Sunday, February 16, 2020

Project Reviews Research Paper Example | Topics and Well Written Essays - 250 words

Project Reviews - Research Paper Example cope of the project, how many people works in that particular project, level of skills of the personnel, the time required for the project completion, project familiarity, resources available, the risk associated with the project, the project complexity and how often the communication is carried out within the project management systems (Barkley, 2006). While carrying out the project reviews it is fundamentally right to factor in the actionable information that gauges the extent of success of these projects. It should be able to scrutinize the project and determine the things that went well as well as those that met with failure in the process of project implementation. Besides, it should be able to capture things that struggled and created bottlenecks in different phases of the project implementation and take into account the preparation of the feedback mechanisms. The project review should take comparisons of the required specifications in consideration of the end results and whether the project is on track or in deviations. The actionable information helps in putting the lessons learnt in taking care of the project quality, budget, overall impacts, time delivery schedule and the project deviations from the requirements. The review should not be biased in any way and it should be able to identify risks that have occurred or yet t o occur in the process of project implementation. Honest project reviews is helpful since it puts projects on the right tracks by identifying the shortfalls and successes (Barkley,

Sunday, February 2, 2020

Essay question Example | Topics and Well Written Essays - 1750 words

Question - Essay Example iThe argument is however based on the fact that neoclassical economists claims or rather emphasize smith’s â€Å"invisible hand† while classical economists on the other hand think that smith clearly stipulates his programme for promoting the â€Å"Wealth of Nations† in the first sentence of his work. Smith uses the phrase â€Å"the invisible hand† in both theories under different context and each having a different meaning. Therefore, different interpretations of the phrase can be regarded as the source of conflicting ideas between classical and neoclassical economists. Moreover, various economists have advance theories that are in line with smith’s theory of wealth of a nation or contradicting theories thus economic policies are more of a battle field between neoclassical economists and classical economist who concurred with smith’s theory of an inquiry into the nature and the cause of wealth of a nation. Adam Smith’s work, â€Å"Wealth of Nations† is regarded as the perfecto of the theory of moral sentiments since it targets the problems of how people express their self-interests and their morality. He argued that a pin factory that employs division of labor is likely to produce thousands of pins more than a pin factory that each individual worker attempts to produce his or her own pin. Therefore he advocated for specialization and division of labor in production for efficiency. Adam Smith also emphasized on the importance of flexibility during transition from one phase of life to the other by developing institutions that are fit for that phase; and this therefore illustrates self-interest and morality in the society. Smith described people’s economic behavior as individuals who are guided by an â€Å"invisible hand†. He argued that production of high priced products in relation to production cost would induce individual production of this product