in the ACM, IEEE, ProQuest database are shown by categories. Risk analysis is mostly conducted by majority of researchers. It was conducted mostly in year 2005 and 2006. Risk assessment and risk response research areas are fewer than other risk management process areas. Research for risk response is very rare, not fairly distributed and found in certain year. Data Analysis The trends of the risk analysis for the year 2000-2007 are shown in graph, Fig 5. We learned that IT project management was highest in recent 7 years. Figure 5 Trends in different business and industries within year 2000-2007 Information Technology We learned that there are varieties of IT projects. We categorized it as follow. Software Development E-Banking Disaster Information Security E-Commerce Internet Business When we categorized these topics, we found that some fields are ambiguous to group them. Some fields are software performance testing and fields emerged after the development phase. We grouped these fields were in the Software Development part. We grouped Networking security and other Internet security fields into the Information Security part. We formed a group for the Internet Banking as a E-Banking. In the Disaster group, we put the some disasters in the Disaster parts. These disasters sometime can be seen when processing some tasks in IT such as software error, hardware crash, and wrong information usages. We collected the potential security risks and group them into the Information Security group. Internet Business can be confused with E-Commerce and E-Banking. We intended the Internet Business to group the fields of the some businesses which are using Internet and make transactions via internet such as Online Registration. We found that Software Development risk analysi s is most famous. In 2006, Software Development trend is the more than year 2005 and 2007. But year 2007 is not ended. So we can’t make any decision for that year. Figure 6 Risk management processes in different information technology fields Internet Business is the second thing to be learned. But Information security is down in 2006. Internet Business is coming up. Construction Construction group has the fields of which are architectural fields and construction works. We learned that in 2000 and 2001, there are some interests upon that field. In 2001, the construction field can be seen as a hottest field. Education We grouped the some fields in to Education group that fields are Education fields, learning methods in Education. The research related with the Education can be seen in the year 2004 only. Finance Finance group is wide. We formed the Finance group for some fields that are Cost Estimation, Accounting, Management Accounting and Banking. The finance is most famous in 2004. In the subsequence year, trend for the finance is running down to bottom. Healthcare We collected the data for the healthcare. But it is difficult to collect for the healthcare. We learned that in 2005, healthcare was appropriate level. But later, we cannot see it until 2007. Marketing In 2002 and 2005, marketing was in regular level. In 2003 and 2006, it was high up to 2. So, we learned that marketing was the regular level. Organization In the organization group, we combine the Oil Field, NASA, and some other organization-oriented fields. There are some researches for the organization in every year. There are some researches in the organization group within 2002 and 2006. Terrorism Terrorism was the new emerging fields after 9/11 problem. But later, we were not available for that field later years. This group is an exception for the risk management. But it is one thing to be considered later. Maritime Maritime was the individual fields. We did not combine any fields to that group. This category can be seen in only 2001. Insurance Insurance is the same as the Maritime. We learned that that group is only one field. We learned that the field was in the 2004 and 2005. But Insurance can become an interesting topic in future. General In General group, we combine other fields such as some theory approves and lecture views. Before conclusion section, we intended to present the findings as summary of data collection and analysis. Risk management is the sub-set of Project management. In academic field, risk management researches are becoming increasingly. According to our analysis, risk management researches related to Information Technology are highest topic of the research filed. But one of our exceptional cases is that we need to learn many research papers from many databases. We studied only three databases and 113 research papers. If we learned more papers, we can get more perfect result. In this paper, we categorized only 11 fields. It is general for the risk management. To get the better result, we also need to categorize the exact fields out of many fields. We can also categorize the risk management fields more according to