Case project analysis Assignment Example | Topics and Well Written Essays - 2500 words

Case project analysis - Assignment Example Thus, taking consideration of these aspects, the report will mostly remain focused towards assessing the statistical data and the types of renewable energy generation plans undertaken by the 27 EU Member States. It will also elaborate the predictions made by the member states till the period of 2020. Eventually, the new technological implementation will require subsequent planning and investment. Thus, this report will also comprise of a planned ‘work breakdown structure (WBS)’ which will assist the project managers and the contractors in accomplishing the project within the provided deadlines. Project deliverability has always been considered as one of the most crucial aspects of project management. It involves the systematic accomplishment of each and every planned stage of the project in an effective manner. The process also gets accompanied by appropriate structuring and engagement of strategic measures by taking help of the various management tools. The necessity of tallying the attained outcomes with perceived project objectives also forms a crucial of the overall management process. Taking consideration of the guidelines mentioned within the European Commission Call for Tenders ENER/C1/504-2009, the stages of this project has been carefully planned (Prestemon, 2011). A brief summary of the deliverables associated with the renewable energy project have been detailed below. Financial planning can be considered as a crucial factor in accomplishing large scale projects due to the fact that they are time bound and completely rely on the availability of resources. Moreover, the successful accomplishment of the project also depends on the performance and the experience levels of the contracting team. Appropriate use of project financial budgeting tools can also be considered as a crucial deliverable for the undertaken contracts

Human Management Essay Example | Topics and Well Written Essays - 2250 words

Human Management - Essay Example To manage people properly one is to understand their cultural background. The task is difficult even in the conditions of diverse workplaces within one particular country. In the process of globalization and business internationalization cultural issues have acquired ever greater importance. National cultures differ, which mirrors in business practices. Entrepreneurs and employees of various countries have different perceptions and attitudes, worldviews and approaches. National cultures and mentalities are reflected in nation-wide preferences for management styles and different notions of success. Western HR management has largely relied on the researches accomplished in the English-speaking countries, especially those in the USA. However, HR practices that are viewed as 'the best' in one country often fail in another cultural context. As a result, cross-cultural issues and their impact on business operations have become one of the most heavily researched areas in management. The vas t empirical research conducted in different parts of the world has accumulated evidences demonstrating that cultural values being deep seated always lead to divergence in the approaches to management, while the convergence some believe to witness is superficial and limited in effect (Stening 2006). As Bruce W. Stening suggests 'understanding cultures is becoming even more important than previously believed'. This paper examines the relationship between national cultures, management styles and performance. There are several points to be supported. Cultural intelligence acquires enormous significance in international business operations. Cultural issues tend to form preferences in management styles and performance related practices. The choice of management styles in international context should rely upon concrete local conditions and should be a hybrid of best HRM practices used in two cultural settings. The Importance of Cultural Intelligence. Cultural Intelligence is "A person's capability for successful adaptation to new cultural settings, that is, for unfamiliar settings attributable to cultural context" (Early and Ang 2003, in Stening 2006). CQ implies a set of knowledge and abilities, including knowledge of cultures and fundamental issues of cultural interactions; sensitivity to cues and ability to properly interpret what's going on in the cross-cultural situation; and behavioural skills enabling a manager to respond properly to different intercultural situations (In Stening 2006). CQ is a necessary tool for establishment of mutually beneficial relationships with the foreign party. Bruce W. Stening (2006) summarizes tricky situations in international business when CQ plays the decisive role. It is important for: negotiations with a potential joint venture partner, dealing with relationships between expatriate and local colleagues, motivation of local workforce, resolving interc ultural disputes, dealing with local governmental authorities and bureaucrats, resolving ethical dilemmas, designing training and development programs for locals, developing policies and strategic plans, creating effective virtual teams, ability to