Project Management applied to House Renovation Assignment

Project Management applied to House Renovation - Assignment Example This method is beneficial and purposeful when the subject is too complex to unravel which demands a web of discussion to correlate theories of engineering, architecture, economics, and performance management of its workers (Shuttleworth, 2008). As a case study, the discussion hopes to generate careful thought and accurate explication that would be helpful in the realization of the project (Shuttleworth, 2008). Limitations The researcher is limited to discuss only about house renovations and the significance of performance management in executing the project plan. The limitations is centered solely about the challenges of an organization in defining, measuring and motivating workers’ performance to make the work cost-efficient and effective (Hartog, Boselie, & Paauwe, 2004) following the organizational strategies in human resource management and of quality control standards (Hartog, et al., 2004). It will therefore consider all models that are considerate of key workers’ roles, functions, communication expertise, skills, perceptions— all of which are subject to managerial capacity and other related causality (Hartog, et al., 2004) of renovation and construction. The researcher is likewise limited by international standard of professional ethics in the conduct of research. Related Literature House renovation is an economic activity because this will involve the use of human and capital resources, thus, considerate on household income that will guarantee the full completion of the project (Plaut, et al., 2010; p. 462). It is also dependent on decisions made by the family—as the latter make some rational choice on engineering design and on renovation model it seeks to effect, as well as, the structure they wish to change. This is... This essay discusses house renovation as an economic activity because this will involve the use of human and capital resources, thus, considerate on household income that will guarantee the full completion of the project. It is also dependent on decisions made by the family—as the latter make some rational choice on engineering design and on renovation model it seeks to effect, as well as, the structure they wish to change. This is therefore inclusive of logistics analysis and the theoretical precepts governing decision-making relating to renovation because persons involved must be sensitized on the present value of property, the variables of demolition and reconstruction, and, the cost of the construction materials that will be utilized in renovation. These variables cover (a) personal and household variables; (b) housing variables, and (c) geographic variables. The first variables are inclusive of data and information of household’s demographic profiles such as the nu mber of residents of a specific home, their gender, status, nationality, and their economic status. The latter is significant to determine the credit quality of the household and in determining their level of accountability when such renovation falls within the market cycle when mortgage is of high interest rate. The second variable cover matters about the value of the house sought to be renovated with it’s anent tax, mortgage rate and its physical condition.

Questions and comments on graph and starbucks Essay

Questions and comments on graph and starbucks - Essay Example Euro will definitely make it difficult for European economies to compete in the global market due to comparatively low prices offered by non-European economies. Starbucks’ understanding towards the increase in exchange rate for Euro vs Dollars has saved it from making an investment, which would have resulted in lower revenues earning; however, the other issue of tax avoidance is a considerable one, which not only focuses on the taxation policies but also increases the political risk associated with such practices. The fact that the actions of the company can affect the political risk has to be considered, which will definitely be another setback for the operations of the company in the European market (Kapil). The management of Starbucks shall be concerned about the risks associated with foreign currency translations, which may affect the profitability of the company and thereby deviate unfavourably from projected figures. In this regard, the fact that the company has started using forward contracts to cover risks associated with foreign currency translation is a positive step. The fact that there is a risk associated with such practice is still acceptable while keeping in view the greater risk associated with losses incurred in foreign currency translations