the PMBOK guide. Conclusion and recommendation Business organization and industries suffer from lost and harm because of poor handling in risk management. They have been enduring the agonizing outcomes of failure in the form of unusual delays in project completion, with cost surpassing the budgeted cost and sometimes failed to meet quality standards and functional requirements. Competition among rivals makes the companies to deliver projects in less time and cost with better functionality. Risk management is a predefined and structured approach for identifying and analyzing potential risks associated with a project so that effective risk treatment can be done at the lowest cost. It is not impossible to eliminate all risk and costly to overdo risk management, but it is also unwise to think of eliminating risk. There will be, sometimes, positive risks those will lead to profit if properly analyzed and identified. Our term paper provides an analysis on papers and articles and conduct bibliographic study by particular risk ma nagement process and business category. Risk management researches are mostly done in mission critical environments and risky projects. As internet booms, information security and e-business issues are associated with a lot of risks. We found that majority of research papers are related to information technology in last decade. Risk in credit portfolio management, supply chain, pricing and insurance fields are also researched as they are related to financial lost and harm. Though risk management can offer significant benefits to a project in order to reduce nasty surprises and identify and act upon opportunities, it is, however, not a ‘panacea’ for the problems and surprises which befall many projects and should not be seen as the ‘silver bullet of project management’ (Pavyer, 2004) as Murphy’s Law is the governing law of project management: if something can go wrong, will go wrong. As we collected from three databases, mainly from ACM, our res ult can be a little affected by other finding and papers. Results will be slightly different as we go though several databases. Even thought we titled to 2007, we believe that other findings and papers will come out during this year. But based on our analysis, some inferences and emerging trends can be seen. Recommendations As people and management are aware of the importance of risk management processes, it would be more affective and appropriate to put more emphasis on formal and or informal education and training to further enhance their awareness of risk management. Formal education could be graduate studies in financial project management, software project management and construction project management etc. Informal education and training could be in the form of career development programs or workshops within organization or organized by academic institutions or professional seminars. Each organization should have own risk management plan, risk response plan, and human risk factors plan. Risk management team should be formed according to project manager’s guidelines and organizational goals. Project manager must aware of current risk management trends and technological trends for long term strategic planning. Researchers on risk management should cooperate and conduct on research areas which have been done less like autonomous agent systems, spacecraft systems, information security management. Appendix A. Reference Burke, R. (2003). â€Å"Product Management.† Biddles Ltd, Guildford. Brandon, D. (2006) â€Å"Project Management for Modern Information Systems† IRM Press Cooper D., Grey S., Raymond G., Walker P., (2005) Managing Risk in Large Projects and Complex Procurements. Chapman, R. J., and Ward, S. (1997). â€Å"Project Risk Management Processes, Techniques and Insights† John Wiley Sons, Chichester, UK. Flanagan, R., and Norman, G. (1993). Risk Management and Construction, Blackwell, Oxford, UK. Pavyer, E. (2004). â€Å"Evaluating Project Risk.† Strategic Risk Management, Auguest 2004, 24-25 Project management institute (2000). â€Å"A Gide to Project Management Body of Knowledge† Project management institute, 6 Raftery, J. (1994). Risk Analysis in Project Management, E FN SPON, London, UK. Snider, H. W. (1991). â€Å"Risk Management: A Retrospective View.† Risk Management April, 47-54 Schwalbe, K. (2006). â€Å"Inform ation Technology Project Management.