The aim of this assignment is to develop your planning and analytical Essay

The aim of this assignment is to develop your planning and analytical skills in the context of a complex project orientated environment. (MS project software required) - Essay Example EVM is one of the widely used techniques by project managers in order to analyse and keep an eye on the status of the project. EVM can be used by the project manager to analyse the project’s progress. There are three important factors that are used in measuring the performance of the project and EVM analyses the performance of the project on these three basis: So, using EVM a project manager is able to track the performance and make sure whether project is going in the right direction or not and whether the project will be completed within the deadline and within the cost. If the project is right on track then the project manager needs to make sure that same pattern is continued or followed so that it is completed appropriately. If the project is not on the right track, then he needs to analyse the problems and take corrective actions. The project in this report has been evaluated using EMV and PERT analysis techniques. EMV tool has been used by project managers in order to evaluate the progress of the project on the basis of time, cost and scope or quality. EMV has been an important tool for the project managers in not only analysing and identifying the project progress (Hamilton, 2004) but it is also an important for the project manager in order to evaluate the cost that has already been incurred in the project and thus, the project managers can also evaluate the cost that has already been incurred and the cost that would be incurred even in between the project duration. Before EMV, project managers used to face many problems in analyzing the progress of the projects however the problem has been solved to a great extent with the introduction of EMV. On the other hand, PERT analysis is the other technique that has been used. The word PERT is the abbreviation of Program Evaluation and Review Technique and this tool

Marketing management Essay Example | Topics and Well Written Essays - 2000 words - 4

Marketing management - Essay Example Since the last 10 years, HCC has grown swiftly, principally throughout an insistent policy of efficient management. However in the wake of the economic crisis and the following recession that has also hit the company steering its sales down by almost 50%, the company has been forced to lay down 50% of its employees, and the company is motivated to look towards new options and destinations. Russia and South America have been identified as new selling destinations for the company along with trying to profit margins in the highly competitive environment. However, the company is also trying to promote its products in the local Chinese markets. The next section presents a detailed analysis of the market conditions for the company, the opportunities and threats, the current position and management strategy of the company and the forces of change that are required to build a more efficient and successful organization. I choose to select the method of various analysis tools like SWOT, Porter analysis to study the above requirements and conditions for the company. 1. The company commands significant lead in many segments in the export sector of the Chinese industry for entertainment goods. It is also a well known international company and its products have been able to set their own brands in the international market up till now 2. The company has a flexible and customer oriented product history with a considerable development in the export sector as they have increased the market share by 3% to over 6% within the last two years. Porter’s five forces analyze the strong points of a company. Traditionally, the analysis is used to take notice of new product launches, upgrading of business services, and appropriate balance of power. 1. Provider control: in this case, the power and control of the suppliers of HCC to drive the prices of the final product or