Project management Case Study Example | Topics and Well Written Essays - 500 words - 3

Project management - Case Study Example The company is seeking to recruit a new project manager to lead the project. This paper has set the recommendations necessary and recommends the vice president to use the score model to come up with the best solution. ABS has in recent years acquired two companies, which are General Maritime Protection and the Western general insurance in Calgary. These two acquisitions positioned it as a major insurer in Canada. These companies function autonomously up to this date even after the merging of the three companies under a single legal entity. That is why an IT strategic plan was necessary which provided an IMSP, which could be shared by the HRM, financial management and sales and marketing management. The IMSP could lead the ABS Canada to solve these underlying problems. Vice president Jean Roberge felt that he needed a project manager to help him with the IMSP project. This project was an important one for the organization since it could enable the three companies solves their underlying problems. That is why an ideal project manager is important. Jean Roberge should come up with a checklist and then use the scoring model to select the ideal project manager (Kloppenborg, 2011). The first step involves him coming up with a list analyzing and indicating the purposes of the project and decides which ability is more important to realize the purpose of the project. He should consider IT technical ability and the negotiation abilities between the three companies should be considered. The next stage is for Jean Roberge to consider the most important aspects of each criterion with considerations of the project’s blueprint. He then finds all the candidates and scores them according to their scores. He is then supposed to use the scoring model to get the rightful candidate. He obtains this by multiplying the scores of the criterion with their corresponding weight. It is important that

Articles about Economy Research Paper Example | Topics and Well Written Essays - 2500 words

Articles about Economy - Research Paper Example Given the inelastic nature of the supply curve, the impact of a negative demand shock had been rather hard for the market. The result of this oversupply was a depreciation in house price by 45% from what it had been in 2008. In Dubai alone, the fall in equilibrium demand price had been as much as 58%, owing to a sharp fall in the number of tourists. Falling demand for houses is also evident from depreciation in the amount of rents being paid on houses; statistics show this fall amounting to 10% in 2010 from what it had been in 2008. An even more pestering issue is that the nation had invested so much into high-end ventures, that there arises no question of turning back which is why the UAE housing market is preparing to introduce another 26,000 units by 2011 (Menon, â€Å"More sharp falls ahead for UAE house prices†). 3 The stock market of UAE, for example, is a market that follows a competitive structure. Similar to the traits of a monopolistically competitive market, the stocks are found to be somewhat different in their innate features, either due to the brand names that are associated with them or due to the different rates of return that they offer. However, while the former is an apparent factor, dependent upon the perception of the investor, the latter is a variable one. In fact, it is the returns that a stock offers which determine the popularity of the same; the moment a rumour hits the market about a possible downfall, the demand for such a stock falls simultaneously. Hence, competitive market forces are the reason why there are any absences of barriers preventing the economic units to act according to the market moves. For instance, the global financial meltdown resulted to a downward revision of the UAE stock indices as was the case for almost every other nation around the world. Such a development resulted to a reduction in the number of investors in the UAE