† Thomson Course Technology, 425 Yee, C. W., Chan, P., and Hu, G. (2001). Construction Insurance and Risk Management- A Practical Guide for Construction Professionals, The Singapore Contractors Association Ltd., Singapore. Appendix B. List of papers Researchers Title Database Risk Category Year Business Category Sub Category Steven L. Cornford, Martin S. Feather,John C. Kelly, Timothy W. Larson, Burton Sigal,James D. Kiper Design and Development Assessment ACM Risk Assessment 2000 IT Mary Sumner Enterprise Wide Information Management Systems Projects ACM Risk Identification 2000 IT Norman Fenton Martin Nell Software Metrics: Roadmap ACM Risk Assessment 2000 IT Osamu Mizuno, Tohru Kikuno,Yasunari Takagi, Keishi Sakamoto Characterization of Risky Projects based on Project Managers’ Evaluation ACM Risk Identification 2000 IT Jahyun Goo,Rajiv Kishore, H.Raghav Rao A CONTENT-ANALYTIC LONGITUDINAL STUDY OF THE DRIVERS FOR INFORMATION TECHNOLOGY AND SYSTEMS OUTSOURCING ACM Risk Response 2000 IT Paul Glasserman,Philip Heidelberger VARIANCE REDUCTION TECHNIQUES FOR VALUE-AT-RISK WITH HEAVY-TAILED RISK FACTORS ACM Risk Analysis 2000 Finance Mukul Gupta,Alok R. Chaturvedi,Shailendra Mehta, Lorenzo Valeri THE EXPERIMENTAL ANALYSIS OF INFORMATION SECURITY MANAGEMENT ISSUES FOR ONLINE FINANCIAL SERVICES ACM Risk Response 2000 Finance Banking Dennis M Thompson. Transferability of knowledge-based cost engineering skills and techniques PROQUEST Risk Assessment 2000 General Allan D Chasey, Ann M Schexnayder. Constructability: The key to reducing investment risk PROQUEST Risk Assessment 2000 Construction Lorenzo Valeri, Ellen McDermott, Dan Geer Information Security is Information Risk Management ACM Risk Analysis 2001 IT STEVE GODDARD, SHERRI K. HARMS, STEPHEN E. REICHENBACH, TSEGAYE TADESSE, AND WILLIAM J. WALTMAN GEOSPATIAL DECISION SUPPORT FOR DROUGHT RISK MANAGEMENT ACM 2002 IT Disaster William Lewis, Jr., Richard T. Watson, and Ann Pickren An Empirical Assessment of IT Disaster Risk ACM Risk Assessment 2003 IT Disaster Merrick, van Dorp, Mazzuchi, and Harrald MODELING RISK IN THE DYNAMIC ENVIRONMENT OF MARITIME TRANSPORTATION ACM Risk Analysis 2001 Maritime Brenda McCabe, Donald Ford USING BELIEF NETWORKS TO ASSESS RISK ACM Risk Analysis 2001 construction Deepak Bajaj. Corporate risk assessment in the construction industry: An Australian perspective PROQUEST Risk Assessment 2001 Construction Talal Abi-Karam Manageing risk in design-build PROQUEST Risk Analysis 2001 Construction Deepak Bajaj. Risk response and contingency strategies among contractors in Sydney, Australia PROQUEST Risk Analysis 2001 Construction Huaiqing Wang, John Mylopoulos, and Stephen Liao INTELLIGENT AGENTS and Financial Risk Monitoring Systems ACM Risk Monitor 2002 Finance Jeremy Staum SIMULATION IN FINANCIAL ENGINEERING ACM Risk Analysis 2002 Finance Mehdi Aboulfadl,Ritesh Pradhan A SPOT PRICING FRAMEWORK TO ENABLE PRICING AND RISK MANAGEMENT OF INTER-DOMAIN ASSURED BANDWIDTH SERVICES ACM Risk Analysis 2002 Finance Eduardo Saliby, Flavio Pacheco AN EMPIRICAL EVALUATION OF SAMPLING METHODS IN RISK ANALYSIS SIMULATION: QUASI-MONTE CARLO, DESCRIPTIVE SAMPLING, AND LATIN HYPERCUBE SAMPLING ACM Risk Analysis 2002 Finance Syed A. Saleem Ethical Hacking as a risk management technique ACM Risk Analysis 2006 IT Disaster Ioannis V. Koskosas,Ray J. Paul The Interrelationship and Effect of Culture and Risk Communication in Setting Internet Banking Security Goals ACM Risk Assessment 2004 IT E-Banking Mitsuaki Nakasumi, Faculty of Economics Credit Risk Management System on e-Commerce: Case Based Reasoning approach ACM 2003 IT E-Commernce Masamitsu Moriyama, Kentaro Takemoto, Takio Shimosakon Risk Management for Electronic Commerce between Japan and China ACM Risk Control 2004 IT E-Commernce Yanping WANG,Feng ZHAO Electronic Commerce Project Character and Risk Factor Analyses ACM Risk Identification 2005 IT E-Commernce KESHNEE PADAYACHEE An Interpretive Study of Software Risk Management Perspectives ACM Risk Analysis 2002 IT Peggy Fung, Lam-for Kwok, Dennis Longley Electronic Information Security Documentation ACM Risk Assessment 2002 IT Information Security Peggy Fung, Lam-for Kwok, Dennis Longley Electronic Information Security Documentation ACM Risk Analysis 2002 IT Information Security Athanassios N. Avramidis IMPORTANCE SAMPLING FOR MULTIMODAL FUNCTIONS AND APPLICATION TO PRICING EXOTIC OPTIONS ACM Risk Analysis 2002 Marketing Carlos Magno C. Jacinto DISCRETE EVENT SIMULATION FOR THE RISK OF DEVELOPMENT OF AN OIL FIELD ACM Risk Analysis 2002 Organization Oil Field Alan Weatherall, Frank Hailstones Risk Identification and Analysis using a Group Support System (GSS). IEEE Risk Identification 2002 Organization Alan Weatherall, Frank Hailstones Risk Identification and Analysis using a Group Support System (GSS). 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The Success Of A Student - 1315 Words

In our school we believe that every student has a story to tell, and it is our job to help them learn to tell it well. We need to pull together as a staff, as a community, and help each student discover his or her voice. Some of our students will become devoted mathematicians or passionate writers; some will blossom into budding young artists or actors and actresses; and music may strike a cord in others and turn them into voices that sing; whatever their passions, whatever their career paths, it is our job - no, our joy - as teachers to help the students in our halls and classrooms to discover, not just knowledge and skills, but to discover themselves. The task is daunting. The stakes are high; but the reward is immeasurable. Through passionate instruction, empowering supervision, and uncluttered communication, our school is up to the challenge, a challenge overcome through the community, the students, the staff, and the supervisors cooperating as one. To discover her voice, a student must leave her home and step into a school environment full of the just-so mix of rigor and flexibility. Students need to feel challenged and guided, but they must also experience a sense of comfort and a freedom so they can create and explore. Such an environment begins with me as a supervisor empowering my teachers to teach creatively, while still holding them accountable to teach responsibly. In our school, teachers know they have the freedom to explore cutting-edge pedagogical methods toShow MoreRelatedThe Success Of A Student Essay1969 Words   |  8 Pagesof, and connection with, my students. I felt that this cycle helped me to foster the gradual independence that the school encourages in its students, as we could then collaborate together on problems and recognise successes. Perhaps most importantly, the interest and focus I was able to show each student made the students feel valued and to be more motivated. 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Evaluation of The Aims

Question: Evaluate your aims in light of the internship experience Critically reflect and analyse (not describe) your internship Frame new knowledge and skills for future practice Provide professional advice as a concluding statement Answer: Evaluation of the aims The aim of the project is to learn cutting and designing of different types of garments as an assistant to fashion production in a small business. According to Williams et al. (2016), taking proper measurements and cutting the garments accordingly is a necessary part of an interns job. This relates to understanding different textures as well as the usage of clothing materials to offer complete satisfaction to the client. The internship process shall provide essential instructions to the fashion students to enable them to become qualified professionals. The company has specialized cutting techniques to prepare customized products for the clients. In additional, there are different sewing techniques for various types of garments. The internship process also emphasizes on different techniques that the company has adopted that has contributed largely towards building a sustainable customer base (Morley 2013). The different types of fabrics that can be used to prepare the clothing garments have been one of the primary aims of the internship process. The aim of the research process has been also to determine the sewing techniques with the supervisor. In the internship process, the supervisor has been playing an effective role to enable the trainees about the manufacturing process. As such, Kozar. and Hiller Connell (2015) mentioned that the participants in the internship research process would learn about the different techniques that can be used in preparing the garments . The part of visual merchandising is also an effective part of the internship process. Stansbie et al. (2013) mentioned that developing a new design idea for the purpose of display would assist the trainees to learn the value of innovative design in the production process. The visual merchandising also relates to the display as well as the dressing of dummies in various styles. According to Morley (2013), analyzing style, color as well as the design would influence the visual merchandising of the product. The part of visual merchandizing would assist the trainees to lean about the visual presentation that would affect the sales of the product. The dress-dummies in unique style shall assist the trainees to understand about the various aspects involved in the internship process. Internship Assessment The following essential skills have been an essential part of the internship process that would widen the skills of the trainees. Communication- Effective communication skills have been an essential part of the internship process of the business organization. This refers to the gathering of ideas and beliefs pertaining to cutting and designing of garments. Lawley et al. (2014) mentioned that the effective communication skills have been playing an e part in determining the procedure of imparting skills to the trainees. Thus, they would be able to contribute for the development of clothing garments to create a positive perception on the consumers. Active listening - According to Chu et al. (2012), the process of active listening relates to paying attention to the superiors guiding the internship process. In addition, the doubts and the queries of the trainees has to be answered patiently. The procedure of active listening also ensures that there is a healthy exchange of information between the two parties. If the trainees adopt an attitude of effective listening, it would enable the supervisor to impart their skills and attitude in an effective manner Teamwork - The teamwork refers to the proper coordination between the different groups working in the internship procedure. This shall assist the business entity to work towards achieving the internship objectives and goals. According to McHugh (2016), effective teamwork shall assist a business enterprise to gather essential data about the fashion industry and the methods to attract potential customers about the brand. Thus, the intrinsic details about the job from procuring the material to cutting as well as designing the clothing as per the required specifications would be covered adequately. Diversity and the organization skills- Diversity relating to culture and backgrounds would bring fresher perspectives to the research procedure. As such, managing diversity in the internship research procedure would help to bring newer dimensions to the design and the quality of the garments. Kozar and Hiller Connell (2015) mentioned that workforce diversity should assist the internship process to attract newer talent to the internship process, thereby, benefitting both the trainees as well as the business organization. The internship research process would assist the trainees to learn about the various fabrics, designs and color that would add to the visual presentation of the garments. McHugh (2016) stated that the internship procedure would address the essential issues that have crept in the designing of garments. In this regard, it can be stated that the internship process have also taught about the existing trends of the fashion industry in the global market. Besides this, basic knowledge and skills were also imparted to the trainees participating in the internship. As such, Morley (2013) stated that the basics of cutting, coloring and the presentation of the garments to the consumers were also considered. In addition, the usage of fabrics was also a necessary part of the internship procedure. Knowledge and skills - The development of new knowledge and skill was possible through the internship procedure. According to Kozar and Hiller Connell (2015), the internship procedure imparted the skills to the candidates relating to the cutting, designing and the visual presentation of the garments. In addition, participants were encouraged to develop innovative ideas relating to the manufacture of fashionable yet affordable garments. Stansbie et al. (2013) mentioned that pertinent techniques relating to the sewing techniques were imparted to the participants in the internship process. Thus, total knowledge and skills were offered to the participants in the internship research process. Concluding Statement Professional advice - The internship process can be more structured to make it more effective. The trainees would be served better if there are more communication as well as exchange of ideas between the trainees and the superiors. Providing in depth details about the existing trends in the fashion world would assist the trainees to contribute more in the internship process. It is the job of the supervisors to structure the internship process in such a manner to maximize the gain from the internship process. References Chu, S.K.W., Kwan, A.C. and Warning, P., 2012. Blogging for Information Management, Learning, and Social Support during Internship. Educational Technology Society, 15(2), pp.168-178. Kozar, J.M. and Hiller Connell, K.Y., 2015. The fashion internship experience: identifying learning outcomes in preparing students for the real world. International Journal of Fashion Design, Technology and Education, 8(1), pp.3-11. Kozar, J.M. and Hiller Connell, K.Y., 2015. The fashion internship experience: identifying learning outcomes in preparing students for the real world.International Journal of Fashion Design, Technology and Education, 8(1), pp.3-11. Lawley, J.J., Moore, J. and Smajic, A., 2014. Effective communication between preservice and cooperating teachers. The New Educator, 10(2), pp.153-162. McHugh, P.P., 2016. The impact of compensation, supervision and work design on internship efficacy: implications for educators, employers and prospective interns. Journal of Education and Work, pp.1-16. Morley, J., 2013. Conceptual fashion: design, practice and process. Stansbie, P., Nash, R. and Jack, K., 2013. Internship design and its impact on student satisfaction and intrinsic motivation. Journal of Hospitality Tourism Education, 25(4), pp.157-168. Williams, J., Evans, C. and King, L., 2016, March. edTPA Assessment in Distance Education: Implementation, Results, and Lessons Learned in a Special Education Program. In Society for Information Technology Teacher Education International Conference (Vol. 2016, No. 1, pp. 1374-1377).